10-QPeriod: Q2 FY2010

ANALOG DEVICES INC Quarterly Report for Q2 Ended May 1, 2010

Filed May 18, 2010For Securities:ADI

Summary

Analog Devices Inc. (ADI) reported its financial results for the quarter ending April 30, 2010, showcasing a period of steady performance amidst an evolving economic landscape. The company demonstrated its ability to navigate market conditions, with a focus on operational efficiency and strategic product development. Investors should note the company's continued emphasis on innovation within its core semiconductor markets, aiming to maintain its competitive edge and drive long-term growth. The filing provides insights into ADI's financial health, including its revenue streams, profitability, and cash flow generation. While specific figures are detailed within the report, the overarching narrative suggests a company focused on prudent financial management and investment in future opportunities. The report also touches upon market risks and internal controls, underscoring ADI's commitment to transparency and robust corporate governance.

Financial Highlights

52 data points
Beta

Revenue

$668.24M

65.0% Gross Margin

Net Income

$167.14M

25.0% Net Margin

EPS (Diluted)

$0.55

Total Assets

$3.93B

Cash & Equivalents

$1.01B

Free Cash Flow

$260.83M

Financial Statements
Beta
Revenue$668.24M
Cost of Revenue$233.72M
Gross Profit$434.51M
R&D Expenses$122.78M
SG&A Expenses$97.66M
Operating Expenses$220.44M
Operating Income$214.07M
Interest Expense$2.57M
Net Income$167.14M
EPS (Basic)$0.56
EPS (Diluted)$0.55
Shares Outstanding (Basic)297.82M
Shares Outstanding (Diluted)305.84M

Key Highlights

  • 1The company reported financial results for the quarter ending April 30, 2010.
  • 2The filing includes detailed financial statements and Management's Discussion and Analysis (MD&A).
  • 3Market risk disclosures and information on internal controls are provided.
  • 4Risk factors relevant to the company's operations are outlined.
  • 5The report covers specific details regarding unregistered sales of equity securities and the use of proceeds, if any.
  • 6Exhibits and SEC certification statements (CEO/CFO) are included as per standard SEC filings.

Frequently Asked Questions

The 10-Q filing for the period ending April 30, 2010, provides the detailed financial statements and Management's Discussion and Analysis (MD&A) that outline the company's revenue, expenses, profitability, and cash flow for that specific quarter. Investors would need to review these sections for precise performance figures.

Item 1A, 'Risk Factors,' in Part II of the filing details the potential risks and uncertainties that could materially affect Analog Devices' business, financial condition, or results of operations. This section is crucial for investors to understand the challenges and potential headwinds the company faces.

Item 2 in Part II of the filing addresses 'Unregistered Sales of Equity Securities and Use of Proceeds.' This section will confirm whether any such sales occurred and provide details on the use of any proceeds, which is important for understanding potential share dilution or capital raising activities.

Exhibit 31.1 contains the certifications required by Section 302 of the Sarbanes-Oxley Act, signed by the Chief Executive Officer (CEO) and Chief Financial Officer (CFO). These certifications attest to the accuracy of the financial statements and the effectiveness of the company's disclosure controls and procedures, providing investors with assurance regarding the reliability of the reported information.