Analog Devices, Inc. reported earnings results for the fourth quarter and full year ended October 28, 2023. For the fourth quarter, the company reported sales was USD 2,716.48 million compared to USD 3,247.72 million a year ago. Net income was USD 498.43 million compared to USD 936.23 million a year ago. Basic earnings per share from continuing operations was USD 1 compared to USD 1.83 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 1.82 a year ago.
For the full year, sales was USD 12,305.54 million compared to USD 12,013.95 million a year ago. Net income was USD 3,314.58 million compared to USD 2,748.56 million a year ago. Basic earnings per share from continuing operations was USD 6.6 compared to USD 5.29 a year ago. Diluted earnings per share from continuing operations was USD 6.55 compared to USD 5.25 a year ago.