Analog Devices (ADI) Tops Q3 EPS by 8c, Q4 Guidance Tops Consensus
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Analog Devices Reports Third Quarter Fiscal 2020 Results With Revenue and EPS Above the Midpoint of Guidance
August 19, 2020 8:00 AM EDTRevenue of $1.46 billion increased 11% sequentially, led by growth in the communications and industrial markets Operating cash flow of $2.0 billion and free cash flow of $1.8 billion on a trailing twelve months basis Announced agreement to acquire Maxim Integrated Products Inc. in the quarter, further strengthening ADIs analog semiconductor leadership position
NORWOOD, Mass.--(BUSINESS WIRE)-- Analog Devices, Inc. (Nasdaq: ADI), a leading global high-performance analog technology company, today announced financial results for its third quarter of fiscal 2020, which ended August 1, 2020.
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