Analogue Devices: Q4 EPS up 20%

(CercleFinance.com) - Analog Devices has reported Q4 2020-21 adjusted EPS that is up 20% at 1.
73 dollar, with adjusted operating margin that has improved by 140 basis points to 43.1%, with revenues that are up 53% at 2.34 billion dollars.

The group said that its automotive and industrial markets reached all-time highs, while its consumer business returned to solid growth over the year, adding that backlog and order intake remain robust.

For Q1 2021-22, the semiconductor maker expects revenue of 2.5 to 2.7 billion dollars, with, for the middle of its target range, adjusted EPS of 1.68 to 1.88 dollars.


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