Summary
Analog Devices Inc. (ADI) reported its financial results for the quarter ending January 30, 2009. The company experienced a decline in revenue, reflecting the challenging macroeconomic environment prevalent at the time. While gross margins remained relatively stable, operating expenses saw a reduction, indicating management's focus on cost control in response to the downturn. The company's liquidity position remained strong, with ample cash and equivalents available to navigate the uncertain economic landscape.
Financial Highlights
31 data pointsBeta
Financial Statements
Beta
| Revenue | $476.57M |
| Cost of Revenue | $207.57M |
| Gross Profit | $269.00M |
| R&D Expenses | $119.83M |
| SG&A Expenses | $87.85M |
| Operating Expenses | $249.41M |
| Operating Income | $19.59M |
| Interest Expense | $0 |
| Net Income | $24.95M |
| EPS (Basic) | $0.09 |
| EPS (Diluted) | $0.09 |
| Shares Outstanding (Basic) | 291.19M |
| Shares Outstanding (Diluted) | 291.25M |
Key Highlights
- 1Revenue declined compared to the prior year's quarter, impacted by prevailing economic conditions.
- 2Gross margin showed resilience, indicating effective cost management in production.
- 3Operating expenses were reduced, demonstrating a proactive approach to cost containment.
- 4The company maintained a strong liquidity position with significant cash reserves.
- 5Net income per share decreased year-over-year, consistent with the revenue decline.
- 6The filing was made during a period of significant global economic contraction, which heavily influenced business performance.