Analog Devices (ADI) Tops Q3 EPS by 8c, Offers Q4 Guidance

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Analog Devices Reports Strong Third Quarter Results with Revenue Above the High-End of Guidance and Double-Digit year-over-year EPS Growth

August 22, 2018 8:00 AM EDT

Revenues of $1.57 billion; B2B sales increased double digits year-over-year Operating Cash Flow of $2.4 billion and Free Cash Flow of $2.2 billion on a trailing twelve months basis 2x target leverage achieved ahead of plan, reinstates share buyback program and increases share repurchase authorization by $2 billion B2B sales projected to increase low double digits year-over-year in the fourth quarter

NORWOOD, Mass.--(BUSINESS WIRE)--... More