Similar companies
| Company | Revenue | |
|---|---|---|
 |
Marvell TechnologyMRVL |
1.27B 14.5% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 2.31B | 11.1% |
| Gross Profit | 1.31B | 11.1% |
| Cost of Revenue | 1.27B | 3.4% |
| Operating expense | 820M | 3.3% |
| Net Income | 392M | 29.8% |
| EBITDA | 929M | 10.5% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 48.6B | 0.5% |
| Total Liabilities | 13.4B | 1.4% |
| Total Equity | 35.2B | 0.2% |
| Shares Outstanding | 496M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 855M | 5.8% |
| Cash from investing | -172M | 71.4% |
| Cash from financing | -517M | 220% |
EPS
Financial Highlights for Analog Devices in Q3 '24
Analog Devices reported a revenue of 2.31B, which is a 11.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.31B, marking a 11.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.27B, a 3.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 820M, showing a 3.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 392M, showing a 29.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 929M, showing a 10.5% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Analog Devices with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
