Analog Devices, Inc.: Will Its Expansion in Communications & Data Centers Be A Breakthrough Move?

Analog Devices, Inc. (ADI) recently reported its fourth-quarter and full-year fiscal year 2024 earnings. The company’s fourth-quarter results showed a steady recovery from the challenging environment faced earlier in the year due to post-pandemic inventory digestion and macroeconomic challenges. Revenue for the full fiscal year was $9.4 billion, with an earnings per share (EPS) of $6.38. Despite these hurdles, ADI managed to achieve a 41% operating margin and a free cash flow margin of 33%.