Analog Devices: Q2 EPS rises 18%
(CercleFinance.com) - Analog Devices has reported Q2 adjusted EPS that is up 18% to $2.
83, with its adjusted operating margin improving 0.9% to 51.2%, with revenue rising 10% to $3.26bn.
The group expects H2 revenues to slow down given continuing economic uncertainty and the normalisation of supply chains, it warned.
It expects Q3 adjusted EPS of $2.52, plus or minus 10 cents, an adjusted operating margin of 48.5%, plus or minus 0.7% and revenue of $3.1bn, plus or minus $100m.
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83, with its adjusted operating margin improving 0.9% to 51.2%, with revenue rising 10% to $3.26bn.
The group expects H2 revenues to slow down given continuing economic uncertainty and the normalisation of supply chains, it warned.
It expects Q3 adjusted EPS of $2.52, plus or minus 10 cents, an adjusted operating margin of 48.5%, plus or minus 0.7% and revenue of $3.1bn, plus or minus $100m.
Copyright (c) 2023 CercleFinance.com. All rights reserved.