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Analog Devices Sees Q4 Adj. EPS $1.53-$1.73 vs $1.62 Est., Revenue $2.3B-$2.5B vs $2.38B Est.

Author: Benzinga Newsdesk | August 21, 2024 07:05am

For the fourth quarter of fiscal 2024, we are forecasting revenue of $2.40 billion, +/- $100 million. At the midpoint of this revenue outlook, we expect reported operating margin of approximately 22.3%, +/-180 bps, and adjusted operating margin of approximately 41.0%, +/-100 bps. We are planning for reported EPS to be $0.85, +/-$0.10, and adjusted EPS to be $1.63, +/-$0.10.  

Posted In: ADI


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