Edition:
United States

Analog Devices Q1 Non-GAAP EPS $1.42


Wednesday, 28 Feb 2018 08:00am EST 

Feb 28 (Reuters) - Analog Devices Inc ::ANALOG DEVICES REPORTS YEAR-OVER-YEAR REVENUE GROWTH AT THE HIGH-END OF GUIDANCE, STRONG PROFIT CONVERSION, AND SUBSTANTIAL DEBT REDUCTION IN FIRST QUARTER 2018 EARNINGS.Q1 NON-GAAP EARNINGS PER SHARE $1.42.Q1 GAAP EARNINGS PER SHARE $0.71.Q1 REVENUE $1.52 BILLION.SEES Q2 2018 REVENUE $1.43 BILLION TO $1.51 BILLION.SEES Q2 NON-GAAP EARNINGS PER SHARE $1.30 TO $1.44.SEES Q2 2018 GAAP EARNINGS PER SHARE BETWEEN $0.87 TO $1.01‍​.Q2 EARNINGS PER SHARE VIEW $1.24, REVENUE VIEW $1.44 BILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $1.29, REVENUE VIEW $1.49 BILLION -- THOMSON REUTERS I/B/E/S.ANALOG DEVICES - IN Q1 2018, IN RELATION TO PROVISIONAL IMPACT OF TAX REFORM, CO RECORDED PROVISIONAL DISCRETE TAX CHARGE OF $687 MILLION.IN Q1 OF FISCAL 2018 RECORDED A PROVISIONAL DISCRETE TAX BENEFIT OF $640 MILLION FROM REMEASURING CO'S U.S. TAX LIABILITIES.ANALOG DEVICES - $687 MILLION DISCRETE TAX CHARGE IN Q1 2018 RELATED TO MANDATORY DEEMED REPATRIATION TAX ON FOREIGN EARNINGS.