Summary by Moomoo AI
Analog Devices reported Q4 FY2024 revenue of $2.44B, down 10% YoY but above guidance midpoint. FY2024 revenue was $9.43B, down 23% YoY. Q4 adjusted EPS was $1.67, beating estimates. The company maintained a 41% adjusted operating margin despite market headwinds.ADI saw sequential growth across all end markets in Q4, with orders picking up steadily, particularly in Automotive. While macro uncertainty persists, management is cautiously optimistic for strong growth in FY2025. The company returned over $2.4B to shareholders in FY2024 through dividends and share repurchases.For Q1 FY2025, ADI projects revenue of $2.35B ±$100M, with adjusted EPS of $1.53 ±$0.10. The company declared a quarterly dividend of $0.92 per share, payable on December 20, 2024.
