Analog Devices, Inc. reported strong second-quarter earnings, surpassing analyst estimates on both revenue and adjusted earnings per share (EPS). The chipmaker posted revenue of $2.64 billion, exceeding the estimated $2.51 billion, representing a 22% year-over-year increase with double-digit growth across all end markets. Adjusted EPS came in at $1.85, above the expected $1.70, while GAAP EPS was $1.14. The company also reported robust operating cash flow of $3.9 billion and free cash flow of $3.3 billion over the trailing twelve months, accounting for 39% and 34% of revenue, respectively. For the third quarter, Analog Devices projects revenue between $2.65 billion and $2.85 billion, above the consensus estimate of $2.62 billion, and adjusted EPS in the range of $1.82 to $2.02, higher than the anticipated $1.84. The company highlighted accelerated bookings across all end markets and regions. Following the earnings release, Analog Devices' stock price rose.