Analog Devices, Inc. (NASDAQ: ADI), today announced financial
results for its second quarter of fiscal year 2017, which ended
April 29, 2017.
“The second quarter of 2017 was a period of significant
success,” said Vincent Roche, President and CEO. “Business
conditions during the quarter were strong, and our results were
above the high end of our revised guidance range led by broad-based
strength, particularly in the industrial end market. In addition,
we closed the acquisition of Linear Technology Corporation and are
on track with our integration activities. This acquisition creates
a high-performance analog industry powerhouse, and I am confident
that we are well on our way to creating tremendous value for our
customers, employees, and shareholders.”
“Looking ahead to the July quarter, we continue to see signs of
good business conditions and are planning for revenue in the third
quarter of 2017, our first full quarter with Linear Technology, to
be in the range of $1.34 billion to $1.42 billion on a GAAP basis,
and $1.37 billion to $1.45 billion on a non-GAAP basis.”
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 June 20, 2017 to all shareholders
of record at the close of business on June 9, 2017.
Supplemental schedules relating to our second quarter fiscal
2017 results are also available on our investor site at
investor.analog.com.
Results for the Second Quarter of
Fiscal Year 2017
- GAAP revenue totaled $1.1 billion, with
a contribution of $147.5 million from Linear Technology; Non-GAAP
revenue totaled $1.2 billion, with a $208.3 million contribution
from Linear Technology
- GAAP gross margin of 55.8% of revenue;
Non-GAAP gross margin of 69.3% of revenue
- GAAP operating margin of 12.7% of
revenue; Non-GAAP operating margin of 37.9% of revenue
- GAAP diluted EPS of $0.27; Non-GAAP
diluted EPS of $1.03
Please refer to the schedules provided for a summary of revenue
and earnings, selected balance sheet information, and the cash flow
statement for the second quarter of fiscal year 2017, as well as
the immediately prior and year-ago quarters. Additional information
on revenue by end market is provided on Schedule D.
Outlook for the Third Quarter of Fiscal
Year 2017The following statements are based on current
expectations, and as indicated, are presented on a GAAP and
non-GAAP basis. These statements are forward-looking and actual
results may differ materially, as a result of, among other things,
the important factors discussed at the end of this release. These
statements supersede all prior statements regarding our business
outlook set forth in prior ADI news releases, and ADI disclaims any
obligation to update these forward-looking statements.
GAAP Non-GAAP
Adjustments Non-GAAP Revenue
$1.34B to $1.42B $30 million (1)
$1.37B to $1.45B Gross Margin 52% to
54% $252 million (2) 69% to 70%
Operating Expenses $558 million to $568 million
$128 million (3) $430 million to $440
million Operating Margins 10% to 14%
38% to 40% Interest & Other Expense
$70.0 million - $70.0 million
Tax Rate approx. 49% to 86% $11 million
(4) approx. 10.0%
Earnings per Share*
$0.02 to $0.17 $1.04 (5)
$1.07 to $1.21
* The sum of the individual per share amounts may not equal the
total due to rounding.
(1) Non-GAAP revenue adds back $30 million of deferred revenues
related to shipments of Linear Technology products by distributors
to end customers that were received by the distributors prior to
ADI’s acquisition of Linear Technology
(2) Non-GAAP gross margin excludes $252 million of costs
comprised of the following:
- $187 million of amortization of step up
through cost of sales
- $35 million amortization of purchased
intangible assets
- $21 million deferred revenues, net of
related costs, for shipments of Linear Technology products by
distributors to end customer that were received by distributors
prior to ADI’s acquisition of Linear Technology
- $8 million depreciation of step up
value on purchased fixed assets
- $1 million fair value adjustment
associated with the replacement of share-based awards in ADI’s
acquisition of Linear Technology
(3) Non-GAAP operating expenses exclude $128
million of costs comprised of the following:
- $112 million amortization of purchased
intangible assets
- $11 million fair value adjustment
associated with the replacement of share-based awards in ADI’s
acquisition of Linear Technology
- $5 million of transaction related costs
associated with the Company’s acquisition of Linear Technology
(4) Non-GAAP tax rate excludes the tax effects of the
reconciling adjustments noted in the three footnotes above and $51
million of discrete items in the quarter
(5) Non-GAAP earnings per share includes $1.04, which represents
the net impact of the non-GAAP adjustments noted above on a per
share basis consisting of:
- the deferred revenues, net of related
costs, for shipments of Linear Technology products by distributors
to end customers that were received by distributors prior to ADI’s
acquisition of Linear Technology ($0.06)
- acquisition-related expenses including
amortization of step up value of inventory and purchased intangible
assets, depreciation of step up value on purchased fixed assets,
and the fair value adjustment associated with the replacement of
share-based awards in ADI’s acquisition of Linear Technology
($0.94)
- acquisition-related transaction costs
($0.01)
- the effect on income tax of the prior
items ($0.10)
- and the impact of discrete tax items
($0.14).
Conference Call Scheduled for Today, Wednesday, May 31, 2017
at 10:00 am ETADI will host a conference call to discuss second
quarter fiscal 2017 results and short-term outlook today, beginning
at 10:00 am ET. Investors may join via webcast, accessible at
investor.analog.com, or by telephone (call 706-634-7193 ten minutes
before the call begins and provide the password "ADI").
A replay will be available two hours after the completion of the
call. The replay may be accessed for up to two weeks by dialing
855-859-2056 (replay only) and providing the conference ID:
99084395, or by visiting investor.analog.com.
Non-GAAP Financial
InformationThis release includes non-GAAP financial
measures that are not in accordance with, nor an alternative to,
generally accepted accounting principles and may be different from
non-GAAP measures used by other companies. In addition, these
non-GAAP measures are not based on any comprehensive set of
accounting rules or principles.
Schedules E and F of this press release provides the
reconciliation of the Company’s historical non-GAAP measures to
their most comparable GAAP measures.
Management uses non-GAAP measures internally to evaluate the
Company’s operating performance from continuing operations against
past periods and to budget and allocate resources in future
periods. These non-GAAP measures also assist management in
evaluating the Company’s core business and trends across different
reporting periods on a consistent basis. Management also uses
these non-GAAP measures as the primary performance measurement when
communicating with analysts and investors regarding the Company’s
earnings results and outlook and believes that the presentation of
these non-GAAP measures is useful to investors because it provides
investors with the operating results that management uses to manage
the Company and enables investors and analysts to evaluate the
Company’s core business. Management also believes that the non-GAAP
liquidity measure free cash flow is useful both internally and to
investors because it provides information about the amount of cash
generated after capital expenditures that is then available to
repay debt obligations, make investments and fund acquisitions, and
for certain other activities.
The following item is included in our Non-GAAP revenue,
non-GAAP gross margin, and non-GAAP diluted earnings per
share:
Acquisition-Related Deferred Revenue: Deferred revenue related
to shipments of Linear Technology products by distributors to end
customers that were received by the distributors prior to the
Company’s acquisition of Linear Technology. Business combination
accounting principles require the write down of deferred revenue in
conjunction with the acquisition. We included these revenues in our
non-GAAP measures because they relate to a specific transaction and
are reflective of our ongoing financial performance.
The following items are excluded from our non-GAAP gross
margin, non-GAAP operating expenses, non-GAAP operating income,
non-GAAP operating margin, and non-GAAP diluted earnings per
share:
Acquisition-Related Expenses: Expenses incurred as a result of
current and prior period acquisitions and primarily include
expenses associated with the fair value adjustments to inventory,
property, plant and equipment and amortization of acquisition
related intangibles, which include acquired intangibles such as
purchased technology and customer relationships. Expenses also
include the fair value adjustment associated with the replacement
of share-based awards in the Linear Technology acquisition. We
excluded these costs from our non-GAAP measures because they relate
to specific transactions and are not reflective of our ongoing
financial performance.
Acquisition-Related Transaction Costs: Costs incurred as a
result of the Linear Technology acquisition, including legal,
accounting and other professional fees directly related to the
acquisition. We excluded these costs from our non-GAAP measures
because they relate to a specific transaction and are not
reflective of our ongoing financial performance.
The following items are excluded from our non-GAAP operating
expenses, non-GAAP operating income, non-GAAP operating margin, and
non-GAAP diluted earnings per share:
Restructuring-Related Expenses: These expenses are incurred in
connection with facility closures, consolidation of manufacturing
facilities, severance, and other cost reduction efforts. We
excluded these expenses from our non-GAAP measures because apart
from ongoing expense savings as a result of such items, these
expenses and the related tax effects have no direct correlation to
the operation of our business in the future.
The following items are excluded from our non-GAAP other
expense and non-GAAP diluted earnings per share:
Amortization of Deferred Financing Costs: In the third quarter
of fiscal 2016, in connection with the Linear Technology
acquisition, the Company obtained bridge financing commitments and
incurred financing fees which were amortized into interest expense
over the term of the bridge financing commitments. In the first
quarter of fiscal 2017, the Company replaced a portion of the
bridge financing commitments with $2.1 billion of senior unsecured
notes. As a result, the Company accelerated $7.2 million of the
unamortized bridge financing commitment fees into interest expense.
We excluded these costs from our non-GAAP measures because they are
not reflective of our ongoing financial performance.
The following items are excluded from our non-GAAP diluted
earnings per share:
Tax-Related Items: Tax adjustments associated with the non-GAAP
items discussed above as well as a discrete tax item related to the
release of a state tax credit valuation allowance resulting from
the Company’s acquisition of Linear Technology. We excluded these
tax-related items from our non-GAAP measures because they are not
associated with the tax expense on our current operating
results.
These non-GAAP measures have material limitations in that they
do not reflect all of the amounts associated with the Company’s
results of operations as determined in accordance with GAAP and
should not be considered in isolation from, or as a substitute for,
the Company’s financial results presented in accordance with GAAP.
In addition, the Company’s non-GAAP measures may not be comparable
to the non-GAAP measures reported by other companies. The Company’s
use of non-GAAP measures, and the underlying methodology when
including or excluding certain items, is not necessarily an
indication of the results of operations that may be expected in the
future, or that the Company will not, in fact, record such items in
future periods.
About Analog DevicesAnalog Devices designs and
manufactures semiconductor products and solutions. We enable our
customers to interpret the world around us by intelligently
bridging the physical and digital with unmatched technologies that
sense, measure and connect. Visit http://www.analog.com.
Forward Looking StatementsThis press release contains
forward-looking statements, which address a variety of subjects
including, for example, our statements regarding expected revenue,
earnings per share, gross margin, operating expenses, interest and
other expense, tax rate, and other financial results, expected
operating leverage, production and inventory levels, expected
market trends, and expected customer demand and order rates for our
products and expected benefits and synergies of the acquisition of
Linear Technology Corporation (“Linear Technology”), including
expected growth rates of the combined companies, expected product
offerings, product development, marketing position and technical
advances resulting from the transaction. Statements that are not
historical facts, including statements about our beliefs, plans and
expectations, are forward-looking statements. Such statements are
based on our current expectations and are subject to a number of
factors and uncertainties, which could cause actual results to
differ materially from those described in the forward-looking
statements. The following important factors and uncertainties,
among others, could cause actual results to differ materially from
those described in these forward-looking statements: any faltering
in global economic conditions or the stability of credit and
financial markets, erosion of consumer confidence and declines in
customer spending, unavailability of raw materials, services,
supplies or manufacturing capacity, changes in geographic, product
or customer mix, higher than expected or unexpected costs
associated with or relating to the acquisition of Linear Technology
and the integration of the businesses; the risk that expected
benefits, synergies and growth prospects of the acquisition may not
be fully achieved in a timely manner, or at all; the risk that
Linear Technology’s business may not be successfully integrated
with Analog Devices’; the risk that we will be unable to retain and
hire key personnel; and the risk that disruption resulting from the
acquisition may adversely affect our business and relationships
with our customers, suppliers or employees. For additional
information about factors that could cause actual results to differ
materially from those described in the forward-looking statements,
please refer to our filings with the Securities and Exchange
Commission (“SEC”), including the risk factors contained in our
most recent Quarterly Report on Form 10-Q and Annual Report on Form
10-K. Forward-looking statements represent management’s current
expectations and are inherently uncertain. Except as required by
law, we do not undertake any obligation to update forward-looking
statements made by us to reflect subsequent events or
circumstances.
Analog Devices and the Analog Devices logo are registered
trademarks or trademarks of Analog Devices, Inc. All other
trademarks mentioned in this document are the property of their
respective owners.
(ADI-WEB)
Analog Devices, Second Quarter, Fiscal 2017
Schedule
A
Revenue and Earnings Summary (Unaudited) (In thousands,
except per-share amounts)
Three Months Ended
2Q 17 1Q 17 2Q 16
April 29,2017
Jan. 28,2017 April
30,2016 Revenue $ 1,147,982 $ 984,449 $ 778,766
Year-to-year change 47 % 28 % (5 )% Quarter-to-quarter change 17 %
(2 )% 1 % Cost of sales (1) 507,539
335,945 267,863 Gross margin
640,443 648,504 510,903 Gross margin percentage 55.8 % 65.9 % 65.6
% Year-to-year change (basis points) (980 ) 390 (80 )
Quarter-to-quarter change (basis points) (1,010 )
(50 ) 360 Operating expenses:
R&D (1) 235,232 183,954 160,235 Selling, marketing and G&A
(1) 190,686 130,659 112,186 Amortization of intangibles 68,690
18,160 17,419 Special charges —
49,463 13,684 Total operating expenses
494,608 382,236 303,524 Total operating expenses percentage 43.1 %
38.8 % 39.0 % Year-to-year change (basis points) 410 210 300
Quarter-to-quarter change (basis points) 430
790 230 Operating income
145,835 266,268 207,379 Operating income percentage 12.7 % 27.0 %
26.6 % Year-to-year change (basis points) (1,390 ) 170 (370 )
Quarter-to-quarter change (basis points) (1,430 )
(860 ) 130 Other expense
59,121 32,959
12,469 Income before income tax 86,714 233,309 194,910
(Benefit) provision for income taxes (6,850 ) 16,180 24,337 Tax
rate percentage (7.9 )% 6.9 %
12.5 % Net income $ 93,564
$ 217,129 $ 170,573
Shares used for EPS - basic 341,316 308,786 308,790 Shares used for
EPS - diluted 345,654 313,076 312,250 Earnings per share -
basic $ 0.27 $ 0.70 $ 0.55 Earnings per share - diluted $ 0.27 $
0.69 $ 0.55 Dividends paid per share $ 0.45
$ 0.42 $ 0.42
(1) Includes stock-based compensation expense as follows:
Cost of sales $ 2,566 $ 1,944 $ 1,986 R&D $ 11,910 $ 7,021 $
6,646 Selling, marketing and G&A $ 8,010 $ 7,564 $ 7,327
Analog Devices, Second Quarter, Fiscal 2017
Schedule
B
Selected Balance Sheet Information (Unaudited) (In
thousands)
2Q 17 1Q 17
2Q 16 April 29,2017
Jan. 28,2017 April
30,2016 Cash & short-term investments $ 6,188,372 $
6,317,066 $ 3,754,081 Accounts receivable, net 630,353 472,511
398,979 Inventories (1) 647,858 365,586 399,459 Other current
assets 68,884 78,570
75,355 Total current assets 7,535,467 7,233,733
4,627,874 PP&E, net 1,089,319 628,924 626,162 Investments
55,815 48,690 50,680 Goodwill 12,269,501 1,677,399 1,639,165
Intangible assets, net 5,587,862 529,516 548,374 Other
84,719 85,109
78,037 Total assets $ 26,622,683
$ 10,203,371 $ 7,570,292 Deferred
income on shipments to distributors, net $ 377,792 $ 356,666 $
317,290 Other current liabilities 750,321 454,960 367,310 Debt,
current 4,321,169 — — Long-term debt 8,572,364 3,805,400 1,731,336
Deferred income taxes 2,431,410 125,196 243,263 Other non-current
liabilities 203,032 154,718 37,392 Shareholders' equity
9,966,595 5,306,431
4,873,701 Total liabilities & equity $
26,622,683 $ 10,203,371 $
7,570,292
(1) Includes $3,007, $2,553, and $2,719 related to stock-based
compensation in 2Q17, 1Q17, and 2Q16, respectively.
Analog Devices, Second Quarter, Fiscal 2017
Schedule
C
Cash Flow Statement (Unaudited) (In thousands)
Three Months Ended 2Q 17
1Q 17 2Q 16 April 29,2017
Jan. 28,2017 April
30,2016 Cash flows from operating activities: Net Income
$ 93,564 $ 217,129 $ 170,573 Adjustments to reconcile net income to
net cash provided by operations: Depreciation 48,772 34,379 33,483
Amortization of intangibles 88,770 19,947 18,440 Stock-based
compensation expense 22,486 16,529 15,959 Cost of goods sold for
inventory acquired 121,113 — — Other non-cash activity 11,078
13,071 500 Excess tax benefit - stock options (17,851 ) (8,102 )
(3,212 ) Deferred income taxes (79,980 ) (7,055 ) 539 Changes in
operating assets and liabilities 233,512
28,594 83,921 Total
adjustments 427,900 97,363
149,630 Net cash provided by operating
activities 521,464 314,492
320,203 Percent of revenue
45.4 % 31.9 % 41.1 % Cash
flows from investing activities: Purchases of short-term
available-for-sale investments (378,540 ) (326,908 ) (1,939,750 )
Maturities of short-term available-for-sale investments 1,247,493
1,844,380 1,522,688 Sales of short-term available-for-sale
investments 69,787 287,601 102,316 Additions to property, plant and
equipment (46,929 ) (28,337 ) (25,517 ) Payments for acquisitions,
net of cash acquired (9,686,497 ) (1,036 ) (2,203 ) Change in other
assets (6,117 ) (5,946 )
(2,746 ) Net cash (used for) provided by investing activities
(8,800,803 ) 1,769,754
(345,212 ) Cash flows from financing activities:
Proceeds from derivative instruments — 3,904 — Proceeds from debt
9,083,858 2,072,306 — Payments for deferred financing fees — (5,625
) — Dividend payments to shareholders (139,314 ) (129,683 )
(129,925 ) Repurchase of common stock (23,874 ) (3,106 ) (213,650 )
Proceeds from employee stock plans 52,841 34,432 16,480 Excess tax
benefit - stock options 17,851 8,102 3,212 Change in other
financing activities (2,237 ) 2,221
(2,786 ) Net cash provided by (used for)
financing activities 8,989,125
1,982,551 (326,669 ) Effect of exchange rate
changes on cash 694 (666 )
898 Net increase (decrease) in cash and
cash equivalents 710,480 4,066,131 (350,780 ) Cash and cash
equivalents at beginning of period 4,987,263
921,132 1,470,442 Cash
and cash equivalents at end of period $ 5,697,743
$ 4,987,263 $ 1,119,662
Analog Devices, Second Quarter, Fiscal 2017
Schedule
D
Revenue Trends by End Market (Unaudited)
(In
thousands)
The categorization of revenue by end
market is determined using a variety of data points including the
technical characteristics of the product, the “sold to” customer
information, the "ship to" customer information and the end
customer product or application into which our product will be
incorporated. As data systems for capturing and tracking
this data evolve and improve, the categorization of products by end
market can vary over time. When this occurs we reclassify revenue
by end market for prior periods. Such reclassifications
typically do not materially change the sizing of, or the underlying
trends of results within, each end market. The Company is in the
process of integrating Linear results into our systems and end
market classifications. As a result revenues of Linear from March
10, 2017, the acquisition date, through the end of the Company's
second quarter of fiscal 2017 are presented separately in the table
below.
Three Months Ended April
29,2017 Jan. 28,2017
April 30,2016 Revenue
% * Q/Q % Y/Y %
Revenue Revenue Industrial $ 462,913
46% 15% 20% $ 402,585 $ 384,706
Automotive 150,418 15% 8% 9% 138,764 138,398 Consumer 205,444 21%
(24)% 156% 270,146 80,385 Communications 181,744 18%
5% 4% 172,954 175,277
Total revenue (excluding
Linear revenue) $ 1,000,519
100% 2% 28% $ 984,449
$ 778,766 Linear Revenue 147,463
— — Total Revenue
$ 1,147,982 17%
47% $ 984,449 $
778,766
____________
* Percentages are based on total revenue (excluding Linear
revenue)
Analog Devices, Second Quarter, Fiscal 2017
Schedule
E
Reconciliation of Non-GAAP to GAAP Revenue and Earnings Measures
(In thousands, except per-share amounts) (Unaudited)
See "Non-GAAP Financial Information" in this press release for a
description of the items excluded from our non-GAAP measures.
Three Months Ended 2Q 17
1Q 17 2Q 16 April 29,2017
Jan. 28,2017 April 30,2016 GAAP
Revenue $ 1,147,982 $ 984,449
$ 778,766 Y/Y Revenue growth % 47
% 28 % (5 )% Q/Q Revenue
growth % 17 % (2 )% 1
% Acquisition-Related Deferred Revenues 60,759
— —
Non-GAAP Revenue
$ 1,208,741 $
984,449 $ 778,766
Y/Y Revenue growth % 55 % 28 %
(5 )% Q/Q Revenue growth % 23 %
(2 )% 1 % GAAP Gross
Margin $ 640,443 $ 648,504 $
510,903 Gross Margin Percentage 55.8 %
65.9 % 65.6 % Acquisition-Related
Deferred Revenues 46,480 — — Acquisition-Related Expenses 150,532
2,178 1,476 Acquisition-Related Transaction Costs 200
— —
Non-GAAP Gross Margin
$ 837,655 $
650,682 $ 512,379
Gross Margin Percentage 69.3 % 66.1
% 65.8 % GAAP Operating Expenses
$ 494,608 $ 382,236 $
303,524 Percent of Revenue 43.1 %
38.8 % 39.0 % Acquisition-Related
Expenses (74,861 ) (18,232 ) (17,517 ) Acquisition-Related
Transaction Costs (39,766 ) (8,011 ) — Restructuring-Related
Expense — (49,463 ) (13,684 )
Non-GAAP Operating Expenses $ 379,981
$ 306,530 $
272,323 Percent of Non-GAAP Revenue
31.4 % 31.1 % 35.0 %
GAAP Operating Income/Margin $ 145,835
$ 266,268 $ 207,379 Percent of
Revenue 12.7 % 27.0 % 26.6
% Acquisition-Related Revenues 46,480 — —
Acquisition-Related Expenses 225,392 20,410 18,993
Acquisition-Related Transaction Costs 39,966 8,011 —
Restructuring-Related Expense — 49,463
13,684
Non-GAAP Operating Income/Margin
$ 457,673 $
344,152 $ 240,056
Percent of Non-GAAP Revenue 37.9 % 35.0
% 30.8 % GAAP Other Expense
(Income) $ 59,121 $ 32,959 $
12,469 Percent of Revenue 5.1 %
3.3 % 1.6 % Amortization of Deferred
Financing Costs — (7,214 ) —
Non-GAAP Other Expense $ 59,121
$ 25,745 $
12,469 Percent of Non-GAAP Revenue 4.9
% 2.6 % 1.6 % GAAP Diluted
EPS $ 0.27 $
0.69 $ 0.55 Acquisition-Related
Deferred Revenue 0.13 — — Acquisition-Related Expenses 0.65 0.07
0.06 Acquisition-Related Transaction Costs 0.12 0.03 —
Restructuring-Related Expense — 0.16 0.04 Amortization of Deferred
Financing Costs — 0.02 — Income Tax Effect of Above Items (0.09 )
(0.03 ) — Impact of State Tax Valuation Release (0.05 )
— —
Non-GAAP Diluted EPS (1)
$ 1.03 $ 0.94
$ 0.64
(1) The sum of the individual per share amounts may not equal
the total due to rounding
Analog Devices, Second Quarter, Fiscal 2017
Schedule
F
Reconciliation of Free Cash Flow to Net
Cash Flows Provided by Operating Activities
(Unaudited) (In thousands) Three Months
Ended 2Q 17 1Q 17 2Q 16 April
29,2017 Jan. 28,2017
April 30,2016 Net cash provided by operating
activities $ 521,464 $ 314,492 $ 320,203 % of Revenue 43.1 % (1)
31.9 % 41.1 % Capital expenditures (46,929 ) (28,337 )
(25,517 ) Free cash flow $ 474,535 $ 286,155
$ 294,686 % of Revenue 39.3 % (1) 29.1 % 37.8
%
(1) 2Q17 Revenue on a non-GAAP basis and includes
acquisition-related deferred revenue outlined on Schedule E.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170531005303/en/
Analog Devices, Inc.Mr. Ali Husain, 781-461-3282781-461-3491
(fax)Treasurer and Head of Investor
Relationsinvestor.relations@analog.com
Grafico Azioni Analog Devices (NASDAQ:ADI)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Analog Devices (NASDAQ:ADI)
Storico
Da Set 2023 a Set 2024