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

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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