Welcome to our dedicated page for Analog Devices news (Ticker: ADI), a resource for investors and traders seeking the latest updates and insights on Analog Devices stock.
Analog Devices, Inc. (NASDAQ: ADI) is a leading global semiconductor company based in Wilmington, Massachusetts, specializing in data conversion, signal processing, and power management technology. ADI serves tens of thousands of customers worldwide, with a significant portion of its revenue stemming from industrial and automotive markets. Known for its innovative converter chips that translate analog signals to digital and vice versa, ADI's technology is pivotal in various applications, including wireless infrastructure equipment, digitized factories, and digital healthcare.
In fiscal 2023, Analog Devices achieved revenue milestones, recording $12.3 billion, driven by robust performances in its Industrial and Automotive segments. The company generated an operating cash flow of $4.8 billion and a free cash flow of $3.6 billion, enabling it to return more than $4.6 billion to shareholders through share repurchases and dividends.
Despite macroeconomic challenges, ADI continues to thrive, emphasizing innovation and customer engagement. The company recently announced significant technological advancements such as the Sensinel™ Cardiopulmonary Management (CPM) System, a wearable device with FDA 510(k) clearance, and partnerships with giants like Honeywell and BMW for enhanced connectivity solutions. Furthermore, ADI's hybrid manufacturing network, bolstered by strategic collaborations with TSMC and JASM, ensures resilient and scalable production capabilities.
With a product portfolio designed to leverage secular trends and a commitment to strategic investments, ADI remains confident in its ability to drive shareholder value. The company's forward-looking approach and consistent execution excellence position it as a steadfast leader in the semiconductor industry.
Analog Devices (ADI) reported fiscal Q1 2025 financial results with revenue of $2.42 billion, down 4% year-over-year. The company saw sequential growth in Industrial, Automotive, and Communications sectors, with double-digit year-over-year growth in Consumer segment.
Key financial metrics include:
- Operating margin of 20.3%, down from 23.3% year-over-year
- Diluted EPS of $0.78, down 16% from $0.93
- Operating cash flow of $3.8 billion and free cash flow of $3.2 billion on trailing twelve-month basis
The company increased its quarterly dividend by 8% to $0.99 per share and expanded its share repurchase authorization by $10.0 billion, bringing total remaining authorization to approximately $11.5 billion. For Q2 2025, ADI forecasts revenue of $2.50 billion ±$100 million, with expected adjusted EPS of $1.68 ±$0.10.
Analog Devices (ADI) has announced two significant shareholder-focused initiatives: an 8% increase in its quarterly dividend to $0.99 per share and a $10 billion expansion of its share repurchase authorization, bringing the total buyback capacity to $11.5 billion.
This marks ADI's twenty-first consecutive year of dividend increases, with historical dividend payments exceeding $13 billion and share repurchases totaling approximately $16 billion over this period. The company maintains its commitment to returning 100% of free cash flow to shareholders while continuing investments in product development, manufacturing, and customer service.
The increased dividend will be payable on March 17, 2025, to shareholders of record as of March 4, 2025.
Analog Devices (ADI) has scheduled its first quarter fiscal year 2025 financial results announcement for February 19, 2025. The company will release its financial results at 7:00 a.m. Eastern time, followed by a conference call at 10:00 a.m. Eastern time.
The conference call will feature Vincent Roche (CEO and Chair), Richard Puccio (Executive VP and CFO), and Michael Lucarelli (VP of Investor Relations and FP&A), who will discuss the company's results and business outlook. Investors can access the live conference call through ADI's Investor Relations website, with pre-registration required for participation.
Analog Devices (NASDAQ: ADI) has appointed Andrea F. Wainer to its Board of Directors as an independent director. Wainer will also serve on the Board's Nominating and Corporate Governance Committee. She currently serves as Executive Vice President of Rapid and Molecular Diagnostics at Abbott Laboratories, where she leads three businesses focused on molecular diagnostics, rapid point-of-care diagnostics, and hand-held point-of-care devices.
Wainer brings extensive healthcare sector experience from leadership positions at Abbott, Pfizer, and Astellas Pharma. Her previous roles include President of Abbott Molecular Diagnostics, President of Abbott Animal Health, and Divisional Vice President/General Manager of Abbott Renal Care. She holds a Bachelor's Degree in Accounting from Washington University and an MBA from Northwestern University.
Littelfuse (NASDAQ: LFUS) announced a leadership transition as CEO David Heinzmann plans to retire after 40 years with the company. Dr. Greg Henderson, a current board director, will assume the role of President and CEO effective February 10, 2025. Heinzmann will remain on the board through April 2025 and serve as an advisor until August 10, 2025.
Dr. Henderson brings extensive industry experience, most recently leading Analog Devices' Automotive & Energy, Communications, and Aerospace Group. The company has postponed its previously planned February 26, 2025 Investor Day due to this transition.
Analog Devices (ADI) reported Q4 FY2024 revenue of $2.4 billion and full-year revenue of $9.4 billion, marking a 23% year-over-year decline. Despite customer inventory challenges, the company maintained operating margins above 40%. Q4 adjusted EPS was $1.67, down 17% year-over-year. The company generated $3.9 billion in operating cash flow and returned over $2.4 billion to shareholders through dividends and share repurchases in FY2024. For Q1 FY2025, ADI forecasts revenue of $2.35 billion ±$100 million, with adjusted EPS expected at $1.53 ±$0.10. Management noted improved Q4 bookings, particularly in Automotive, expressing cautious optimism for FY2025 growth.
Analog Devices (ADI) has announced its participation in the upcoming UBS Global Technology Conference. Executive Vice President & Chief Financial Officer Richard Puccio will present at the conference, scheduled for December 3, 2024, at 10:15 a.m. MST at the Phoenician Hotel in Scottsdale, Arizona.
The presentation will focus on business topics and trends. Interested parties can access the live webcast through the Investor Relations section of ADI's website at investor.analog.com. A replay of the webcast will be available for at least 30 days following the event.
Analog Devices (ADI) has announced it will release its fourth quarter fiscal year 2024 financial results on Tuesday, November 26, 2024, at 7:00 a.m. Eastern time. The company will host a conference call at 10:00 a.m. Eastern time on the same day, featuring CEO and Chair Vincent Roche, CFO Richard Puccio, and VP of Investor Relations Michael Lucarelli. The call will discuss ADI's results and business outlook, and can be accessed through the company's Investor Relations website.
Analog Devices (Nasdaq: ADI) has launched a suite of developer-centric offerings to accelerate innovations for the Intelligent Edge. The centerpiece is CodeFusion Studio™, a comprehensive embedded software development environment based on Microsoft's Visual Studio code. This is complemented by the new ADI Developer Portal and the ADI Assure™ Trusted Edge Security Architecture.
CodeFusion Studio™ leverages a modern integrated development environment (IDE) and command-line interface, incorporating open-source tools to simplify development on heterogeneous processors. The ADI Developer Portal serves as a resource hub, offering documentation, support, and community engagement. ADI Assure™ provides a universal hardware and software security foundation for Intelligent Edge devices.
These offerings aim to help customers bring products to market more quickly with enhanced security and reliability, potentially leading to better business decisions, improved customer satisfaction, and overall business growth.
Tata Group and Analog Devices, Inc. (Nasdaq: ADI) have announced a strategic alliance to explore cooperative manufacturing opportunities in India's semiconductor ecosystem. The partnership involves Tata Electronics, Tata Motors, and Tejas Networks signing an MoU with ADI to enhance cooperation, explore semiconductor manufacturing in India, and utilize ADI's products in Tata applications like electric vehicles and network infrastructure.
Tata Electronics is investing $11 billion in India's first fab in Dholera, Gujarat, and $3 billion in an OSAT facility in Jagiroad, Assam. The alliance aims to manufacture ADI products in these facilities, collaborate on electronics components for Tata Motors' energy storage and power electronics, and explore opportunities in Tejas Networks' network infrastructure.
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