LONDON, March 16, 2015 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Investor-Edge.com has issued free post-earnings coverage on Analog Devices Inc. (NASDAQ: ADI). On February 17, 2015, the company reported its Q1 FY15 financial results (period ended January 31, 2015). Click on http://get.Investor-Edge.com/pdf/?c=Analog%20Devices&d=16-Mar-2015&s=ADI to read our free earnings review on Analog Devices Inc. (ADI). The company's GAAP gross margin improved 10 basis points Y-o-Y during Q1 FY15. President and CEO of ADI, Vincent T. Roche, stated the company executed well in Q1 FY15, with results that were near the high end of its guidance range and year-over-year revenue growth of 23%. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=Analog%20Devices&d=16-Mar-2015&s=ADI

Earnings Overview

During Q1 FY15, ADI's revenue grew to $771.99 million from $628.24 million in Q1 FY14. The company's reported revenue exceeded Bloomberg analysts' forecasts of $760.52 million. ADI's Q1 FY15 GAAP and non-GAAP gross margin percentage stood at 65.2% and 65.6%, respectively, compared to 65.1%, each, in Q1 FY14. Moreover, the company's GAAP operating expenses increased to $295.67 million in Q1 FY15 from $229.51 million in Q1 FY14. Free research on ADI can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Analog%20Devices&d=16-Mar-2015&s=ADI

In Q1 FY15, ADI's GAAP net income increased to $178.76 million, or $0.57 per diluted share, from $152.59 million, or $0.48 per diluted share, in Q1 FY14. Analysts from Bloomberg had expected the company to report Q1 FY15 GAAP net income of $168.23 million, or $0.53 per diluted share. Furthermore, ADI's non-GAAP diluted earnings per share (EPS) for Q1 FY15 increased to $0.63 from $0.49 per diluted share in Q1 FY14.

During Q1 FY15, ADI announced an 8% increase in quarterly cash dividend from $0.37 to $0.40 per outstanding share of common stock. The dividend payment was made on March 10, 2015, to all shareholders of record at the close of business on February 27, 2015.

Mr. Roche informed that, as typically happens, order rates improved in January, particularly in the industrial and automotive end markets, and have remained strong thus far. Accordingly, the company is planning for strong growth in the second quarter, with significant operating leverage, he added. Sign up and read the free analyst's notes on ADI at:

http://get.Investor-Edge.com/pdf/?c=Analog%20Devices&d=16-Mar-2015&s=ADI

For Q2 FY15, the company expects GAAP and non-GAAP revenues in the range of $810 million to $830 million, each. ADI's GAAP and non-GAAP gross margin is anticipated to be approximately 66.5% each. The company expects GAAP operating expenses to be approximately flat compared to Q1 FY15 values, whereas as non-GAAP operating expenses is expected to increase 2% to 3% sequentially, during Q2 FY15. Further, the company's GAAP and non-GAAP interest and other expenses are projected to be $5.0 million, each. ADI's GAAP and non-GAAP tax rate for Q2 FY15 is projected to be approximately 16.5% and 15%, respectively. In addition, the company expects GAAP EPS to be in the range of $0.62 to $0.66, and non-GAAP EPS to be in the range of $0.70 to $0.74.

Stock Performance

On the day following the earnings release, February 18, 2015, ADI's stock edged 0.73% lower, to end the session at $58.38. Since then, the stock has moved both ways. On the last close, Friday, March 13, 2014, the company's stock finished at $57.53, up 0.03%, after vacillating between $56.80 and $57.70. A total of 1.28 million shares were traded which was below their three months average volume of 1.82 million shares. Over the last one month and over the previous three months, the company's shares have advanced 0.84% and 2.89%, respectively. Further, the stock has gained 14.85% in the past one year. Shares in ADI closed above their 50-day and 200-day moving averages of $55.90 and $52.66, respectively. Furthermore, the stock traded at a PE ratio of 23.38 and has a Relative Strength Index (RSI) of 51.07. Visit Investor-Edge and access the latest research on ADI at:

http://get.Investor-Edge.com/pdf/?c=Analog%20Devices&d=16-Mar-2015&s=ADI

Sneak Peek to Corporate Insider Trading

In the last one month, there were 21 insider transactions made by nine individuals. Between February 20, 2015 and March 12, 2015, a total of 151,368 shares have been purchased at an average price of $34.14 per share and for a total value of $5.17 million. During the stated period, a total of 227,966 shares were also disposed at an average price of $59.30 per share and for a total of $13.52 million. The following are a few of the abovementioned transactions: on February 24, 2015, Ray Stata, Chairman of the Board at ADI, disposed 75,000 shares at an average price of $59.37 per share. On the same day, Vincent T. Roche purchased 50,000 shares at an average price of $39.44 and sold an equal number of shares at an average price of $59.56 per share; and Robert R. Marshall, Senior Vice President- Worldwide Manufacturing at ADI, bought 50,000 shares at an average price of $29.91 per share and disposed an equal number of shares at an average price of $59.35 per share. Complimentary in-depth research on ADI is available at:

http://get.Investor-Edge.com/pdf/?c=Analog%20Devices&d=16-Mar-2015&s=ADI

About Investor-Edge.com

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge