secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0000006281-24-000158
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADI Q3 revenue $2.31B above midpoint, EPS $0.79; expects sequential Q4 growth
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- Revenue $2.31B, down 25% YoY, but above guided midpoint with sequential growth in Industrial, Consumer, Communications.
- GAAP diluted EPS $0.79 (down 55% YoY); adjusted EPS $1.58 (down 37% YoY).
- Operating cash flow $855M in Q3, $4.0B TTM; free cash flow $701M in Q3, $2.9B TTM.
- Returned $574M to shareholders: $456M dividends, $118M share repurchases in Q3.
- CEO cites improved customer inventory and order momentum, expects Q4 sequential revenue growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000000628124000158/0000006281-24-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000000628124000158/adi-20240821.htm
  HTML page:      https://secwatch.observer/filing/0000006281-24-000158

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer