Analog Devices (ADI) Tops Q1 EPS by 5c, Revenues Beat; Offers Q2 Revenue Mid-Point Guidance Below Consensus, Q2 EPS Mid-Point Views In-Line with Estimates

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Analog Devices Reports First Quarter Fiscal 2019 Results with Revenue and EPS at the High-End of Guidance

February 20, 2019 8:00 AM EST

Revenue of $1.54 billion led by strong growth in the communications market Operating Cash Flow of $2.4 billion and Free Cash Flow of $2.1 billion on a trailing twelve months basis Returned over $400 million to shareholders in the first quarter through dividends and share repurchases Increased quarterly dividend by 12.5% and updated dividend growth target to 7% to 15% annually

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