Analog Devices, Inc. (ADI) Reports In-Line Q1 EPS, Offers Guidance

February 18, 2014 4:07 PM EST
Analog Devices, Inc. (NASDAQ: ADI) reported Q1 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $628 million versus the consensus estimate of $628.87 million.

Analog Devices, Inc. sees Q2 2014 EPS of $0.54-$0.58, versus the consensus of $0.55. Analog Devices, Inc. sees Q2 2014 revenue of $660-668 million, versus the consensus of $664.3 million.

Gross margin estimated to increase 50 to 100 bps
Operating expenses estimated to increase by approximately 2%
Tax rate estimated to be approximately 13%

For earnings history and earnings-related data on Analog Devices, Inc. (ADI) click here.

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