Analog Devices Stock Price, News & Analysis

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 An archived version will also be available afterward.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.

Analog Devices, Inc. (Nasdaq: ADI) reported Q2 2022 revenue of $2.97 billion, marking a 79% year-over-year increase. The company achieved a new high in diluted EPS at $1.49, up 31% from the prior year. Strong operational performance was underscored by an operating cash flow of $3.65 billion and a free cash flow of $3.20 billion, representing 33% of revenue. Looking ahead, ADI forecasts Q3 2022 revenue of $3.05 billion, indicating continued growth despite current supply chain challenges.