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General

Analog Devices quarterly revenue tops guidance on strong mobile market

Wednesday 20 February 2019 | 16:28 CET | News
Analog Devices reported results for its fiscal first quarter to January at the high end of its guidance, driven by strength in the communications market on 4G upgrades and 5G roll-outs, the company said. Revenues were still down 2 percent from a year earlier to USD 1.54 billion, while EPS rose 22 percent to USD 0.95, helped by its ongoing share buyback. 

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Categories: General
Companies: Analog Devices
Countries: World
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