Analog Devices Non-GAAP EPS of $2.75 beats by $0.15, revenue of $3.25B beats by $100M, introduces Q2 outlook
Analog Devices press release  (NASDAQ:ADI): Q1  Non-GAAP EPS of $2.75  beats by $0.15.
Revenue of $3.25B (+21.0% Y/Y)  beats by $100M.

Outlook for the Second Quarter of Fiscal Year 2023:
For the second quarter of fiscal 2023, we are forecasting revenue of $3.20 billion, +/- $100 millionÂ vs consensus of $3.04B. At the midpoint of this revenue outlook, we expect reported operating margin of approximately 34.7%, +/-130 bps, and adjusted operating margin of approximately 51.0%, +/-70 bps. We are planning for reported EPS to be $1.85, +/-$0.10, and adjusted EPS to be $2.75, +/-$0.10Â vs consensus of $2.42.