Analog Devices, Inc. Introduces Four 8kV ESD Switches
Dec 9 13
Analog Devices, Inc. introduced four 8kV ESD (electro-static discharge) switches that guarantee latch-up prevention in high-voltage industrial applications operating up to +/-22 Vds or +40 Vss. ADI's high-voltage ADG5401, ADG5421, ADG5423 and ADG5419 single and dual switches are new additions to the latch-up immune family, which includes configurations from SPSTx1 switches to 32:1 multiplexers. Latch-up, an undesirable high-current state that persists until the power supply is turned off, can lead to device failure.
Analog Devices Elects Richard Beyer to Board of Directors
Dec 2 13
Analog Devices, Inc. announced that Richard Beyer has been elected as a Director of the company. Mr. Beyer has a distinguished and longstanding record of leadership in the semiconductor industry, most recently as chairman and chief executive officer (CEO) of Freescale Semiconductor, Inc. from 2008 to 2012. Prior to that, he held the position of CEO at Intersil Corporation from 2002 to 2008 and at Elantec Semiconductor, Inc. from 2000 to 2002. Mr. Beyer also served in senior management roles at VLSI Technology, National Semiconductor, and Rockwell International.
Analog Devices, Inc. Declares Cash Dividend on Common Stock, Payable on December 17, 2013; Reports Earnings Results Fourth Quarter and Full Year Ended November 02, 2013; Provides Earnings Guidance for the First Quarter of Fiscal Year 2014
Nov 26 13
Analog Devices, Inc. announced that its Board of Directors has declared a cash dividend of $0.34 per outstanding share of common stock. The dividend will be paid on December 17, 2013 to all shareholders of record at the close of business on December 6, 2013.
The company reported earnings results for the fourth quarter and full year ended November 02, 2013. For the quarter, the company reported revenue of $678,133,000 against $694,964,000 a year ago. Operating income was $199,862,000 against $215,279,000 a year ago. Income before income tax was $282,512,000 against $212,524,000 a year ago. Net income was $201,554,000 against $179,187,000 a year ago. Diluted earnings per share were $0.64 against $0.58 a year ago. Net cash provided by operating activities was $282,165,000 against $236,047,000 a year ago. Additions to property, plant and equipment was $48,558,000 against $37,511,000 a year ago. Non-GAAP operating income was $215,639,000 or against $215,279,000 a year ago. Non-GAAP Diluted EPS was $0.62 compared to $0.58 a year ago.
For the year, the company reported revenue of $2,633,689,000 against $2,701,142,000 a year ago. Operating income was $753,075,000 against $824,048,000 a year ago. Income before income tax was $815,323,000 against $813,533,000 a year ago. Net income was $673,487,000 against $651,236,000 a year ago. Diluted earnings per share were $2.14 against $2.13 a year ago. Net cash provided by operating activities was $912,345,000 against $814,542,000 a year ago. Additions to property, plant and equipment was $123,074,000 against $132,176,000 a year ago. Non-GAAP operating income was $789,196,000 against $829,884,000 a year ago. Non-GAAP Diluted EPS was $2.15 compared to $2.13 a year ago.
The company provided earnings guidance for the first quarter of fiscal year 2014. For the quarter, the company revenue estimated to decrease in the range of 5% to 10%, tax rate estimated to be approximately 13%, diluted EPS estimated at $0.44 to $0.52.
Analog Devices Mulls Acquisitions
Nov 26 13
Analog Devices, Inc. (NasdaqGS:ADI) is looking for acquisitions. Regarding acquisition plans, DAVE ZINSNER, VP Finance and Chief Financial Officer said in an earnings conference, “First of all, we have $1.3 billion domestically. We have plenty of options with the cash we have on the US books. If we plough through that, then we'll decide what to do beyond that. The priorities for that cash are, of course with our cash flow from operations generated in the US, we utilize most of that to pay the dividend.”
Analog Devices, Inc. Presents at BMO Capital Markets 2013 Technology & Digital Media Conference, Dec-10-2013 01:15 PM
Nov 25 13
Analog Devices, Inc. Presents at BMO Capital Markets 2013 Technology & Digital Media Conference, Dec-10-2013 01:15 PM. Venue: Grand Hyatt New York, 109 East 42nd Street at Grand Central Terminal, New York, NY 10017, United States. Speakers: Ali Husain, Director of Investor Relations, David A. Zinsner, Chief Financial Officer and Vice President of Finance.