The Wilmington, Massachusetts-based company said it expects fourth-quarter revenue of about $3.0 billion, plus or minus $100 million, compared with analysts’ consensus estimate of $2.82 billion, according to LSEG data. Adjusted earnings per share are forecast at $2.22, plus or minus 10 cents, also topping the $2.03 analysts had predicted.
The upbeat guidance lifted ADI’s shares roughly 4% in premarket trading on Wednesday.
Chief Executive Vincent Roche said strong momentum in industrial markets continued to fuel growth in the company’s backlog and bookings.
“We closed the third quarter with continued backlog growth and healthy bookings trends, notably in the Industrial end market,” Roche said.
The industrial segment, which contributes nearly half of Analog Devices’ total revenue, saw sales rise 23% to $1.29 billion in the third quarter. The unit supplies advanced semiconductors used in automation, sensing, and control systems across sectors such as manufacturing and energy.
The company also reported gains in its automotive segment, where sales climbed 22% to $850.6 million, reflecting growing semiconductor demand for electric vehicles, driver-assistance systems, and other auto technologies.
Overall, Analog Devices posted third-quarter revenue of $2.88 billion, surpassing expectations of $2.77 billion.
The results highlight the company’s resilience as manufacturers adjust supply chains and pull forward shipments in response to evolving U.S. tariff policies. With industrial and automotive end markets showing strong growth, ADI appears positioned to sustain momentum heading into the close of its fiscal year.