Analog Devices (ADI) Tops Q2 EPS by 8c, Offers Guidance

Go back to Analog Devices (ADI) Tops Q2 EPS by 8c, Offers Guidance

Analog Devices Reports Record Revenue for the Second Quarter Fiscal 2023

May 24, 2023 7:00 AM EDT

Revenue of $3.26 billion increased 10% year-over-year, led by another quarter of record results in Industrial and Automotive Operating cash flow of $4.9 billion and free cash flow of $4.0 billion on a trailing twelve-month basis Returned $1.5 billion to shareholders through $1.1 billion of share repurchases and $0.4 billion of dividends during the second quarter

WILMINGTON, Mass.--(BUSINESS WIRE)-- Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced financial results for its second quarter fiscal year 2023, which ended April 29, 2023.

ADI continued to execute well in the second... More