Analog Devices (ADI) Tops Q1 EPS by 12c, Revenues Beat; Offers 2Q EPS/Revenue Mid-Point Guidance Above Consensus
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Analog Devices Reports First Quarter Fiscal 2021 Results at the High End of Guidance
February 17, 2021 8:00 AM ESTRevenue of $1.56 billion with double digit year-over-year growth across all B2B markets Operating cash flow of $2.1 billion and free cash flow of $1.9 billion, or 33% of revenue, on a trailing twelve months basis Returned over $380 million to shareholders in the first quarter through dividends and share repurchases Increased quarterly dividend by 11%, marking the Company's 18th increase over the last 17 years
WILMINGTON, Mass.--(BUSINESS WIRE)-- Analog Devices, Inc. (Nasdaq: ADI), a leading global high-performance semiconductor company, today announced financial results for its first quarter of... More