Analog Devices jumps as Q4 results beat estimates on demand recovery
** Shares of chipmaker Analog Devices ADI.O up ~5% at $235 premarket
** ADI reports Q4 revenue of $2.44 bln, beating estimates of $2.41 bln - data compiled by LSEG
** Posts adjusted EPS of $1.67 for quarter ended Nov. 2, above estimates of $1.64
** "After a brief decline in overall bookings during (Q3), orders picked up steadily throughout (Q4), particularly in the automotive end market," says CFO Richard Puccio
** Analog Devices forecasts Q1 revenue of $2.35 bln, plus or minus $100 mln, in line with estimates
** Company projects Q1 adjusted EPS of $1.53 at midpoint, below estimates of $1.56
** Up to last close, stock had risen ~13% this year
Reporting by Akash Sriram in Bengaluru
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