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

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

On Tuesday, Cirrus Logic Inc. (NASDAQ:CRUS) shares edged slightly higher after announcing its most recent quarterly results. The company reported its FQ2 2022 revenue and earnings Monday after markets closed, beating the consensus for Street expectations.

Is it safe to buy Cirrus Logic shares after solid FQ2 results?

Cirrus Logic's (CRUS) Q2 results reflect gains from high-performance mixed-signal contents, increased volumes of smartphones and audio component shipping for laptops.

Cirrus Logic's (CRUS) Q2 Earnings & Revenues Beat Estimates

Cirrus Logic, Inc. (CRUS) CEO John Forsyth on Q2 2022 Results - Earnings Call Transcript

Cirrus Logic (CRUS) delivered earnings and revenue surprises of 11.66% and 3.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Cirrus Logic (CRUS) Q2 Earnings and Revenues Beat Estimates

Cirrus Logic (NASDAQ:CRUS) reported its Q2 earnings results on Monday, November 1, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Cirrus Logic: Q2 Earnings Insights

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that Thurman Case is planning to retire from his position as chief financial officer. Mr. Case will remain in his role and will work to help ensure a seamless transition following a comprehensive search to identify his successor. “On behalf of the entire Cirrus Logic team, I would like to thank Thurman for his leadership and valuable contributions over his 21 years with the company,” said John Forsyth, Cirrus Logi

Cirrus Logic Announces CFO Retirement

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today posted on its website at http://investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the second quarter fiscal year 2022, which ended Sept. 25, 2021, as well as the company's current business outlook. “Cirrus Logic reported record revenue and EPS for the September quarter and delivered solid year-over-year operating profit growth,” said John Forsyth, Cirrus Logic president an

Cirrus Logic Reports Q2 FY22 Revenue of $465.9 Million

Cirrus Logic (NASDAQ:CRUS) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.

Earnings Preview: Cirrus Logic

Cirrus Logic (CRUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cirrus Logic (CRUS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that the company will post its second quarter fiscal year 2022 financial results and business outlook on the investor relations area of its website on Monday, Nov. 1, 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. Shareholders who would like to submit a question to be addressed

Cirrus Logic to Announce Q2 Results November 1

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) has announced that Raghib Hussain has been named to the company's Board of Directors, effective Sept. 29. Hussain currently serves as president, Products and Technologies, for Marvell Technology, Inc. “We are delighted to welcome Raghib to the Cirrus Logic Board of Directors,” said John Forsyth, president and chief executive officer, Cirrus Logic. “With a deep knowledge of the semiconductor industry, strong technical expertise an

Cirrus Logic Appoints Marvell Technology's Raghib Hussain to Board of Directors

Cirrus Logic has strong growth drivers which will support share price appreciation in the long term. The company's audio and power-related products will drive revenue growth in the next five years.

Cirrus Logic: An Impressive Long-Term Revenue Growth Story

Applied Materials

Investors looking for growth stocks trading on the cheap should take a closer look at these two companies.

2 Bargain Stocks to Buy and Hold for the Next 5 Years

Cree

Synopsys

Bank of America remains bullish on semiconductor stocks heading into the fourth quarter, but the firm issued three semi stock downgrades Friday and said stock selection is critical at the moment. The Semiconductor Analyst:

BofA Downgrades Synopsys, Cirrus Logic, Cree, Names Top Q4 Semi Picks

BofA analyst Vivek Arya downgraded Cirrus Logic Inc (NASDAQ:CRUS) to Underperform from Neutral with a $92 price target, implying a 4.3% upside. Arya is "impressed" with management's ability to innovate organically and drive new content growth.

BofA Downgrades Cirrus Logic Over Higher Apple Exposure

Five9

Macy's

Spotify

Analyst ratings measure the expected performance of a stock during a given time period.  Traders and investors should know analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders.

Analysts Upgraded Macy's, Spotify, Five9 And Cirrus Logic This Week

On Tuesday, Cirrus Logic Inc. (NASDAQ:CRUS) shares surged 3% in the morning hours before pulling back later for a net gain of about 1.16%. The spike came after Barclays analysts upgraded the CRUS stock from equal-weight to overweight citing opportunities in Android for both audio and power.

Should you buy Cirrus Logic shares in September 2021 after Barclays upgrade?

Semiconductor stock Cirrus Logic, Inc. (NASDAQ:CRUS) received a bull note from Barclays this morning, with the firm upgrading its rating to "overweight" from "equal weight," alongside a price-target hike to $100 from $95.

Semiconductor Name Upgraded on FAANG Tailwinds

Barclays analyst Blayne Curtis upgraded Cirrus Logic Inc (NASDAQ:CRUS) to Overweight from Equal Weight with a price target of $100, up from $95, signifying a 19.6% upside. Curtis sees a path to further content gains at Apple Inc (NASDAQ:AAPL) over the next several years for Cirrus and Android opportunities in audio and power.

Barclays Upgrades Cirrus Logic To Overweight, Increased PT Implies 20% Upside

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

Cirrus Logic (CRUS) Up 0.9% Since Last Earnings Report: Can It Continue?

Cirrus slightly beat estimates for its June quarter. But, it guided revenue for the September quarter near $500 million, an enormous number.

Expanding Logic, Cirrus Logic That Is

EVERGREEN, Colo.--(BUSINESS WIRE)--Cirrus, a provider of cloud-based document management software, has announced the appointment of Bruce Schuman to its board of directors. With nearly 30 years of industry experience in investing and advising venture-backed technology companies, Schuman brings innovative thinking and a successful track record in helping companies grow at scale to deliver shareholder value amidst increased industry demand for Cirrus' services. For more than 25 years, Schuman wor

Cirrus Announces Appointment of Bruce Schuman to Board of Directors

KLA-Tencor

Block

Twilio

ZoomInfo Technologies

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Square and Twilio.

Wall Street's top analysts believe these stocks could be long-term winners

The 5G smartphone market is a big catalyst for a tech company that's been delivering impressive results recently.

Should You Buy This Tech Stock on the Verge of Breaking Out?

EVERGREEN, Colo.--(BUSINESS WIRE)-- #Banking--Cirrus customers have successfully accelerated the origination of more than $10 billion in loans and grants through its platform.

News for Cirrus Logic Stock (CRUS)