🔹 Revenue: $1.55B (Est. $1.52B) 🟢; DOWN -12% YoY
🔹 Adj EPS: $0.63 (Est. $0.59) 🟢; DOWN -36% YoY
🔹 Adj Gross Margin: 38.0% (Est. 37.5%) 🟢; -750 bps YoY
🔹 Adj Operating Margin: 19.2% (Est. 18.6%) 🟢; -900 bps YoY
Segments
🔹 Analog & Mixed-Signal Rev: $583.3M (Est. $573.2M) 🟢; DOWN -11% YoY
🔹 Power Solutions Rev: $737.6M; DOWN -11% YoY
🔹 Intelligent Sensing Rev: $230.0M (Est. $226.8M) 🟢; DOWN -18% YoY
Expenses
🔹 R&D: $141.9M (Est. $141.5M) 🔴; DOWN -6% YoY
🔹 Adjusted Opex: $291.2M (Est. $287.8M) 🔴; DOWN -4.4% YoY
Guidance (Q4)
🔹 Revenue: $1.48B–$1.58B (Est. $1.53B) 🟡
🔹 Adjusted EPS: $0.57–$0.67 (Est. $0.62) 🟡
🔹 Adjusted Gross Margin: 37%–39% (Est. 37.8%) 🟡
Commentary
🔸 “Seeing continued signs of stabilization across core markets.”