Analog Devices: Q1 EPS above expectations

(CercleFinance.com) - Analog Devices has published Q1 2019-20 adjusted EPS that is down 23% at 1.
03 dollar, three cents above the consensus, along with an adjusted operating margin that is down 4.3 points at 36.9% and revenues that are down 15% at 1.3 billion dollars.

For the current quarter, the semiconductor manufacturer targets adjusted EPS of 1.02 to 1.18 dollar and an operating margin of around 37.5%, for revenues of 1.3 billion dollars (plus or minus 50 million dollars).

In addition, on Tuesday evening its board of directors announced a 15% increase in its quarterly dividend to 62 cents, an increase that will be effective from the dividend that will be paid on 10 March to shareholders registered on 28 February.


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