Analog Devices, Inc. announced on February 19, 2025, its financial results for the fiscal first quarter 2025, which ended February 1, 2025. The company reported revenue of $2.423 billion, a 4% decrease year-over-year, but surpassed the midpoint of its outlook and analyst consensus of $2.36 billion. Adjusted diluted earnings per share (EPS) reached $1.63, exceeding the consensus estimate of $1.54, despite a 6% year-over-year decline.
CEO Vincent Roche noted that the company's recovery is being propelled by improving cyclical dynamics and numerous new design wins converting to revenue, despite a challenging macro and geopolitical backdrop. Bookings continued to show gradual improvement during the quarter, with particular strength observed in the Industrial and Automotive segments.
For the second quarter of fiscal 2025, Analog Devices provided guidance for revenue of $2.50 billion, plus or minus $100 million, and adjusted EPS of $1.68, plus or minus $0.10. CFO Richard Puccio expressed confidence that fiscal 2025 represents a return to growth for ADI, with expectations for sequential and year-over-year growth in the second fiscal quarter. The company also declared a quarterly cash dividend of $0.99 per share.
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