Analog Devices (ADI) stock jumps on strong guidance, Q2 results beat

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Go back to Analog Devices (ADI) stock jumps on strong guidance, Q2 results beat

Analog Devices Reports Fiscal Second Quarter 2024 Financial Results

May 22, 2024 7:00 AM EDT

Revenue of $2.16 billion, above the midpoint of our outlookOperating cash flow of $4.3 billion and free cash flow of $3.1 billion on a trailing twelve-month basisReturned over $675 million to shareholders through dividends and repurchases in the second quarter

WILMINGTON, Mass., May 22, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced financial results for its fiscal second quarter 2024, which ended May 4,... More