Analog Devices Reports Third Quarter Fiscal 2019 Results with Revenue and EPS above the Midpoint of Guidance
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Analog Devices (ADI) Tops Q3 EPS by 4c, Revenues Beat; Offers Q4 EPS/Revenue Mid-Point Guidance Below Consensus
August 21, 2019 8:02 AM EDTAnalog Devices (NASDAQ: ADI) reported Q3 EPS of $1.26, $0.04 better than the analyst estimate of $1.22. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.45 billion.
Revenue of $1.48 billion with B2B markets down 3% year-over-yearOperating Cash Flow of $2.3 billion and Free Cash Flow of $2.0 billion on a trailing twelve months basisReturned over $300 million to shareholders in the third quarter through dividends and share repurchasesIn what continues to be a challenging... More
