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 (ADI) reported its fiscal third quarter 2024 financial results, with revenue of $2.31 billion, above the midpoint of their outlook. The company saw sequential growth in Industrial, Consumer, and Communications sectors. ADI generated $4.0 billion in operating cash flow and $2.9 billion in free cash flow on a trailing twelve-month basis. They returned $574 million to shareholders through dividends and repurchases in Q3.
Despite a 25% year-over-year revenue decline, ADI's CEO Vincent Roche expressed confidence in the company's position to capitalize on secular trends. CFO Richard Puccio noted improved customer inventory levels and order momentum, signaling a potential recovery. For Q4 FY2024, ADI forecasts revenue of $2.40 billion ±$100 million, with adjusted EPS expected at $1.63 ±$0.10.
Analog Devices, Inc. (Nasdaq: ADI) has announced it will release its third quarter fiscal year 2024 financial results on Wednesday, August 21, 2024 at 7:00 a.m. Eastern time. Following the press release, the company will host a conference call at 10:00 a.m. Eastern time on the same day. Vincent Roche (CEO and Chair), Richard Puccio (Executive VP and CFO), and Michael Lucarelli (VP of Investor Relations and FP&A) will discuss ADI's results and business outlook.
Interested parties can listen to the live conference call on ADI's Investor Relations website at investor.analog.com. To participate in the live call, pre-registration is required at the provided link. Both the press release and archived webcast will be available after the call on the company's investor relations website.
Analog Devices (Nasdaq: ADI) has announced that its Executive Vice President & Chief Financial Officer, Richard Puccio, will present at the Bernstein 40th Annual Strategic Decisions Conference. This event will be held at the New York Hilton Midtown Hotel on May 29, 2024, at 10:00 a.m. EST. The presentation will cover various business topics and trends. Interested parties can access a live webcast of the event via the Investor Relations section of Analog Devices' website. An archived replay will also be available for at least 30 days post-event.
Analog Devices (ADI) reported fiscal Q2 2024 revenue of $2.16 billion, exceeding the midpoint of their outlook. Operating cash flow was $4.3 billion and free cash flow was $3.1 billion on a trailing twelve-month basis. The company returned over $675 million to shareholders through dividends and repurchases during the quarter.
Despite macroeconomic and inventory challenges, ADI achieved earnings per share (EPS) above their high-end outlook due to disciplined cost control. CEO Vincent Roche highlighted the stabilization of inventory rationalization and optimism for sequential growth in Q3 2024, along with new opportunities driven by the proliferation of the Intelligent Edge and AI investments.
However, compared to the same quarter last year, revenue dropped by 34%, gross margin fell by 1,100 basis points, and operating income decreased by 66%. Adjusted EPS also declined by 51%. The company forecasts Q3 2024 revenue at approximately $2.27 billion, with a reported EPS of $0.71 and adjusted EPS of $1.50.
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