Analog Devices Reports First Quarter Fiscal 2021 Results at the High End of Guidance
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Analog Devices (ADI) Tops Q1 EPS by 12c, Revenues Beat; Offers 2Q EPS/Revenue Mid-Point Guidance Above Consensus
February 17, 2021 8:03 AM ESTAnalog Devices (NASDAQ: ADI) reported Q1 EPS of $1.44, $0.12 better than the analyst estimate of $1.32. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.51 billion.
Revenue of $1.56 billion with double digit year-over-year growth across all B2B marketsOperating cash flow of $2.1 billion and free cash flow of $1.9 billion, or 33% of revenue, on a trailing twelve months basisReturned over $380 million to shareholders in the first quarter through... More