Company Report

Analog Devices’ Operating cash flow increases by 33% year-to-year in Q1 2021

Analog Devices, Inc. (Nasdaq:ADI), a leading global high-performance semiconductor company, today announced financial results for its first quarter of fiscal 2021, which ended January 30, 2021.

Analog Devices’ Revenue of $1.56 billion with double-digit year-over-year growth across all B2B markets.

Operating cash flow of $2.1 billion and free cash flow of $1.9 billion, or 33% of revenue, on a trailing twelve months basis.

Analog Devices’ Free cash flow is defined as net cash provided by operating activities, determined in accordance with GAAP, fewer additions to property, plant, and equipment, net. Free cash flow margin percentage represents free cash flow divided by revenue.

Source: investor.analog.com

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