Analog Devices reports Q4 EPS $1.19, consensus $1.22
Reports Q4 revenue $1.44B, consensus $1.45B. "ADI delivered solid fourth quarter and full-year results amidst continued trade and macro uncertainty," said Vincent Roche, President and CEO. "Over the course of the year, we generated revenue of $6B and effectively managed costs, while continuing to prioritize strategic investments to drive innovation. Our strong margins and cash flow reflect the resiliency of our business model, which enabled us to return nearly $1.4B to shareholders, or over 120% of free cash flow after debt payments. Looking ahead, the underlying fundamentals and long-term outlook for ADI are strong. Our diverse product portfolio of cutting-edge technologies is well positioned to solve customers' challenges and aligned with attractive secular trends that will shape the industry's future. As such, I believe we are in a superior competitive position as demand returns to deliver our next chapter of growth."