Analog Devices, Inc. (ADI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

good morning and welcome to the analog devices third quarter fiscal year 2025 earnings conference call which is being audio webcast via telephone and over the web i'd like to now introduce your host for today's call mr richard puccio executive vice president and chief financial officer sir the floor is yours thank you josh and good morning everybody thanks for joining our third quarter fiscal 25 conference call Joining me today on the call is ADI's CEO and Chair, Vincent Roche. For anyone who missed the release, you can find it and related financial schedules at investor.analog.com. The information we're about to discuss includes forward-looking statements, which are subject to certain risks and uncertainties as further described in our earnings release and our periodic reports and other materials filed with the SEC. Actual results could differ materially from the forward-looking information as these statements reflect our expectations only as of the date of this call. We undertake no obligation to update these statements except as required by law. References to gross margin, operating and non-operating expenses, operating margin, tax rate, EPS, and free cash flow in our comments today will be on a non-GAAP basis, which excludes special items. When comparing our results to our historical performance, special items are also excluded from prior periods. Reconciliations of these non-GAAP measures to their most directly comparable GAAP measures and additional information about our non-GAAP measures are included in today's earnings release. References to EPS are on a fully diluted basis. Okay, with that, I'll turn it over to ADI's CEO and Chair, Vincent Roche. Thank you, Rich, and a very good morning to you all. Well, our third quarter revenue and earnings exceeded our ex...