Analog Devices announced its FY17 Q1 results with net revenues of $984 mn and GAAP operating margin of 27%. The company’s strategy to focus on sustainable and differentiated innovation helped quarterly revenues to increase by 28% on y-o-y basis, and its focus on operational execution resulted in expansion of its operating margin.
The company also issued a guidance of FY17 Q2 revenues in range of $870 – $950 mn.
