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 Prashanth Mahendra-Rajah, Executive Vice President and CFO, will present at Citi's 2022 Global Technology Conference on September 8, 2022, at 11:15 a.m. ET in New York City. Investors can access the live webcast via the Investor Relations section of Analog Devices' website, with an archived replay available afterward. Analog Devices specializes in converting real-world data into insights across various sectors including industrial, automotive, and consumer markets, serving over 125,000 customers globally.
Analog Devices, Inc. (NASDAQ: ADI) announced that CFO Prashanth Mahendra-Rajah will speak at the Evercore ISI 2nd Annual Technology Conference on September 7, 2022, at 1:30 p.m. Eastern time in New York. The event highlights ADI's role in the digital economy, servicing 125,000 customers across various sectors. A live webcast of the conference can be accessed through the Investor Relations section of ADI's website, with an archived replay available afterwards.
Analog Devices, Inc. (ADI) reported a record revenue of $3.1 billion for Q3 2022, demonstrating 77% year-over-year growth. The company achieved an operating income of $893 million and increased earnings per share to $1.44, a 7% increase from the previous year. ADI returned $1.3 billion to shareholders through dividends and share repurchases. For Q4 2022, ADI forecasts revenue of $3.15 billion with an expected operating margin of 33.7%. Despite economic uncertainty impacting bookings, demand remains strong, sustaining a robust backlog.
Analog Devices, Inc. (NASDAQ: ADI) will release its financial results for the third quarter of fiscal year 2022 on August 17, 2022, at 7:00 a.m. Eastern time. A conference call will follow at 10:00 a.m. Eastern time with CEO Vincent Roche, CFO Prashanth Mahendra-Rajah, and VP Michael Lucarelli discussing the results and business outlook. The call can be accessed via their Investor Relations website.
Analog Devices Inc. (NASDAQ: ADI) appointed André Andonian as an independent director effective June 27, 2022. Andonian, CEO of Andonian Advisory Pte. Ltd., boasts extensive experience from his 35 years at McKinsey & Company, where he held key leadership roles across multiple regions. His appointment increases ADI's board to 13 members. CEO Vincent Roche expressed optimism about Andonian's ability to provide insights and guidance for high-tech transformations, positioning ADI to better address customer needs and challenges.
Analog Devices, Inc. (NASDAQ: ADI) has announced that Prashanth Mahendra-Rajah, Executive Vice President of Finance and CFO, will present at the NASDAQ 46th Investor Conference in London on June 14, 2022, at 10:00 a.m. BST. Interested investors can access the live webcast through the Investor Relations section of ADI's website, with an archived replay available afterward. Analog Devices operates a wide range of technologies, serving 125,000 customers globally across various sectors, including industrial and automotive, with over 75,000 products.
Analog Devices, Inc. (NASDAQ: ADI) announced that its Executive Vice President and CFO, Prashanth Mahendra-Rajah, will address the Bank of America 2022 Global Technology Conference in San Francisco on June 9, 2022, at 10:15 a.m. Pacific time. The conference will be accessible through a live webcast on the company’s Investor Relations website. An archived version will also be available afterward. Analog Devices provides a wide range of technology solutions, serving over 125,000 customers globally in various markets.
Analog Devices (NASDAQ: ADI) announces that Patrick Morgan, Corporate Vice President of Automotive Electrification & Sustainable Energy, will address the Goldman Sachs Global Semiconductor Virtual Conference on June 7, 2022, at 4:00 p.m. Eastern time. The event will be accessible via a live webcast on the company's investor relations website at investor.analog.com, with an archived replay available afterward. Analog Devices specializes in analog and mixed signal technologies, serving 125,000 customers globally.
Analog Devices, Inc. (NASDAQ: ADI) announced that CEO Vincent Roche will speak at the Bernstein 38th Annual Strategic Decisions Conference on June 1, 2022, at 10:00 a.m. Eastern time in New York, NY. Interested parties can access the live webcast via the Investor Relations section of Analog Devices’ website. An archived replay will be available post-event. Analog Devices excels in converting real-world phenomena into actionable insights, serving 125,000 customers with over 75,000 products across various sectors, including industrial and automotive.
Analog Devices, Inc. (NASDAQ: ADI) announced that Prashanth Mahendra-Rajah, Executive Vice President and CFO, will speak at the 50th Annual J.P. Morgan Global Technology, Media, and Communications Conference. The event is scheduled for Monday, May 23, 2022, at 3:10 p.m. Eastern time in Boston, Massachusetts. Investors can access the live webcast through the Investor Relations section of Analog Devices’ website, with an archived replay available afterwards.
FAQ
What is the current stock price of Analog Devices (ADI)?
What is the market cap of Analog Devices (ADI)?
What does Analog Devices, Inc. specialize in?
Where is Analog Devices, Inc. headquartered?
What were Analog Devices' recent financial highlights?
What are some of the key markets for Analog Devices?
Can you tell me about ADI’s Sensinel CPM System?
What strategic partnerships has ADI recently announced?
How does ADI ensure resilient manufacturing capabilities?
What is ADI’s approach to shareholder value?
How does ADI support sustainability and innovation?
What are ADI's future growth prospects?
