UPDATE: Analog Devices (ADI) Tops Q4 EPS by 2c, Offers Q1 Guidance
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Analog Devices Reports Strong Fourth Quarter Results, Achieving Record Revenue and EPS; Full-Year Fiscal 2018 Revenue Surpasses $6 Billion
November 20, 2018 8:00 AM ESTRevenues were approximately $1.6 billion for the fourth quarter and approximately $6.2 billion for fiscal 2018 B2B revenues increased double digits year-over-year in both the fourth quarter and for fiscal year 2018; growth was led by the industrial and communications sectors Operating Cash Flow of $2.4 billion and Free Cash Flow of $2.2 billion on a trailing twelve months basis $1.53 billion of debt reduction lowering the leverage ratio from 2.6x to 1.9x during fiscal 2018 Returned $364 million to shareholders in the fourth quarter through dividends and share repurchases... More
