Analog Devices Stock News

Shares in Analog Devices Inc (NASDAQ:ADI) jumped 6% pre-market on Tuesday as the chipmaker reported earnings that were higher than expected, thanks to a rebound in orders. A brief decline in bookings during its fiscal third quarter, was followed by orders picking up throughout the fourth quarter, particularly from customers in automotive markets, the company said.

Chipmaker Analog Devices topped analysts' estimates for fourth-quarter revenue and profit on Tuesday, helped by strong demand for its semiconductors used in consumer electronics and a recovery in orders from the auto industry.

The chip maker remains ‘cautiously optimistic' for strong growth in fiscal 2025.

Fourth quarter revenue of more than $2.4 billion, above the midpoint of guidance with sequential growth across all end markets Fiscal 2024 revenue of more than $9.4 billion Fiscal 2024 operating cash flow of $3.9 billion and free cash flow of $3.1 billion Returned more than $2.4 billion to shareholders in fiscal 2024, including $0.6 billion of share repurchases and $1.8 billion of dividends WIL...

Ein besser als befürchtetes drittes Quartal von Analog Devices US0326541051 hat am Dienstag Chipwerte auch in Europa zum Teil beflügelt.

WILMINGTON, Mass. , Nov. 22, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company's Executive Vice President & Chief Financial Officer, Richard Puccio, will discuss business topics and trends at the UBS Global Technology Conference, taking place at the Phoenician Hotel, located in Scottsdale, Arizona on Tuesday, December 3, 2024, at 10:15 a.m.

WILMINGTON, Mass. , Oct. 23, 2024 /PRNewswire/ -- Analog Devices, Inc.  (Nasdaq:  ADI ) today announced it will release financial results for the fourth quarter fiscal year 2024 at 7:00 a.m.

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