secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000006281-24-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADI Q1 revenue $2.51B (-23% YoY), EPS $0.93 (-51%); dividend raised 7% to $0.92
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- Revenue $2,513M, down 23% YoY; GAAP diluted EPS $0.93, down 51%; adjusted EPS $1.73, down 37%.
- Gross margin 58.7% (down 670 bps); adjusted gross margin 69.0% (down 460 bps).
- Operating cash flow $1,139M in Q1; free cash flow $916M; trailing 12-month free cash flow $3,242M.
- Quarterly dividend increased 7% to $0.92 per share, payable March 15 to record March 5, marking 20th consecutive annual increase.
- Appointed Richard C. Puccio as EVP and Chief Financial Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000000628124000032/0000006281-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000000628124000032/adi-20240220.htm
  HTML page:      https://secwatch.observer/filing/0000006281-24-000032

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