— Analog Devices Inc. (NASDAQ: ADI) reported adjusted earnings of $1.03 per share for the first quarter of 2020, compared to $1.33 per share last year, vs. $1.00 per share expected.
— Net income was $203.87 million or $0.55 per share, compared to $355 million or $0.95 per share in the first quarter of 2019
— Revenues decreased to $1.30 billion in the January-quarter from $1.54 billion in the prior-year period, vs. $1.3 billion expected
— Returned around $300 million to shareholders during the quarter, through dividends and share repurchases
— Increased quarterly dividend by 15%, which is at the high-end of the company’s target range of 7-15%
— Expects revenues to be around $1.35 billion in the second quarter of fiscal 2020, which is slightly lower than the prior estimate
— Second-quarter operating margins, on an unadjusted basis, are expected to be 26.0% +/-150 bps
— Looking for unadjusted earnings per share of $0.73 +/-$0.08, and adjusted earnings per share of $1.10 +/-$0.08, for the second quarter
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
What to expect when J.M. Smucker (SJM) reports Q2 2025 earnings results
Shares of The J.M. Smucker Co. (NYSE: SJM) stayed red on Friday. The stock has dropped 6% over the past three months. The branded foods company is slated to report
Earnings Summary: Highlights of BJ’s Wholesale Club’s Q3 2024 results
Department store chain BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) has reported financial results for the third quarter of 2024, reporting a 3% increase in net sales. Adjusted earnings, on a
