The company said fiscal Q3 revenue, for the three months ended August 3, 2024, was $2,312 million, down 25% from $3,076 million a year earlier, and adjusted diluted EPS was $1.58, down 37% from $2.49.

1. 01

   The company said fiscal Q3 revenue, for the three months ended August 3, 2024, was $2,312 million, down 25% from $3,076 million a year earlier, and adjusted diluted EPS was $1.58, down 37% from $2.49.

2. 02

   ADI said its gross margin percentage for Q3 was 56.7% (63.8% a year earlier) and its operating margin was 21.2% (30.2% a year earlier). By end market, Industrial revenue was $1,058,704 thousand, down 37%, while Consumer revenue rose 3%.

3. 03

   The company reported net cash provided by operating activities of $855 million and free cash flow of $701 million for Q3. For the trailing twelve months of 12, it generated $3,989 million in operating cash flow and $2,948 million in free cash flow. It returned a total of $574 million to shareholders through dividends and share repurchases in Q3.

4. 04

   The company said it expects fiscal 2024 Q4 revenue of $2.40 billion (±$100 million). At the midpoint, it expects reported EPS of $0.85 (±$0.10) and adjusted EPS of $1.63 (±$0.10). It declared a quarterly cash dividend of $0.92 per share.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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