secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0000006281-23-000151
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADI reports record Q2 revenue $3.26B (+10% YoY); adj. EPS $2.83 (+18%); guides Q3 revenue ~$3.1B
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- Revenue $3.263B, +10% YoY; GAAP gross margin 65.7%, operating margin 34.6%, diluted EPS $1.92.
- Adjusted gross margin 73.7%, adj. operating margin 51.2%, adj. diluted EPS $2.83 (up 18% YoY).
- Operating cash flow $1.08B in Q2, $4.885B TTM; free cash flow $797M Q2, $3.955B TTM; returned $1.588B to shareholders in Q2.
- Q3 FY2023 guidance: revenue $3.10B +/- $100M; adj. operating margin ~48.5%; adj. EPS $2.52 +/- $0.10.
- CEO Roche cites 13th consecutive quarter of revenue growth; expects moderation in H2 due to economic uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000000628123000151/0000006281-23-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000000628123000151/adi-20230524.htm
  HTML page:      https://secwatch.observer/filing/0000006281-23-000151

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