Analog Devices (ADI) Tops Q2 EPS by 9c, Offers Q3 Guidance

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Analog Devices Reports Record Revenue and Earnings for the Second Quarter Fiscal 2021

May 19, 2021 7:00 AM EDT

Revenue of $1.66 billion increased 26% year-over-year with record revenue in the Industrial and Automotive markets Operating cash flow of $2.4 billion and free cash flow of $2.2 billion, or 36% of revenue, on a trailing twelve months basis Returned over $440 million to shareholders through dividends and share repurchases in the quarter Received European Union, Korea, Taiwan, Japan, and Singapore approvals for the Maxim Integrated acquisition and on track to close this summer

WILMINGTON, Mass.--(BUSINESS WIRE)-- Analog Devices, Inc. (Nasdaq: ADI), a leading global semiconductor company, today announced... More