Retrieved on:
Wednesday, April 24, 2024
WILMINGTON, Mass., April 24, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI ) today announced it will release financial results for the second quarter fiscal year 2024 at 7:00 a.m. Eastern time on Wednesday, May 22, 2024.
Key Points:
- WILMINGTON, Mass., April 24, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI ) today announced it will release financial results for the second quarter fiscal year 2024 at 7:00 a.m. Eastern time on Wednesday, May 22, 2024.
- Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day.
- Vincent Roche, Chief Executive Officer and Chair, Richard Puccio, Executive Vice President and Chief Financial Officer, and Michael Lucarelli, Vice President of Investor Relations and FP&A will discuss ADI's results and business outlook.
- Upon registering, you will be emailed a dial-in number, and unique PIN.
Retrieved on:
Wednesday, February 21, 2024
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Charge (2) Reconciliations of non-GAAP financial measures to their most directly comparable GAAP financial measures are provided in the financial tables included in this press release.
Key Points:
- (2) Reconciliations of non-GAAP financial measures to their most directly comparable GAAP financial measures are provided in the financial tables included in this press release.
- The adjusted results and adjusted anticipated results above are financial measures presented on a non-GAAP basis.
- Reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures are provided in the financial tables included in this release.
- Conference Call Scheduled for Today, Wednesday, February 21, 2024 at 10:00 am ET
ADI will host a conference call to discuss our first quarter fiscal 2024 results and short-term outlook today, beginning at 10:00 am ET.
Retrieved on:
Tuesday, February 20, 2024
Analog Devices, Inc. (NASDAQ: ADI), a global semiconductor leader, today announced that its Board of Directors has voted to increase its quarterly dividend from $0.86 per outstanding share of common stock to $0.92, which represents an increase of 7% and is equivalent to $3.68 annually.
Key Points:
- Analog Devices, Inc. (NASDAQ: ADI), a global semiconductor leader, today announced that its Board of Directors has voted to increase its quarterly dividend from $0.86 per outstanding share of common stock to $0.92, which represents an increase of 7% and is equivalent to $3.68 annually.
- “Today marks our 20th consecutive year of dividend increases, a testament to ADI’s enduring business qualities which have enabled positive free cash flow generation for 27 consecutive years,” said Vincent Roche, CEO and Chair.
- “The dividend is the cornerstone of our capital return strategy which is to return 100% of free cash flow to our shareholders over the long term.
- ADI has paid a dividend for 80 consecutive quarters, totaling more than $11 billion of cash returned to shareholders through dividends.
Automotive Ethernet connectivity is a key enabler of new, zonal architectures in automotive design and supports automotive megatrends such as software-defined vehicles.
Key Points:
- Automotive Ethernet connectivity is a key enabler of new, zonal architectures in automotive design and supports automotive megatrends such as software-defined vehicles.
- The BMW Group will be a leading original equipment manufacturer (OEM) to implement the technology, leveraging ADI's E²B for their ambient lighting system design in the vehicles of the BMW Group in the future.
- Since 2018, ADI has been working closely with the BMW Group on a new concept to simplify bringing Ethernet to the Edge.
- At the same time, the IEEE802.3cg Group was defining a new 10Mbps Ethernet standard called 10BASE-T1S, with ADI and the BMW Group among other companies both actively involved.
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Conditional sentence WILMINGTON, Mass., March 5, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) today announced U.S. Food and Drug Administration (FDA) 510(k) clearance and the commercial launch of the Sensinel™ Cardiopulmonary Management (CPM) System. The compact wearable device is a non-invasive, remote management system that captures cardiopulmonary measurements for chronic disease management such as heart failure. It is the first FDA clearance the company has received in its 59-year history.
Key Points:
- WILMINGTON, Mass., March 5, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI ) today announced U.S. Food and Drug Administration (FDA) 510(k) clearance and the commercial launch of the Sensinel™ Cardiopulmonary Management (CPM) System.
- The compact wearable device is a non-invasive, remote management system that captures cardiopulmonary measurements for chronic disease management such as heart failure.
- "Since our founding, ADI has focused on accelerating breakthroughs that enrich lives through innovative products," said Patrick O'Doherty, Senior Vice President of Digital Healthcare at ADI.
- The Sensinel CPM System is the next-generation solution for management of cardiopulmonary diseases like heart failure.
Retrieved on:
Thursday, February 22, 2024
WILMINGTON, Mass., Feb. 22, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI) announced today that the company has made a special arrangement with TSMC, the world's leading dedicated semiconductor foundry, to supply long-term wafer capacity through Japan Advanced Semiconductor Manufacturing, Inc. ("JASM"), TSMC's majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan.
Key Points:
- Building on ADI's more than 30-year partnership with TSMC, this adds another option for ADI to secure additional capacity of fine-pitch technology nodes to serve critical platforms across its business, including wireless BMS (wBMS) and Gigabit Multimedia Serial Link (GMSL™) applications.
- The joint efforts reinforce ADI's resilient hybrid manufacturing network, which helps to insulate external factors while supporting the means to increase output and scale rapidly to meet customer needs.
- "Our hybrid manufacturing network helps deliver a competitive edge to our customers.
- "Today's announcement demonstrates TSMC's commitment to helping our customers meet their long-term capacity needs," said Sajiv Dalal, Executive Vice President of Business Development at TSMC North America.
Retrieved on:
Wednesday, January 31, 2024
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FP Analog Devices, Inc. (Nasdaq: ADI ) today announced it will release financial results for the first quarter fiscal year 2024 at 7:00 a.m. Eastern time on Wednesday, February 21, 2024.
Key Points:
- Analog Devices, Inc. (Nasdaq: ADI ) today announced it will release financial results for the first quarter fiscal year 2024 at 7:00 a.m. Eastern time on Wednesday, February 21, 2024.
- Following the press release, the Company will host a conference call at 10:00 a.m. Eastern time, the same day.
- Vincent Roche, Chief Executive Officer and Chair, and Michael Lucarelli, Vice President of Investor Relations and FP&A will discuss ADI’s results and business outlook.
- Upon registering, you will be emailed a dial-in number, and unique PIN.
Retrieved on:
Thursday, January 25, 2024
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Management Analog Devices, Inc. (Nasdaq: ADI ) today announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as Executive Vice President and Chief Financial Officer.
Key Points:
- Analog Devices, Inc. (Nasdaq: ADI ) today announced that Richard C. Puccio, Jr. will join the company on February 5, 2024 as Executive Vice President and Chief Financial Officer.
- In this role, Mr. Puccio will set ADI’s financial strategy and lead the company’s global finance operations.
- View the full release here: https://www.businesswire.com/news/home/20240125388539/en/
Analog Devices appoints Richard C. Puccio, Jr. as Executive Vice President and Chief Financial Officer (Photo: Business Wire)
“Rich brings tremendous experience and capability from his more than three decades of leading financial advisory and high-growth business operations activities in complex technology sectors, and this makes him a great addition to ADI’s leadership team.
- Mr. Puccio earned his AB in Economics from Harvard University and his MBA from Boston University.
Retrieved on:
Tuesday, January 23, 2024
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Mobile phone ATLANTA, Jan. 23, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today launched Advance Control for Buildings, a groundbreaking platform marking one of the company's most substantial leaps in building controls innovation to date.
Key Points:
- Designed to automate building management and provide the foundation for a building's energy efficiency strategy, Advance Control combines the latest technologies with decades of innovation and domain expertise.
- By pushing the boundaries of technological advancement, Advance Control not only helps building managers optimize their building operations to meet these pressures, but also champions innovation," said Steve Kenny, vice president and general manager, Honeywell Building Management Systems.
- With NXP, Honeywell seeks to elevate machine learning and autonomous decision-making for enhanced energy management and convenience, as well as enhanced security within and beyond the building.
- ADI is pleased to work with Honeywell to bring this new technology to building management systems for the first time in Advance Control for Buildings," said Diarmuid McSwiney, Managing Director, Industrial Connectivity and Control at ADI.
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Wednesday, January 10, 2024
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Sales Analog Devices, Inc. (Nasdaq: ADI ), global semiconductor leader, and SambaNova Systems , makers of the only purpose-built, full-stack AI platform, announced that ADI is deploying SambaNova Suite to spearhead its global AI transformation, making AI pervasive enterprise-wide.
Key Points:
- Analog Devices, Inc. (Nasdaq: ADI ), global semiconductor leader, and SambaNova Systems , makers of the only purpose-built, full-stack AI platform, announced that ADI is deploying SambaNova Suite to spearhead its global AI transformation, making AI pervasive enterprise-wide.
- “The SambaNova Suite solution offers a quicker way for ADI to deploy generative AI enterprise-wide with global impact.
- We’re delighted to be working together.”
SambaNova Suite is the first full stack, generative AI platform, from chip to models, for the enterprise.
- "Seeing generative AI moving beyond experimentation to enterprise use cases signals the next wave of market maturity has begun."
