Analog Device CFOs see periodic rise and see “continuous growth”

Analog Devices, Inc (Nasdaq:Addi) Stocks traded higher in pre-market session on Thursday after the company reported Fiscal 2Q results.

The company’s quarterly revenue rose 22% year-on-year to $2.64 billion, breaking an analyst consensus estimate of $2.51 billion. Adjusted EPS beats of $1.85 Analyst Consensus Estimates $1.70.

Analog Devices Industrial revenues rose 16.8% y/y to $1.16 billion. Auto revenue rose to 24.2% Y/y to $849.51 million.

Read again: China attacks US-made chips with tariffs, but outsources them to Taiwan’s semiconductor exemption

Consumer revenue rose 29.7% to $317.76 million, while telecommunications revenue rose 32.1% to $3150.06 million.

The adjusted total margin improved to 270 bps to 69.4%. The adjusted operating margin rose to 220 bps to 41.2%.

As of May 3, 2025, Analog Devices held $2.38 billion in cash equivalents, generating $819.5 million in operating cash flow.

The Analog Devices Committee has declared a quarterly cash dividend of $0.99 per outstanding shares of common stock. Dividends will be paid to all shareholders in the record at the end of business on June 18, 2025 on June 4, 2025.

CEO and chair Vincent Roche Against the backdrop of global trade volatility, the company said its performance reflects the ongoing circular recovery and the strength and resilience of its business model.

CFO Richard Puccio He said second quarter bookings accelerated in all final markets and regions, leading to continued backlog growth. The improved demand signal seen throughout the second quarter supports the outlook for continuous growth in the third quarter, reinforcing the view that it is on a cyclical rise.

Analog devices are expected to exceed $2.85 billion from revenues of $2.65 billion in 2025 in the third quarter. Analyst Consensus Estimates $2.62 billion. The company adjusted the EPS between $1.82 and $2.02 against $1.83 against the analyst consensus estimate.

Price Action: ADI shares are trading the $229.22 Prema Market, up 3.15% at check Thursday.

Read next:

Images via ShutterStock

Unlock: 5 new deals every week. Click now to get top trade ideas dailyand unlimited access to cutting-edge tools and strategies to gain a market advantage.

Get the latest inventory analysis from Benzinga?

This article Analog Device CFOs see periodic rise and see “continuous growth” It originally appeared Benzinga.com

©2025 Benzinga.com. Benzinga does not provide investment advice. Unauthorized reproduction is prohibited.