Analog devices reports fiscal first quarter 2024 financial results

Wilmington, mass.--(business wire)--analog devices, inc. (nasdaq: adi), a global semiconductor leader, today announced financial results for its 14-week fiscal first quarter 2024, which ended february 3, 2024. “adi delivered first quarter revenue and profitability above the midpoint of our outlook, despite the continued difficult macroeconomic environment,” said vincent roche, ceo and chair. “consistent with our prior view, we expect customer inventory rationalization to largely subside in our.
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