Categories AlphaGraphs, Earnings, Technology
ADI Earnings: Analog Devices reports lower Q4 revenue and profit
Technology company Analog Devices, Inc. (NASDAQ: ADI) has reported a decrease in revenues and adjusted profit for the fourth quarter of 2024.
Fourth-quarter earnings, excluding special items, declined 17% year-over-year to $1.67 per share from $2.01 per share last year. On a reported basis, net income was $478.1 million or $0.96 per share in the October quarter, compared to $498.4 million or $1.00 per share in Q4 2023.
The bottom line was negatively impacted by a 10% fall in revenues to $2.44 billion in the fourth quarter from $2.72 billion in the prior year period.
“While macro uncertainty continues to limit the pace of our recovery, we remain cautiously optimistic for a strong growth year in fiscal 2025,” said the company’s CFO Richard Puccio.
Prior Performance
Most Popular
Key highlights from CarMax’s (KMX) Q4 2025 earnings results
CarMax, Inc. (NYSE: KMX) reported its fourth quarter 2025 earnings results today. Net revenues of $6 billion were up 6.7% from the same period a year ago. Net earnings increased
American Express (AXP) likely to report higher Q1 revenue and profit
American Express Company (NYSE: AXP) has continued its profitable growth trajectory amid stable demand for its services and strong consumer engagement. That is despite a slowdown in spending among small
DAL Earnings: All you need to know about Delta Air Lines’ Q1 2025 earnings results
Delta Air Lines (NYSE: DAL) reported its first quarter 2025 earnings results today. Operating revenue increased 2% year-over-year to $14 billion. Net income was $240 million, or $0.37 per share,
