Analog Devices beats by $0.09, beats on revs; guides Q1 EPS above consensus, revs in-line
- Reports Q4 (Oct) earnings of $1.45 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus of $1.36; revenues rose 53.4% year/year to $1.54 bln vs the $1.5 bln Capital IQ Consensus.
- Non-GAAP gross margin of 70.9% of revenue; Non-GAAP operating margin of 42.6% of revenue.
- Co issues guidance for Q1, sees EPS of $1.20-1.36, excluding non-recurring items, vs. $1.18 Capital IQ Consensus Estimate; sees Q1 revs of $1.44-1.54 bln vs. $1.46 bln Capital IQ Consensus Estimate.
- Non-GAAP Gross Margin of approx 70.5-71.0%; Non-GAAP Operating Margin of approx 40-42%.