Summary
Analog Devices, Inc. (ADI) filed an 8-K on May 20, 2008, to report its financial results for the fiscal second quarter ended May 3, 2008. The filing primarily serves to furnish a press release detailing these results, along with historical financial data for fiscal years 2005-2007 and fiscal years 2007-2008 for quarterly comparisons. A significant aspect of this report is the reclassification of certain businesses as discontinued operations. Specifically, ADI has treated its wireless handset baseband chipset and radio transceiver business, as well as its CPU voltage regulation and PC thermal monitoring business, as discontinued operations. This reclassification impacts the presentation of past financial performance, allowing investors to better assess the ongoing core business operations.
Key Highlights
- 1ADI announced financial results for its fiscal second quarter ended May 3, 2008.
- 2The 8-K filing includes the press release detailing these quarterly results.
- 3Historical annual financial data for fiscal years 2005, 2006, and 2007 is provided.
- 4Quarterly financial information for fiscal years 2007 and 2008 is also included.
- 5Key businesses, including wireless handset chipsets, radio transceivers, CPU voltage regulation, and PC thermal monitoring, are classified as discontinued operations.
- 6This reclassification impacts the presentation of past financial performance to reflect ongoing operations.
- 7The filing itself does not constitute a filing for the purposes of Section 18 of the Exchange Act or Sections 11 and 12(a)(2) of the Securities Act.