Analog Devices reported Q3 FY2024 revenue of $2.31 billion, above the midpoint of guidance, with sequential growth in Industrial, Consumer, and Communications segments. Earnings per share of $1.58 came in near the high end of outlook. Operating cash flow reached $4.0 billion on a trailing twelve-month basis.The company returned $574 million to shareholders through dividends and share repurchases in Q3. CEO Vincent Roche noted improved customer inventory levels and order momentum across most markets, signaling confidence that the trough of the business cycle has passed. However, economic and geopolitical uncertainties continue to limit the pace of recovery.For Q4 FY2024, Analog Devices forecasts revenue of $2.40 billion ±$100 million, with adjusted operating margin of approximately 41.0% ±100 bps and adjusted EPS of $1.63 ±$0.10. The company declared a quarterly cash dividend of $0.92 per share, payable on September 17, 2024.

Analog Devices reported Q3 FY2024 revenue of $2.31 billion, above the midpoint of guidance, with sequential growth in Industrial, Consumer, and Communications segments. Earnings per share of $1.58 came in near the high end of outlook. Operating cash flow reached $4.0 billion on a trailing twelve-month basis.The company returned $574 million to shareholders through dividends and share repurchases in Q3. CEO Vincent Roche noted improved customer inventory levels and order momentum across most markets, signaling confidence that the trough of the business cycle has passed. However, economic and geopolitical uncertainties continue to limit the pace of recovery.For Q4 FY2024, Analog Devices forecasts revenue of $2.40 billion ±$100 million, with adjusted operating margin of approximately 41.0% ±100 bps and adjusted EPS of $1.63 ±$0.10. The company declared a quarterly cash dividend of $0.92 per share, payable on September 17, 2024.