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Analog Devices Inc.

5/23/2013, 4:43 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Tuesday, May 21, 6:00 PM After-hours top gainers, as of 5:30 p.m.: SKS +18.1%. DY +12.4%. NSPR +3%. NTAP +2.5%. WIT +2.4%.
After-hours top losers: YY -6.5%. UAN -5.1%. BZH -2.5%. YGE -1.9%. ADI -1.9%. Comment! [On the Move]
Tuesday, May 21, 4:51 PM Tech guidance roundup: 1) Analog Devices (ADI - earnings) expects FQ3 revenue of $655M-$685M and EPS of $0.51-$0.56, below a consensus of $688.3M and $0.58. 2) Intuit (INTU - earnings) expects FQ4 revenue of $702M-$727M and EPS of $0.03-$0.07, largely below a consensus of $726.7M and $0.11. 3) Compuware (CPWR - earnings) expects FY14 revenue of $1B and GAAP EPS of $0.35-$0.37; consensus is for revenue of $1.01B and non-GAAP EPS of $0.42. ADI -1.3% AH. INTU +0.5%. CPWR +0.9%. (Analog Devices PR) (Intuit PR) (Compuware PR) Comment! [Tech, Earnings]
Tuesday, May 21, 4:02 PM Analog Devices (ADI): FQ2 EPS of $0.52 in-line. Revenue of $659M misses by $1.84M. Shares -1.2% AH. (PR) Comment! [Earnings, Breaking News, Tech, On the Move]
Tuesday, May 21, 12:10 AM Notable earnings after Tuesday’s close: NTAP,ADI, CPWR, INTU, Comment! [Earnings]
Monday, May 20, 5:35 PM Notable earnings after Tuesday’s close: NTAP,ADI, CPWR, INTU, Comment! [Earnings]
Monday, May 6, 1:32 PM Analog Devices (ADI +1.9%) has named President Vincent Roche its full-time CEO and appointed him to the board; Roche was named interim CEO in late March following the death of Jerry Fishman. Separately, JPMorgan's Christpher Danely is hosting a CC called "The Analog Devices Manifesto," in which he touts the chipmaker's valuations (16x 2014E EPS) and operating leverage. (PR) Comment! [Tech, Quick Ideas]
Wednesday, April 17, 12:26 PM Chip stocks have a rough day (SOXX -2.8%) following Cirrus Logic's warning, light guidance from Linear Technology (LLTC -4.6%) to go with a Q1 beat - Linear sees 1%-4% Q/Q revenue growth for calendar Q2, below a 4.7% consensus - and ho-hum Q1 results/Q2 guidance from Intel. Apple suppliers Broadcom (BRCM -4%), Avago (AVGO -5.5%), STMicroelectronics (STM -6.7%), NXP (NXPI -7%), RF Micro (RFMD -2.8%), and OmniVision (OVTI -3.3%) are among the casualties, but they're far from alone. ANAD -6.2%. STM -5.7%. FSL -5%. ADI -4.5%. TXN -4.4%. Comment! [Tech, On the Move]
Friday, March 29, 5:35 PM Analog Devices (ADI) CEO Jerald Fishman died Thursday night of an apparent heart attack. Fishman, who was 67, had been ADI's CEO since 1996. President Vincent Roche has been named interim CEO. (PR) 3 Comments [Tech]
Tuesday, February 19, 5:52 PM Analog Devices (ADI) declares $0.34/share quarterly dividend, 13% increase from prior dividend of $0.30. Forward yield 2.89%. For shareholders of record Mar. 01. Payable Mar. 12. Ex-div date Feb. 27. (PR) Comment! [Dividends]
Tuesday, February 19, 4:06 PM Analog Devices (ADI): Q4 EPS of $0.44 misses by $0.01. Revenue of $622.1M misses by $10.66M. (PR) Comment! [Earnings, Breaking News, Tech]
Tuesday, February 19, 12:10 AM Notable earnings after Tuesday’s close: ADI, AMRS, ANAD, BAS, BJRI, CF, DELL, DX, FNF, GTAT, HLF, LLNW, MAR, MDRX, MM, NBR, NFX, QEP, SHO, SINA, TEX, ZIXI Comment! [Earnings]
Monday, February 18, 5:35 PM Notable earnings after Tuesday’s close: ADI, AMRS, ANAD, BAS, BJRI, CF, DELL, DX, FNF, GTAT, HLF, LLNW, MAR, MDRX, MM, NBR, NFX, QEP,SHO, SINA, TEX, ZIXI Comment! [Earnings]
Monday, January 14, 1:48 PM Analog chipmaker/Samsung supplier Maxim (MXIM -2.5%) is off following a downgrade to Neutral from Credit Suisse: the firm says it expects "a significant deceleration" in the mobile phone market (36% of Maxim's sales and a major growth driver) going forward, though it thinks healthy industrial/telecom equipment exposure will buffer the blow. Analog Devices (ADI +0.1%) and Xilinx (XLNX) have been upgraded to Outperform (I, II), but neither is moving much - in each case, CS likes the chipmaker's industrial/telecom infrastructure exposure. Comment! [Tech, On the Move, Quick Ideas]
Thursday, December 13, 2012, 2:13 PM International Rectifier (IRF -4.3%) is off after receiving a downgrade to Sell from Goldman's James Schneider, who expects shares to underperform during the first stages of a chip industry recovery. Pricing and margin pressure for discrete analog chips, high inventories, and sub-par execution are all cited. Meanwhile, fellow analog names Linear Tech (LLTC -2.9%) and Analog Devices (ADI -1.5%) are slightly underperforming after respectively catching downgrades to Sell and Neutral from Citi. 2 Comments [Tech]
Tuesday, November 27, 2012, 5:45 PM After-hours top gainers, as of 5:15 p.m.: GMCR +23.3%. CIG +3.8%. CBOU +2/7%. PFPT +2.7%. ANN +2.4%. After-hours top losers: CWTR -5.7%. MJN -3.3%. ADI -3.2%. IGT -3.1%. ODP -2.1%. Comment! [On the Move]
Tuesday, November 27, 2012, 4:37 PM More on Analog Devices: FQ1 guidance is for a 6%-12% Q/Q revenue drop, below a consensus for a 2% decline. Orders fell during FQ4 due to inventory adjustments (an ongoing problem for many chipmakers), and this has driven ADI to slash production. That, in turn, is a reason gross margin fell 180 bps Q/Q to 63.8%, and is expected to fall to 62% in FQ1. Industrial and automotive sales fell both Q/Q and Y/Y, consumer +28% Q/Q (boosted by seasonality) but -6% Y/Y. ADI -3.2% AH. TXN -0.5%. CC at 5PM ET (webcast). (PR) Comment! [Tech, Earnings]