Analog Devices Reports First Quarter 2016 Results
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Analog Devices (ADI) Core Strength Offsets Consumer Weakness - Sterne Agee CRT
February 18, 2016 7:42 AM ESTSterne Agee CRT analyst, Douglas Freedman, is positive on Analog Devices (NASDAQ: ADI) as industrial, auto and comm segments offset a weak consumer endmarket. No change to Buy rating or $65 PT which is based on 18x C17 FCF/sh.
ADI reported JanQ rev/GM/EPS of $770M (-21% q/q)/62.5%/$0.56 vs. consensus $762M (-22% q/q)/63.4%/$0.54. Consumer revenue declined 60% q/q to... More
Analog Devices (ADI) Tops Q1 EPS by 3c, Offers Q2 Guidance
February 17, 2016 8:02 AM ESTAnalog Devices (NASDAQ: ADI) reported Q1 EPS of $0.56, $0.03 better than the analyst estimate of $0.53. Revenue for the quarter came in at $769.4 million versus the consensus estimate of $761 million.
GUIDANCE:
Analog Devices sees Q2 2016 EPS of $0.58-$0.66, versus the consensus of... More
