Analog Devices stock falls after earnings slip [MarketWatch]
Analog Devices, Inc. (ADI)
Last analog devices, inc. earnings: 2/19 08:00 am
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Source: MarketWatch
Analog Devices stock falls after earnings slip Analog Devices Inc. shares ADI, -2.61% are down 3.5% in premarket trading Tuesday after the company saw earnings and revenue slip in its October quarter. The company reported fiscal fourth-quarter net income of $266.7 million, or 74 cents a share, down from $404.9 million, or $1.08 a share, in the year-earlier period. Adjusted earnings per share fell to $1.19 from $1.48. Analog Devices posted revenue of $1.44 billion, down from $1.54 billion a year earlier. Analysts surveyed by FactSet were expecting $1.45 billion. For the fiscal first quarter, Analog Devices expects revenue of $1.25 billion to $1.35 billion and adjusted earnings per share of 93 cents to $1.07. The stock has gained 32% so far this year, as the S&P 500 SPX, +0.00% has risen 25%.
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ADI
Earnings
- 8/21/24 - Beat
ADI
Sec Filings
- 11/20/24 - Form 8-K
- 11/12/24 - Form 3
- 11/5/24 - Form 4
- ADI's page on the SEC website