earnings
confidence high
sentiment positive
materiality 0.80
Analog Devices Q1 revenue $3.25B, up 21% YoY; adjusted EPS $2.75; raises dividend 13%
ANALOG DEVICES INC
2023-Q1 EPS reported
$1.88
revenue$3,249,630,000
- Revenue $3.25B (+21% YoY); GAAP diluted EPS $1.88, adjusted diluted EPS $2.75, both records.
- Record Industrial and Automotive revenue; all B2B markets saw double-digit year-over-year growth.
- Operating cash flow $5.0B TTM; free cash flow $4.3B TTM; returned $1.04B to shareholders in Q1.
- Quarterly dividend raised 13% to $0.86/share; payable March 8, 2023 to holders of record Feb 27, 2023.
- Q2 FY2023 outlook: revenue $3.2B +/- $100M; adjusted operating margin ~51%; adjusted EPS $2.75 +/- $0.10.