➀ Analog Devices reported revenue of $1.7225 billion for the fourth quarter of 2024, a 14.6% decrease from the same period last year;

➁ The revenue decline can be attributed to sustained market downturn and decreased demand in major business segments;

➂ For the full year of 2024, Analog Devices' revenue decreased to $7.0823 billion, a 14.2% decrease from 2023;

➃ CEO Hassane El-Khoury stated that the company is well-prepared to 'cope with long-term fluctuations' and will streamline operations in 2025.