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, Inc. (NASDAQ: ADI) announced that Vice President of Instrumentation, Karim Hamed, will speak at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2021, at 12:40 p.m. Eastern time. The conference will be accessible via a live webcast on the Investor Relations section of Analog Devices’ website, with an archived replay available afterwards. Analog Devices operates in various markets, serving 125,000 customers with over 75,000 products, focusing on analog and mixed signal, power management, RF, and sensor technologies.
Analog Devices, Inc. (NASDAQ: ADI) announced that John Hassett, Senior Vice President and COO, will present at the 5th Annual Wells Fargo TMT Summit on December 2, 2021, at 1:20 p.m. Eastern time. The event will be accessible via a live webcast on the company's Investor Relations website, with an archived replay available afterward. Analog Devices is a leader in converting real-world data into insights, providing over 75,000 products across various markets and serving 125,000 customers globally. The company is based in Wilmington, MA.
Analog Devices, Inc. (NASDAQ: ADI) has announced that Chief Financial Officer Prashanth Mahendra-Rajah will present at the Credit Suisse 25th Annual Technology Conference on Tuesday, November 30, at 2:30 p.m. Mountain Time in Scottsdale, AZ. The conference will be accessible via a live webcast on the Investor Relations section of their website, with an archived replay available after the event. ADI is a leading technology company specializing in analog, mixed signal, and sensor technologies, serving over 125,000 customers globally.
Analog Devices, Inc. (ADI) reported a strong fiscal 2021, with fourth-quarter revenue of $2.34 billion, surpassing guidance, and total annual revenue of $7.32 billion, a 31% increase year-over-year. Operating cash flow for the year was $2.7 billion, with $3.7 billion returned to shareholders through dividends and buybacks. The acquisition of Maxim Integrated enhances ADI's semiconductor leadership. Looking ahead, ADI forecasts first-quarter 2022 revenue of $2.60 billion and adjusted EPS of $1.78, indicating continued growth momentum.
Analog Devices, Inc. (NASDAQ: ADI) will release its financial results for the fourth quarter and fiscal year 2021 on November 23, 2021 at 7 a.m. Eastern time. Following the release, a conference call will take place at 10:00 a.m. Eastern time, featuring CEO Vincent Roche and CFO Prashanth Mahendra-Rajah. The call can be accessed through Analog Devices’ Investor Relations website or by phone. A replay will be available two hours post-call for up to two weeks. ADI serves over 125,000 customers globally with a diverse product range across various markets.
indie Semiconductor has entered into a definitive agreement to acquire Symeo GmbH, the radar division of Analog Devices, enhancing its capabilities in the automotive radar market. This strategic acquisition, featuring 120 patents, aims to bolster indie's sensor technologies for Advanced Driver Assistance Systems (ADAS) and autonomous vehicles. The global automotive radar market is projected to grow from $3.5 billion in 2019 to $7.6 billion by 2026. The financial impact of the transaction is expected to be neutral to indie's earlier investment forecasts.
Analog Devices, Inc. announced the expiration of its cash tender offer for various outstanding Senior Notes as of October 4, 2021. The total amounts tendered include $71.18M of the 2021 Notes and $133.32M of the June 2023 Notes, with substantial participation in the December 2023 and 2025 Notes. The Offer, aimed to reduce debt, is funded by proceeds from a recent senior notes offering. Payments for validly tendered notes will be made on October 5 and 7, 2021, respectively.
Analog Devices (ADI) has announced the pricing of a cash tender offer for its outstanding senior notes totaling over $3.1 billion. The offer includes six different series of senior notes with varying maturity dates. The tender offer will expire today at 5:00 PM New York City time. Holders who tender their notes will receive the Tender Offer Consideration, along with accrued interest. The company anticipates the settlement date to be on October 5, 2021. This move is part of a broader strategy which includes the issuance of new senior notes.
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