Analog Devices Q2 2022 Earnings Report
Key Takeaways
Analog Devices reported record second quarter fiscal 2022 results with revenue of $2.97 billion, driven by double digit year-over-year growth across all end markets and double digit sequential growth across all B2B end markets.
Revenue of $2.97 billion with double digit year-over-year growth across all end markets
Double digit sequential growth across all B2B end markets
Increased share repurchases to $776 million and paid $398 million in dividends, returning a total $1.17 billion to shareholders
Operating cash flow of $3.65 billion and free cash flow of $3.20 billion, or 33% of revenue, on a trailing twelve-month basis
Analog Devices
Analog Devices
Analog Devices Revenue by Segment
Forward Guidance
For the third quarter of fiscal 2022, we are forecasting revenue of $3.05 billion, +/- $100 million. At the midpoint of this revenue outlook, we expect reported operating margin of approximately 32.2%, +/-130 bps, and adjusted operating margin of approximately 49.5%, +/-70 bps. We are planning for reported EPS to be $1.55, +/-$0.10, and adjusted EPS to be $2.42, +/-$0.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income