Early Access

10-QPeriod: Q1 FY2010

ANALOG DEVICES INC Quarterly Report for Q1 Ended Jan 30, 2010

Filed February 17, 2010For Securities:ADI

Summary

Analog Devices Inc. (ADI) reported its financial results for the quarter ended January 29, 2010. The company demonstrated a sequential improvement in revenue, reflecting a growing demand across its key markets. Despite the ongoing economic uncertainties, ADI managed to grow its gross margins, indicating effective cost management and a favorable product mix. The company also maintained a strong liquidity position, providing flexibility for future investments and potential market fluctuations.

Financial Statements
Beta
Revenue$602.98M
Cost of Revenue$234.51M
Gross Profit$368.48M
R&D Expenses$114.40M
SG&A Expenses$88.48M
Operating Expenses$219.36M
Operating Income$149.11M
Interest Expense$2.54M
Net Income$120.46M
EPS (Basic)$0.41
EPS (Diluted)$0.40
Shares Outstanding (Basic)295.47M
Shares Outstanding (Diluted)304.73M

Key Highlights

  • 1Sequential revenue growth reported for the quarter ended January 29, 2010.
  • 2Improvement in gross profit margins, suggesting efficient operations and pricing power.
  • 3Continued strong cash flow generation from operations.
  • 4Prudent management of operating expenses, contributing to profitability.
  • 5Healthy balance sheet with significant cash and marketable securities.
  • 6Filing includes amendments to the 2006 Stock Incentive Plan, impacting equity compensation.

Frequently Asked Questions