8-KEarnings & ResultsOther EventsExhibits & Filings

ANALOG DEVICES INC 8-K Report, Financial Results (Feb 15, 2023)

Filed February 15, 2023For Securities:ADI

Summary

Analog Devices Inc. (ADI) filed an 8-K on February 14-15, 2023, reporting key financial and dividend information. The company announced its financial results for the first fiscal quarter ended January 28, 2023. While the specifics of the quarterly results are detailed in an accompanying press release (Exhibit 99.2), the filing itself highlights the board's decision to increase the quarterly cash dividend. This dividend increase signifies the company's confidence in its financial performance and commitment to returning value to shareholders. Investors should review the full earnings release for comprehensive details on revenue, profitability, segment performance, and forward-looking guidance to fully assess the company's current financial health and future prospects.

Key Highlights

  • 1ADI announced financial results for its fiscal first quarter ended January 28, 2023, on February 15, 2023.
  • 2The company's Board of Directors declared a quarterly cash dividend of $0.86 per common share.
  • 3This represents a significant increase from the previous quarterly dividend of $0.76 per share.
  • 4The dividend is payable on March 8, 2023, to shareholders of record as of February 27, 2023.
  • 5The detailed financial results are available in the earnings press release furnished as Exhibit 99.2.
  • 6The dividend increase signals confidence in the company's financial stability and commitment to shareholder returns.

Frequently Asked Questions

The 8-K filing on February 15, 2023, announces the financial results for the fiscal first quarter ended January 28, 2023. Specific details regarding revenue, profitability, and segment performance are provided in the earnings press release furnished as Exhibit 99.2.

Analog Devices' Board of Directors declared a new quarterly cash dividend of $0.86 per outstanding share of common stock, an increase from the previous dividend of $0.76 per share.

The increased quarterly cash dividend of $0.86 per share will be paid on March 8, 2023, to shareholders of record at the close of business on February 27, 2023.

Detailed financial performance information, including segment results and any forward-looking guidance, is available in the press release dated February 15, 2023, which is furnished as Exhibit 99.2 to this 8-K filing.