Analog Devices: Q1 adjusted EPS up 40%
(CercleFinance.com) - Analog Devices has reported Q1 2020-21 adjusted EPS that is up 40% at 1.
44 dollar, exceeding the consensus, with its revenue increasing 20% to 1.56 billion dollars.
For the current quarter, the semiconductor manufacturer expects revenues of 1.55 - 1.65 billion dollars, for which the middle of this range represents adjusted EPS of 1.36 to 1.52 dollar.
In addition, on Tuesday its board of directors decided to increase its quarterly dividend by 11% to 0.69 dollar per common share in issue, its 18th increase in the last 17 years.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
44 dollar, exceeding the consensus, with its revenue increasing 20% to 1.56 billion dollars.
For the current quarter, the semiconductor manufacturer expects revenues of 1.55 - 1.65 billion dollars, for which the middle of this range represents adjusted EPS of 1.36 to 1.52 dollar.
In addition, on Tuesday its board of directors decided to increase its quarterly dividend by 11% to 0.69 dollar per common share in issue, its 18th increase in the last 17 years.
Copyright (c) 2021 CercleFinance.com. All rights reserved.