Cirrus Logic

Cirrus Logic, Inc. engages in the development of high-precision, analog and mixed-signal integrated circuits for a range of customers. It builds an analog and signal-processing patent portfolio. The firm delivers optimized products for a variety of audio, industrial and energy-related applications. Its product lines include portable audio products and non-portable audio and other products. The company was founded by Suhas S. Patil and Michael L. Hackworth in 1984 and is headquartered in Austin, TX.

Earnings data Q4 2021

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Cirrus Logic reports record revenue, faces challenges, eyes PC market

Cirrus Logic's strong performance in smartphone components drove record revenue, but challenges with a new HPMS product and market weakness pose near-term concerns. However, the company's focus on expanding into new applications and markets, including the PC market, presents growth opportunities.

CRUS reports strong Q1 earnings, eyes PC market opportunities

CRUS delivered strong Q1 FY 2024 results, making progress in core strategic areas and expressing excitement about future opportunities. The company is focused on maintaining leadership in smartphone audio, expanding into new markets, and optimizing cost structure.

Cirrus Logic reports record revenue and strategic market expansion

Cirrus Logic's Q3 performance reflects robust revenue, strong margins, and strategic expansion into new markets, while facing challenges of declining unit volumes and macro uncertainties.
The company's strengths lie in innovative product development, diversification beyond audio, and record revenue in key markets, positioning it for future growth.
Opportunities include laptop market expansion, margin optimization strategies, and engagement initiatives for investor interest and market visibility.

Cirrus Logic achieves record revenue in FY '23, eyes new markets

Cirrus Logic's strong performance in FY '23, focus on innovation, and strategic growth initiatives demonstrate resilience and potential for future success. While facing challenges in product development and market conditions, the company's proactive approach to exploring new markets and maintaining financial discipline bodes well for long-term growth.

Cirrus Logic beats revenue expectations, eyes growth in new markets

Cirrus Logic's Q1 performance reflects resilience amidst market challenges, with a focus on innovation and cost optimization.
The company's strategic strengths lie in smartphone audio leadership, market diversification, and strong financial position.
Challenges include workforce reduction, inventory management, and cash flow concerns, which require attention for sustained growth.
Opportunities in revenue growth, new market expansion, and stakeholder engagement position Cirrus Logic for future success and market leadership.

Cirrus Logic meets Q2 revenue, eyes laptop and AI growth

Cirrus Logic delivered strong financial performance in Q2, meeting revenue expectations.
Strategic priorities in smartphone audio and expansion into laptops demonstrate growth potential.
Challenges include increased operating expenses and negative free cash flow in the quarter.
Opportunities lie in laptop and Android markets, diversification efforts, and AI-enabled processing.

Cirrus Logic achieves record Q3 results, eyes new markets and M&A

Cirrus Logic delivered exceptional financial performance in Q3 2024, setting records in revenue and earnings per share. Strong cash reserves, reduced inventory, and strategic investments position the company for growth. Challenges in revenue guidance and maintaining margins are being addressed, while opportunities in new markets and potential M&A offer avenues for expansion.

Cirrus Logic surpasses Q1 revenue expectations, eyes new market expansion

Cirrus Logic's Q1 performance exceeded expectations, driven by strong smartphone shipments and new product launches. With a solid financial position and a focus on expanding into new markets, the company is poised for continued growth. However, challenges in maintaining momentum and navigating industry dynamics remain, while opportunities exist in product diversification and market expansion.

Cirrus Logic reports record revenue in Q2 2025, eyes new markets

Cirrus Logic delivered strong financial performance in Q2 2025, driven by record revenue and solid operational metrics.
While facing challenges such as market uncertainties and expense management, the company's strategic strengths and growth opportunities position it for future success.
With a focus on innovation, market expansion, and financial prudence, Cirrus Logic remains optimistic about its growth trajectory and product development.

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Cirrus Logic, Inc. engages in the development of mixed-signal processing solutions. Its product lines include audio and High-Performance Mixed-Signal (HPMS) products. It operates through the following geographical segments: China, Hong Kong, Vietnam, South Korea, India, United States, and Rest of World. The company was founded by Suhas S. Patil and Michael L. Hackworth in 1984 and is headquartered in Austin, TX.

Cirrus Logic's stock opened 13.4% higher following strong fourth-quarter earnings and bullish guidance. Q4 revenue was steady year-over-year at $372 million, exceeding Wall Street forecasts by a wide margin.

Why Cirrus Logic Stock Soared Today

Cirrus Logic's (CRUS) fiscal fourth-quarter performance benefits from solid sales of smartphones amid a reduction of the general market and custom components.

Cirrus Logic (CRUS) Q4 Earnings & Revenues Top Estimates

Cirrus Logic, Inc. (NASDAQ:CRUS ) Q4 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chelsea Heffernan - Vice President, Investor Relations John Forsyth - President & Chief Executive Officer Venk Nathamuni - Chief Financial Officer Conference Call Participants Matt Ramsay - TD Cowen Christopher Rolland - Susquehanna Tore Svanberg - Stifel Thomas O'Malley - Barclays Ananda Baruah - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Fourth Quarter and Full Fiscal Year 2024 Financial Results Q&A Session.

Cirrus Logic, Inc. (CRUS) Q4 2024 Earnings Call Transcript

Cirrus Logic (CRUS) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.92 per share a year ago.

Cirrus Logic (CRUS) Q4 Earnings and Revenues Beat Estimates

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the fourth quarter and full fiscal year 2024, which ended March 30, 2024, as well as the company's current business outlook. “Cirrus Logic made excellent progress in FY24. During the year, we introduced a third-generation camera controller, ramped new products in support of our growing momentum in t.

Cirrus Logic Reports Fiscal Fourth Quarter Revenue of $371.8 Million and Full Fiscal Year 2024 Revenue of $1.79 Billion

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its fourth quarter and full fiscal year 2024 financial results and business outlook on the Investor Relations area of its website on Tuesday, May 7, at approximately 4 p.m. EDT. Cirrus Logic will host a live Q&A webcast session at 5 p.m. EDT that same day to answer questions related to its financial results and business outlook. A replay of the Q&A session will be available on th.

Cirrus Logic to Report Fourth Quarter and Full Fiscal Year 2024 Results

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Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?

Why Is Cirrus Logic (CRUS) Up 1.6% Since Last Earnings Report?

With so much of the talk around semiconductor stocks dominated by the likes of NVIDIA Corp NASDAQ: NVDA, Advanced Micro Dynamics NASDAQ: AMD, and the like, it's easy to think there aren't that many smaller-cap chip stocks floating about. However, even with a market cap of less than $5 billion, compared to NVIDIA's $1.7 trillion, Cirrus Logic, Inc. NASDAQ: CRUS can still pack a punch.

Cirrus Logic: A chip stock you're going to hear a lot more about

Cirrus Logic's stock soared up to 19% after reporting third-quarter earnings that smashed Wall Street expectations. Despite its heavy reliance on Apple, Cirrus Logic is making strides in diversifying its product range and customer base.

Why Cirrus Logic Stock Closed 15% Higher on Wednesday

Cirrus Logic's (CRUS) fiscal third-quarter performance benefits from solid sales of components shipping and smartphones.

Cirrus Logic (CRUS) Q3 Earnings & Revenues Top Estimates, Up Y/Y

Cirrus Logic, Inc. (CRUS) Q3 2024 Earnings Call Transcript

Cirrus Logic (CRUS) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $2.40 per share a year ago.

Cirrus Logic (CRUS) Q3 Earnings and Revenues Top Estimates

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the third quarter fiscal year 2024, which ended December 30, 2023, as well as the company's current business outlook. “Cirrus Logic delivered record revenue and earnings per share in the December quarter,” said John Forsyth, Cirrus Logic president and chief executive officer. “In addition to our out.

Cirrus Logic Reports Record Revenue of $619.0 Million for Fiscal Third Quarter

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS) announced today a collaboration with Intel and Microsoft on a new PC reference design which will feature Cirrus Logic's high-performance audio and power technologies and Intel's forthcoming client processor, codenamed Lunar Lake. In addition to creating a richer, more immersive audio experience for laptops, this collaboration will also reduce heating, extend battery life, and enable smaller, thinner designs. The reference design featur.

Cirrus Logic, Intel, and Microsoft Announce Latest Reference Design to Enable “Cool, Quiet, and High Performance” PCs

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Investors interested in stocks from the Electronics - Semiconductors sector have probably already heard of United Microelectronics Corporation (UMC) and Cirrus Logic (CRUS). But which of these two stocks is more attractive to value investors?

UMC vs. CRUS: Which Stock Should Value Investors Buy Now?

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AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) congratulates Deirdre Hanford, a member of Cirrus Logic's Board of Directors since 2018, on her appointment as CEO of Natcast, the expected operator of the CHIPS for America National Semiconductor Technology Center, once established. Created as a focal point for research and engineering, Natcast aims to bring together the U.S. government and key stakeholders from the semiconductor ecosystem to address the most challenging barrier.

Deirdre Hanford's Appointment as CEO of the National Center for the Advancement of Semiconductor Technology

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its third quarter fiscal year 2024 financial results and business outlook on the Investor Relations area of its website on Tuesday, Feb. 6, at approximately 4 p.m. EST. Cirrus Logic will host a live Q&A webcast session at 5 p.m. EST that same day to answer questions related to its financial results and business outlook. A replay of the Q&A session will be available on the website.

Cirrus Logic to Report Third Quarter Fiscal Year 2024 Results

NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Flewber Global Inc., an innovator in local and regional air taxi operations, today announced the acquisition of its first Cirrus Vision Jet for its upcoming Flewber Hops personal air mobility service, where Flewber is bringing the convenience of ride-hailing from the street to the sky. This marks a significant step forward in Flewber's mission to revolutionize air travel by offering local on-demand, per-seat Hops air taxis and whole aircraft regional Hops air mobility services.

Flewber Global Inc. Acquires First Cirrus Vision Jet for Flewber Hops Personal Air Mobility Service

Cirrus Logic reported better than expected earnings but fell short of our expectations. The company's earnings were impacted by a collapse in general market product sales. Cirrus expects growth opportunities in Apple's revolutionary products, power control, personal computers, and an undisclosed new product line.

Cirrus Logic In 2024 And 2025 Continued

Cirrus Logic's (CRUS) fiscal second-quarter performance is affected due to a reduction in components shipping of smartphones and lower general market sales.

Cirrus Logic (CRUS) Q2 Earnings Top Estimates, Decline Y/Y

Cirrus Logic, Inc. (NASDAQ:CRUS ) Q2 2024 Earnings Conference Call November 2, 2023 6:00 PM ET Company Participants Chelsea Heffernan - Director, IR John Forsyth - CEO, President & Director Venkatesh Nathamuni - CFO & Principal Accounting Officer Conference Call Participants Matt Ramsay - TD Cowen Christopher Rolland - Susquehanna Tore Svanberg - Stifel Blayne Curtis - Barclays Ananda Baruah - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Second Quarter Fiscal Year 2024 Financial Results Q&A session.

Cirrus Logic, Inc. (CRUS) Q2 2024 Earnings Conference Call Transcript

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the second quarter fiscal year 2024, which ended September 23, 2023, as well as the company's current business outlook. “Cirrus Logic delivered revenue near the top end of guidance in the September quarter,” said John Forsyth, Cirrus Logic president and chief executive officer. “We also continued ou.

Cirrus Logic Reports Fiscal Second Quarter Revenue of $481.1 Million

Cirrus Logic is currently out of favor in the market due to various factors, including a higher tax rate and the loss of an Apple chip win. Despite this, the recommendation for the stock has changed from hold to buy. The focus is on the future performance of the company and its potential for growth.

News for Cirrus Logic Stock (CRUS)