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General

Analog Devices reaches original guidance for Q2, sees flat to lower performance for Q3

Wednesday 20 May 2020 | 16:35 CET | News
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Analog Devices reported lower results for its second quarte to 2 May, pulled down by weaker global business activity, though revenues lifted sequentially. CEO Vincent Roche said the company's diversification across customers, applications and markets helped it mitigate the global downturn and deliver results in line with its original guidance range, with a lower but solid free cash flow. Analog Devices withdrew its guidance in March, as the coronavirus outbreak took on speed. 

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Categories: General
Companies: Analog Devices
Countries: World
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