Analog Devices announced financial results for its fourth quarter and fiscal year 2016, which ended October 29, 2016.
Results for the Fourth Quarter of Fiscal Year 2016
- Revenue totaled $1.0 billion, up 15% sequentially, and up 3% year-over-year
- Revenue in ADI’s B2B markets of industrial, automotive, and communications infrastructure totaled $710 million, up 4% sequentially, and up 7% year-over-year
- GAAP gross margin of 66.4% of revenue; Non-GAAP gross margin of 66.6% of revenue
- GAAP operating margin of 35.6% of revenue; Non-GAAP operating margin of 38.1% of revenue
- GAAP diluted EPS of $0.95; Non-GAAP diluted EPS of $1.05
- Operating Cash Flow of $487 million, or 48.5% of revenue; Free Cash Flow of $446 million, or 44.4% of revenue
Results for Fiscal Year 2016
- Revenue totaled $3.4 billion, stable year-over-year
- GAAP gross margin of 65.1% of revenue; Non-GAAP gross margin of 65.3% of revenue
- GAAP operating margin of 30.0% of revenue; Non-GAAP operating margin of 33.1% of revenue
- GAAP diluted EPS of $2.76 per share; Non-GAAP diluted EPS of $3.07 per share
- Operating Cash Flow of $1.3 billion, or 37.4% of revenue; Free Cash Flow of $1.2 billion, or 33.7% of revenue
- Share repurchases and dividend payments to shareholders totaled $883 million
The company forecasted a revenue of $870 million in 1Q FY17
More details: https://goo.gl/At1I6i
(http://insemicon.com/)
Analog Devices Reports 4QFY16 Results