Shares of Analog Devices (ADI) surged 5.02% on Wednesday following the company's impressive third-quarter fiscal 2025 results and optimistic fourth-quarter guidance. The semiconductor manufacturer's performance exceeded analyst expectations, driven by robust demand across all its end markets.

Analog Devices reported third-quarter revenue of $2.88 billion, up 25% year-over-year and surpassing the analyst consensus of $2.77 billion. Adjusted earnings per share came in at $2.05, beating estimates of $1.95. The company saw double-digit growth across all its business segments, with industrial sales expanding 23% year-over-year, automotive growing 22%, consumer up 21%, and communications surging 40%.

CEO Vincent Roche commented, "Despite geopolitical challenges, ADI's third-quarter revenue and earnings per share exceeded the high end of our expectations. While tariffs and trade fluctuations are creating market uncertainty, the demand for ADI's products remains robust." The company's strong performance was attributed to its diversified business model and focus on high-growth areas such as industrial automation, electric vehicles, and AI-related infrastructure.

Looking ahead, Analog Devices provided an upbeat outlook for the fourth quarter, projecting revenue of $3 billion (plus or minus $100 million) and adjusted earnings per share of $2.22 (plus or minus $0.10). Both figures surpassed analyst expectations, further fueling investor optimism. The company's continued growth in key sectors, particularly in industrial and communications, suggests a positive trajectory for the coming quarters.