Analog Devices (NASDAQ:ADI) reported quarterly earnings of $2.46 per share which beat the analyst consensus estimate of $2.31 by 6.45 percent. This is a 50.92 percent increase over earnings of $1.63 per share from the same period last year. The company reported quarterly sales of $3.160 billion which beat the analyst consensus estimate of $3.117 billion by 1.38 percent. This is a 30.42 percent increase over sales of $2.423 billion the same period last year.