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) announced an 11% increase in its quarterly dividend, raising it from $0.62 to $0.69 per share, effective March 9, 2021. This marks the 18th increase in 17 years and a total of $7 billion returned to shareholders over 69 consecutive quarters. President and CEO Vincent Roche highlighted ADI's top 10% cash generation within the S&P 500 and expressed confidence in the company's growth due to its diverse business and alignment with significant market trends.
Analog Devices, Inc. (Nasdaq: ADI) will release its financial results for the first quarter of fiscal year 2021 on February 17, 2021, at 8 a.m. Eastern time. A conference call will follow at 10:00 a.m. the same day, featuring key executives including President Vincent Roche and CFO Prashanth Mahendra-Rajah. Investors can access the live call via the Analog Devices Investor Relations website. A replay will be available for two weeks post-call. For more information, visit www.analog.com.
Analog Devices (Nasdaq: ADI) announces that CFO Prashanth Mahendra-Rajah will present at the Goldman Sachs Technology & Internet Conference and J.P. Morgan’s 19th Annual Tech/Auto Forum on January 12, 2021, at 9:40 a.m. and 1:30 p.m. Eastern Time, respectively. Investors can access live webcasts via the Investor Relations section of the company’s website. Archived replays will be available shortly after the events. Analog Devices is recognized for its high-performance analog technology that helps customers solve complex engineering challenges.
Analog Devices (Nasdaq: ADI) announced that Chief Financial Officer Prashanth Mahendra-Rajah will speak at the Barclays Global Technology, Media and Telecommunications Conference on December 10, 2020, at 12:00 p.m. Eastern time. Investors can access the live webcast through the Investor Relations section of Analog Devices’ website. An archived replay will also be available shortly after the event. As a leading high-performance analog technology company, Analog Devices focuses on addressing complex engineering challenges.
Analog Devices, Inc. (Nasdaq: ADI) announced that Michael Lucarelli, Head of Investor Relations, will present at the Raymond James Virtual Technology Investor Conference on December 9, 2020, at 12:30 p.m. Eastern Time. Investors can access the live webcast via the Investor Relations section of the company's website at investor.analog.com. An archived replay will be available shortly after the live event. Analog Devices is known for its high-performance analog technology, addressing critical engineering challenges.
Analog Devices, Inc. (Nasdaq: ADI) will have its President and CEO, Vincent Roche, speak at the Credit Suisse 24th Annual Technology Conference on December 2, 2020, at 9:30 a.m. Eastern time. Investors can access the live webcast through the Investor Relations section of the company's website at investor.analog.com, and an archived replay will be available shortly after the event. Analog Devices is renowned for its high-performance analog technology, helping customers solve complex engineering challenges.
Analog Devices (Nasdaq: ADI) announced that its Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at the NASDAQ 43rd Investor Conference on Tuesday, December 1, 2020, at 11:30 a.m. Eastern time. The conference will be accessible through a live webcast on Analog Devices' Investor Relations website. An archived replay will be available shortly after the live event, allowing investors and interested parties to access the discussion.
For more information, visit http://www.analog.com.
Analog Devices, Inc. (ADI) reported strong financial results for Q4 and fiscal year 2020, with revenues reaching $1.526 billion—a 6% increase year-over-year. Operating income surged 36% to $462 million, contributing to a 41% rise in diluted earnings per share (EPS) to $1.04. The company is optimistic about its upcoming acquisition of Maxim Integrated, expecting it to enhance growth and innovation. For Q1 FY2021, ADI projects revenues of $1.50 billion and adjusted EPS of $1.30, demonstrating a solid outlook amid a challenging macroenvironment.
Analog Devices, Inc. (Nasdaq: ADI) will release its fourth quarter fiscal year 2020 financial results on November 24, 2020, at 8 a.m. Eastern Time. A conference call for stakeholders will follow at 10:00 a.m., featuring CEO Vincent Roche and CFO Prashanth Mahendra-Rajah, discussing ADI's results and business outlook. The call will be accessible via their Investor Relations website, and a replay will be available for two weeks post-call. For more information, visit analog.com.
NEC Corporation and Analog Devices, Inc. (ADI) have partnered to develop a 5G Network Massive MIMO Antenna Radio Unit for Rakuten Mobile. This unit utilizes ADI's advanced RF transceiver technology for enhanced Massive MIMO performance and supports a 5G open virtual RAN interface. NEC is already shipping the units to Rakuten Mobile, which aims to revolutionize high-speed internet access while minimizing traditional network costs. The integrated circuit design improves efficiency and reduces the complexity of 5G network installations, aligning with the industry's shift towards virtualization.
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