earnings
confidence high
sentiment positive
materiality 0.85
Analog Devices Q3 revenue $3.11B (+77% YoY), record; guides Q4 rev $3.15B midpoint
ANALOG DEVICES INC
2022-Q3 EPS reported
$3.45
revenue$8,766,237,000
- Revenue $3.11B (+77% YoY), sixth consecutive quarterly record; adjusted EPS $2.52 all-time high.
- All end markets grew double-digits YoY; Industrial, Automotive, Communications each hit record revenue.
- Returned $1.3B to shareholders in Q3: $906M in buybacks and $394M in dividends.
- TTM free cash flow $3.74B, 34% of revenue; record operating cash flow $4.27B.
- Q4 guidance: revenue ~$3.15B midpoint, adjusted EPS $2.57 +/- $0.10, adj op margin ~50.3%.