Analog Devices (ADI) reported earnings on Wed 30 May 2018 (b/o)

** charts after earnings **

Analog Devices beats by $0.08, beats on revs; guides Q3 EPS in-line, revs in-line 

• Reports Q2 (Apr) earnings of $1.45 per share, excluding non-recurring items, $0.08 better than the Capital IQ Consensus of $1.37; revenues rose 31.8% year/year to $1.51 bln vs the $1.47 bln Capital IQ Consensus.
• Co issues in-line guidancefor Q3, sees EPS of $1.38-1.52, excluding non-recurring items, vs. $1.40 Capital IQ Consensus Estimate; sees Q3 revs of $1.47-1.55 bln vs. $1.49 bln Capital IQ Consensus Estimate. 
• "Revenue from our B2B markets increased double digits year-over-year led by our industrial and communications sectors." "Looking ahead to the third quarter of fiscal 2018, we see continued strength and are expecting revenue to be in the range of $1.47 billion to $1.55 billion, and for our B2B markets to deliver double-digit year-over-year growth once again."