Loading...
•
Aug 03, 2024
Analog Devices Q3 2024 Earnings Report
Revenue finished above the guided midpoint, with stronger profitability driving earnings per share near the high end of the outlook.
Key Takeaways
Analog Devices reported Q3 2024 financial results with revenue of $2.31 billion, above the midpoint of the outlook. Stronger profitability drove earnings per share near the high end of the outlook. The company returned $574 million to shareholders through dividends and repurchases.
Revenue of $2.31 billion, above the midpoint of the outlook.
Sequential growth in Industrial, Consumer, and Communications.
Operating cash flow of $4.0 billion and free cash flow of $2.9 billion on a trailing twelve-month basis.
Returned $574 million to shareholders through dividends and repurchases in the third quarter.
Revenue by Segment
Forward Guidance
For the fourth quarter of fiscal 2024, the company is forecasting revenue of $2.40 billion, +/- $100 million. The company expects reported EPS to be $0.85, +/-$0.10, and adjusted EPS to be $1.63, +/-$0.10.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...