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. (ADI) reported first-quarter fiscal 2023 results with revenue of $3.25 billion, reflecting a 21% year-over-year growth. The company achieved a record earnings per share (EPS) of $1.88, a 255% increase from the previous year. Operating cash flow reached $5.0 billion with free cash flow of $4.3 billion. ADI returned over $1 billion to shareholders and raised its quarterly dividend by 13%.
Looking ahead, ADI forecasts second-quarter revenue between $3.10 billion and $3.30 billion, with expected EPS of $1.85 to $1.95.
Analog Devices, Inc. (NASDAQ: ADI) has announced a 13% increase in its quarterly dividend, raising it from
Analog Devices, Inc. (NASDAQ: ADI) will announce its Q1 fiscal 2023 financial results on February 15, 2023, at 7:00 a.m. ET. A conference call will be held the same day at 10:00 a.m. ET, featuring CEO Vincent Roche and CFO Prashanth Mahendra-Rajah. This call can be accessed live via their Investor Relations website. The company reported revenues exceeding $12 billion in FY22 and serves 125,000 customers globally.
Analog Devices (NASDAQ: ADI) announced that Prashanth Mahendra-Rajah, Executive Vice President and CFO, will present at the J.P. Morgan 21st Annual Tech/Auto Forum Conference in Las Vegas on January 5, 2023, at 10:30 a.m. PT. Investors can access the live webcast through the Investor Relations section of their website, with an archived replay available afterward. Analog Devices is a leader in semiconductors, reporting over $12 billion in revenues for FY22 and employing around 24,000 people globally.
Analog Devices, Inc. (NASDAQ: ADI) invites the public to explore the Intelligent Edge at CES 2023, showcasing its advancements in technology. Attendees can visit booth #4725 for live demonstrations on how ADI's innovations enhance efficiency, safety, and sustainability across various sectors, including automotive, consumer, digital healthcare, and industrial applications. The event features panel discussions with industry leaders on critical topics like the future of automotive experiences and climate change. ADI's award-winning ADTF3175 module highlights its commitment to enriching lives through technology.
Analog Devices, Inc. (NASDAQ: ADI) announced that Andy McLean, Corporate VP of Communications & Cloud, will speak at the Oppenheimer 5G Summit on December 13, 2022, at 11:35 a.m. Eastern Time. The event will be virtual, and viewers can access the live webcast through the Investor Relations section of Analog Devices' website. An archived replay will be available post-event. Analog Devices is a leading semiconductor company with over $12 billion in FY22 revenue, focusing on innovations in digitized factories, mobility, and healthcare.
Analog Devices (ADI) announced that Prashanth Mahendra-Rajah, Executive Vice President and CFO, will speak at the Barclays Global Technology, Media, and Telecommunications Conference in San Francisco on December 7, 2022, at 2:30 p.m. PT. The conference will be accessible via live webcast on the Investor Relations section of the Analog Devices website, with an archived replay available afterward. Analog Devices, a global semiconductor leader, reported over $12 billion in revenue for FY22, focusing on innovations across digital healthcare, mobility, and climate change solutions.
Analog Devices, Inc. (NASDAQ: ADI) announced that Prashanth Mahendra-Rajah, Executive Vice President and CFO, will present at the Credit Suisse 26th Annual Technology Conference in Scottsdale, Arizona, on November 29, 2022, at 9:35 a.m. Mountain Time. The event will be available for live streaming via the Investor Relations section on Analog Devices' website, with an archived replay accessible afterward. ADI reported over $12 billion in revenues for FY22 and has a workforce of more than 24,000, serving over 125,000 customers globally.
Analog Devices, Inc. (ADI) reported a fourth quarter revenue of $3.25 billion, marking a 39% increase year-over-year, contributing to a total fiscal 2022 revenue of $12 billion, a 64% surge. Operating cash flow reached $4.5 billion with free cash flow at $3.8 billion, representing 31% of revenue. ADI returned $4.6 billion to shareholders in share repurchases and dividends. The first quarter of fiscal 2023 forecasts revenue of $3.15 billion, with projected EPS of $1.71.
Analog Devices, Inc. (NASDAQ: ADI) has launched the world's first Single-pair Power over Ethernet (SPoE) solutions, enhancing smart building and factory automation. These new Power Sourcing Equipment (PSE) and Power Device (PD) solutions enable efficient power and data management in remote locations, significantly reducing reliance on traditional power sources. The LTC4296-1 PSE and LTC9111 PD products support up to 52W and are compliant with 802.3cg standards, promoting interoperability and fault tolerance. This initiative aligns with the growing trend toward digital buildings and the Intelligent Edge.
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