Exhibit 99.1

Analog Devices Reports Fourth Quarter and Fiscal Year 2017 Results

NORWOOD, Mass.--(BUSINESS WIRE)--November 21, 2017--Analog Devices, Inc. (Nasdaq: ADI), today announced financial results for its fourth quarter and fiscal year 2017, which ended October 28, 2017.

“The fourth quarter of 2017 drove a strong finish to the fiscal year, with high-quality revenue growth and operational execution that expanded gross and operating margins, and delivered stellar earnings per share growth,” said Vincent Roche, President and CEO.

“Looking ahead to the seasonally-slower first quarter of fiscal 2018, we are planning for revenue to be in the range of $1.44 billion to $1.54 billion, which includes the benefit of a 14th week in the quarter. At the mid-point of this guidance range, we expect revenue to increase year-over-year, led by the highly diverse industrial market.”

ADI also announced that the Board of Directors has declared a quarterly cash dividend of $0.45 per outstanding share of common stock, representing an annual dividend per share of $1.80. The dividend will be paid on December 12, 2017 to all shareholders of record at the close of business on December 1, 2017.

Supplemental schedules relating to our fourth quarter fiscal 2017 financial results are also available on our investor site at investor.analog.com.

Results for the Fourth Quarter of Fiscal Year 2017

  • Revenue totaled $1.54 billion, up 8% sequentially and up 54% year-over-year on a GAAP basis and up 6% sequentially on a non-GAAP basis
  • GAAP gross margin of 65.3% of revenue; Non-GAAP gross margin of 70.9% of revenue
  • GAAP operating margin of 29.1% of revenue; Non-GAAP operating margin of 42.6% of revenue
  • GAAP diluted EPS of $0.93; Non-GAAP diluted EPS of $1.45

Results for the Fiscal Year 2017

  • GAAP Revenue totaled $5.1 billion, up 49% year-over-year, and non-GAAP revenue totaled $5.2 billion, up 52% year-over-year
  • GAAP gross margin of 59.9% of revenue; Non-GAAP gross margin of 69.5% of revenue
  • GAAP operating margin of 20.7% of revenue; Non-GAAP operating margin of 39.5% of revenue
  • GAAP diluted EPS of $2.07; Non-GAAP diluted EPS of $4.72

The following information was filed by Analog Devices Inc (ADI) on Tuesday, November 21, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Analog Devices Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Analog Devices Inc.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Log in with your credentials

or    

Forgot your details?

Create Account