(CercleFinance.com) – Analog Devices announces, for its second quarter, adjusted EPS up 18% to 2.83 dollars, for an adjusted operating margin improved by 0.9 points to 51.2% and revenues up 10% to $3.26 billion.
“As for the second half of the year, we expect revenues to slow down given the continuing economic uncertainty and the normalization of supply chains”, however warns its CEO Vincent Roche.
For its third quarter, the semiconductor group forecasts adjusted EPS of $2.52, plus or minus 10 cents, an adjusted operating margin of around 48.5%, plus or minus 0.7 points, and revenues from 3.1 billion to more or less 100 million.
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