Analog Devices Inc. $(ADI)$ reported its fiscal second quarter 2025 financial results, revealing a revenue of $2.64 billion, marking a double-digit year-over-year growth across all end markets. The company also achieved an operating cash flow of $3.9 billion and a free cash flow of $3.3 billion on a trailing twelve-month basis, translating to 39% and 34% of revenue, respectively. During this quarter, ADI returned $0.7 billion to shareholders through dividends and repurchases. In terms of upcoming projections, ADI provided a third quarter fiscal 2025 outlook, expecting revenue to be approximately $2.7 billion, with a margin of error of +/- $100 million. The company anticipates a reported operating margin of around 27.2%, with a variation of +/-150 basis points, and an adjusted operating margin of about 41.5%, with a variation of +/-100 basis points. Reported earnings per share for the next quarter are forecasted to be $1.23, with a possible deviation of +/-$0.10, while adjusted EPS is projected to be $1.92, with a similar potential variation.
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