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
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,
Deals and R&D in focus as Johnson & Johnson gears up for Q1 earnings
For Johnson & Johnson (NYSE: JNJ), investments in its pipeline and exiting lower priority businesses remain central to its strategy in the new fiscal year. The healthcare behemoth is in
Earnings preview: What to expect when these major banks report Q1 2025 results
The leading players in the banking industry are set to report their earnings results for the first quarter of 2025 over this week and the next. While majors JPMorgan Chase
