Analog Devices, Inc. (ADI) Q3 2023 Earnings Call Transcript

Analog Devices, Inc. (NASDAQ:ADI) Q3 2023 Earnings Conference Call August 23, 2023 10:00 AM ET

Company Participants

Michael Lucarelli – VP, IR and FP&A

Prashanth Mahendra-Rajah – CFO

Vincent Roche – CEO & Chair of the Board of Director

Conference Call Participants

Tore Svanberg – Stifel

Vivek Arya – Bank of America Securities

Ambrish Srivastava – BMO

Stacy Rasgon – Bernstein

Chris Danely – Citi

Harlan Sur – JPMorgan

Toshiya Hari – Goldman Sachs

Josh Buchalter – TD Cowen


Good morning, and welcome to the Analog Devices Third Quarter Fiscal Year 2023 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. Michael Lucarelli, Vice President of Investor Relations and FP&A. Sir, the floor is yours.

Michael Lucarelli

Thank you, Michelle, and good morning, everybody. Thanks for joining our third quarter fiscal ’23 conference call. With me on the call today are ADI’s CEO and Chair, Vincent Roche; and ADI’s CFO, Prashanth Mahendra-Rajah. For anyone who missed the release, you can find it and relating financial schedules at on to the disclosures.

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 other 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 at the date of this call. We undertake no obligation to update these statements except as required by law. Our comments today will also include non-GAAP financial measures, which exclude special items. We are 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

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