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. (ADI) is a leading global semiconductor company specializing in high-performance analog, mixed-signal, and digital signal processing technologies. This page serves as the definitive source for ADI-related news, providing investors and industry professionals with timely updates on corporate developments and technological advancements.
Access official press releases, earnings reports, and analysis of ADI's innovations in data conversion, power management, and Intelligent Edge solutions. Our curated collection covers strategic partnerships, product launches, and market expansions critical to understanding ADI's position in industrial, automotive, and communications sectors.
Key content includes updates on ADI's converter chip developments, embedded security architectures like ADI Assure™, and software tools such as CodeFusion Studio™. Track the company's progress in enabling next-generation technologies through its analog-digital integration expertise.
Bookmark this page for streamlined access to ADI's financial disclosures, leadership announcements, and R&D milestones. Check regularly for verified updates that matter to semiconductor industry stakeholders and technology investors.
Analog Devices (NASDAQ: ADI) has appointed Janene Asgeirsson as the new Senior Vice President, Chief Legal Officer, and Corporate Secretary. With over 20 years in corporate law, she will oversee legal matters, including M&A and governance. Asgeirsson previously served at Acacia Communications, where she led significant strategic projects, including a $4.5 billion sale to Cisco and a successful IPO in 2016. CEO Vincent Roche expressed confidence in her contributions during a pivotal time for the semiconductor industry.
Analog Devices, Inc. (NASDAQ: ADI) announced that CFO Prashanth Mahendra-Rajah will speak at Citi's 2021 Global Technology Virtual Conference on Wednesday, September 15, 2021, at 10:30 a.m. Eastern time. The live webcast can be accessed via the Investor Relations section of the company's website, with an archived replay available for one year post-event. ADI offers over 75,000 products for 125,000 customers across various markets, including industrial, communications, automotive, and consumer sectors, focusing on analog, mixed signal, and sensor technologies.
Analog Devices, Inc. (NASDAQ: ADI) has updated its capital allocation priorities following the successful acquisition of Maxim Integrated on August 26, 2021. The company is set to return 100% of free cash flow to shareholders through dividends and share repurchases. Key plans include a $2.5 billion accelerated share repurchase program expected to complete by Q2 2022 and a total of $5 billion in repurchases by end of 2022. The acquisition is projected to be accretive to earnings within 12 months and cost synergies are being realized sooner than anticipated.
Analog Devices, Inc. (NASDAQ: ADI) has entered into accelerated share repurchase (ASR) agreements to repurchase up to $2.5 billion of its common stock, utilizing available cash. The initial delivery of approximately 12.2 million shares is expected on September 9, 2021. For Q4 fiscal 2021, ADI forecasts revenue of $2.30 billion (+/- $70 million), with an expected operating margin of 32.5% and adjusted EPS of $1.69. The buyback and updated outlook aim to enhance shareholder value and reflect confidence in future growth.
Analog Devices, Inc. (NASDAQ: ADI) has completed its acquisition of Maxim Integrated Products, Inc. (NASDAQ: MXIM), a strategic move aimed at enhancing ADI's position in the analog semiconductor market. This acquisition is expected to leverage a combined revenue of over $9 billion and generate free cash flow exceeding $3 billion on a pro forma basis. Under the agreement, Maxim shareholders received 0.63 shares of ADI stock for each share of Maxim. Additionally, Tunç Doluca and Mercedes Johnson will join ADI's Board of Directors following the merger.
Analog Devices (ADI) has authorized an additional $8.5 billion for its share repurchase program, increasing the total available to approximately $10 billion. The funding will come from operational cash generation and cash from the recent Maxim Integrated acquisition. CEO Vincent Roche highlighted the company's robust cash flow and strong balance sheet, expressing confidence in returning 100% of free cash flow to shareholders while continuing to invest in innovation. Since 2004, ADI has repurchased around $6.7 billion in shares.
Analog Devices (NASDAQ: ADI) has received antitrust clearance from China's State Administration for Market Regulation for its acquisition of Maxim Integrated Products (NASDAQ: MXIM). This approval marks a significant step forward as the transaction has now obtained all necessary regulatory clearances. Analog Devices and Maxim expect the deal to close around August 26, 2021, pending customary closing conditions. The acquisition is projected to enhance the capabilities of both companies in the semiconductor industry, contributing to their growth and innovation.
Analog Devices, Inc. (ADI) reported record revenue of $1.759 billion for Q3 2021, marking a 21% increase from $1.456 billion in Q3 2020. Gross margin rose to 69.4%, with a 46% increase in operating income to $610 million. Diluted EPS increased by 39% to $1.35. For Q4 2021, ADI forecasts revenue of $1.78 billion, +/- $70 million, with an estimated EPS of $1.33, +/-$0.11. CEO Vincent Roche highlighted robust demand across all sectors, signaling strong growth prospects moving into 2022.
Analog Devices, Inc. (Nasdaq: ADI) will announce its third quarter fiscal year 2021 financial results on August 18, 2021, at 7 a.m. Eastern time. A conference call will follow at 10:00 a.m., featuring CEO Vincent Roche, CFO Prashanth Mahendra-Rajah, and Senior Director of Investor Relations Michael Lucarelli discussing results and business outlook. The call can be accessed via the company’s Investor Relations website or by phone at (833) 423-0297 (domestic). A replay will be available after the call.
Analog Devices (Nasdaq: ADI) has released its 2020 Green Bond Report, detailing the allocation of nearly $400 million from its inaugural green bond. Funds were invested in eco-efficient products and renewable energy projects, including:
- $288 million for technology in 4G, 5G, and green vehicles.
- $102 million for over 225,000 square feet of green buildings.
- $5 million for renewable energy initiatives.
This initiative aligns with the UN's Sustainable Development Goals to combat climate change.
