$ADI (+2.04%)
| Analog Devices Q4 Earnings Highlights:
๐น Adj. EPS: $1.67 (Est. $1.64) ๐ข; DOWN -17% YoY
๐น Revenue: $2.44B (Est. $2.40B) ๐ข; DOWN -10% YoY
๐น Gross Margin: 67.9%; DOWN -230 bps YoY
๐น Operating Margin: 41.1%; DOWN -360 bps YoY
๐น Free Cash Flow: $885M; 36% of revenue
Q1 FY25 Guidance:
๐น Revenue: $2.25B-$2.45B (Est. $2.34B) ๐ก
๐น Adj. EPS: $1.43-$1.63 (Est. $1.56) ๐ก
๐น Adj. Operating Margin: ~40%
Shareholder Returns:
๐น Q4 Dividends Paid: $457M
๐น Q4 Share Repurchases: $95M
๐น Quarterly Dividend: $0.92/share; payable December 20, 2024
CEO Vincent Roche's Commentary:
๐ธ "Revenue, profitability, and earnings exceeded guidance midpoints, despite fiscal 2024 challenges. Strategic investments and resilient operations position us for growth in 2025."
CFO Richard Puccio's Insight:
๐ธ "Improved bookings in Q4, led by the Automotive segment, signal cautious optimism for fiscal 2025 amid macro uncertainties."