Analog Devices: Q3 adjusted EPS down 17%

(CercleFinance.com) - Analog Devices has published Q3 2018-19 adjusted EPS that is down 17% at 1.
26 dollars, four cents higher than the middle of its target range, along with an adjusted operating margin that is down 1.6 point at 40.8%.

The semiconductor maker saw its revenues fall 5% to 1.48 billion dollars, a level that is also at the top of its expectations, supported by growth in new domains such as 5G and electric vehicles.

For Q4, the group targets adjusted EPS of 1.22 dollar (plus or minus seven cents) and an operating margin of around 40%, for revenues of 1.45 billion dollars (plus or minus 50 million dollars).


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