Analog Devices: 47% increase in EPS in the 3rd quarter


(CercleFinance.com) – Analog Devices reports for its third quarter 2021-22, adjusted EPS up 47% to 2.52 dollars, for an adjusted operating margin improved by 6.5 points to 50.1% and revenues up 77% to $3.11 billion.

‘If economic uncertainty begins to affect our orders, demand continues to outstrip supply, resulting in a higher order backlog and paving the way for a strong end to a record year’, underlines its CEO Vincent Roche.

For its final quarter of 2021-22, the semiconductor maker anticipates revenue of $3.15 billion, plus or minus $100 million, and for the middle of that range, adjusted EPS of $2.57, plus or minus 10 cents.

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