<p>➀ Analog Devices reported revenue of $1.7225 billion for the fourth quarter of 2024, a 14.6% decrease from the same period last year;</p><p>➁ The revenue decline can be attributed to sustained market downturn and decreased demand in major business segments;</p><p>➂ For the full year of 2024, Analog Devices' revenue decreased to $7.0823 billion, a 14.2% decrease from 2023;</p><p>➃ CEO Hassane El-Khoury stated that the company is well-prepared to 'cope with long-term fluctuations' and will streamline operations in 2025.</p>
Related Articles
- Medical Properties Trust: A Bull Trap4 months ago
- Playground Games founder claims Forza has made more money than GT, NFS and F1 combined4 months ago
- Billionaire Investors Warn S&P 500 May Revisit April Lows: We Agree5 months ago
- Intel Q1 revenues flat y-o-y; lacklustre Q2 forecast6 months ago
- TSMC Q1 profit up 60% YoY and revenue up 42%6 months ago
- Poor Old Intel6 months ago
- TSMC Q1 up 41.6% y-o-y6 months ago
- Marvell selling Automotive Ethernet unit to Infineon for $2.5bn6 months ago
- February 2025 Review – Semiconductor Foundries and OSATs7 months ago
- Q4 good for advanced foundry nodes; bad for mature nodes7 months ago