Analog Devices Reports $391.3 Million Quarterly Profit
The company records $2.4 billion revenue for Q1 ended Feb 1, 2025
ANALOG DEVICES INC [ADI] reported $391.3 million profit for Q1 ended Feb 1, 2025, showing a decrease of $71.4 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 19, 2025 that it generated revenue of $2.4 billion for the period, showing a decrease of $89.5 million in the same quarter of the previous year.
Based in Wilmington, Massachusetts, the company reported $0.8 earnings per share for the period, compared to $0.9 in the last quarter.
The company's profit decreased by 15.43% from $462.7 million in the last quarter.
The revenue of Analog Devices, Inc. with 24 thousand employees on the rolls showed 4.02% a decrease from $2.5 billion in the last quarter.
The revenue decreased 4.02% from $2.5 billion in the same quarter of the previous year.
