Analog Devices: Q2 EPS above estimates

(CercleFinance.com) - Analog Devices has reported Q2 2019-20 adjusted EPS that is down 21% at 1.
08 dollar, 3 cents above the consensus, with an adjusted operating margin that is down 3.5 points at 38%.

The semi-conductor maker's revenues fell by 14% year-on-year to 1.32 billion dollars, although were up sequentially, thanks to the industrial and communications sectors.

For the current quarter, Analog Devices is targeting adjusted EPS of 1.08 dollar (plus or minus 11 cents) and an operating margin of 38.3% for revenues of 1.32 billion dollars (plus or minus 70 million dollars).


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