Cirrus Logic Inc Stock Price, News & Analysis

Cirrus Logic (NASDAQ: CRUS) reported strong financial results for Q4 and full fiscal year 2025. The company achieved $424.5 million in Q4 revenue and $1.90 billion for FY25, representing a 6% year-over-year growth. FY25 saw record earnings per share, with GAAP EPS of $6.00 and non-GAAP EPS of $7.54.

Key achievements include shipping their latest boosted amplifier, introducing their first 22-nanometer smart codec, growing presence in the laptop market, and launching new general market components. For Q1 FY26, Cirrus expects revenue between $330-390 million with GAAP gross margin of 51-53%. The Board authorized an additional $500 million share repurchase program in March 2025.

Cirrus Logic (NASDAQ: CRUS) has announced it will release its fourth quarter and full fiscal year 2025 financial results and business outlook on Tuesday, May 6, at approximately 4 p.m. EDT. The company will follow this with a live Q&A webcast session at 5 p.m. EDT to address questions about the financial results and business outlook.

A replay of the Q&A session will be made available on the company's Investor Relations website approximately two hours after the call's completion. Alternatively, the replay can be accessed by calling (609) 800-9909 or toll-free at (800) 770-2030 with Access Code: 95424.

Cirrus Logic (NASDAQ: CRUS) has appointed Jeff Woolard as chief financial officer, effective February 24, 2025. Woolard brings over 30 years of technology industry experience, with expertise in corporate finance, strategy, M&A, and business optimization. He joins from Velocity Global, where he served as CFO since September 2023. Previously, he held CFO positions at Solidigm and spent 25 years at Intel in senior finance roles, helping complete over $60B in M&A transactions.

Woolard has served on the Board of Directors for McAfee Corp. and Care Innovations. He holds an MBA from the University of Washington and a BS in Finance from Arizona State University. He succeeds Ulf Habermann, who served as interim CFO and will continue as Principal Accounting Officer, Treasurer, and Senior Vice President of Finance.

Cirrus Logic (NASDAQ: CRUS) reported strong fiscal Q3 2025 results with revenue of $555.7 million, significantly exceeding guidance. The company achieved GAAP and non-GAAP gross margin of 53.6%, with GAAP EPS of $2.11 and non-GAAP EPS of $2.51.

Performance was driven by higher-than-expected smartphone shipments, particularly strong demand for smartphone audio components, including their latest-generation custom boosted amplifier and first 22-nanometer smart codec. The company also gained momentum in their laptop business through inclusion in Intel Arrow Lake reference design.

For Q4 FY25, Cirrus Logic projects revenue between $350 million and $410 million, with GAAP gross margin forecasted between 51-53%. Combined GAAP R&D and SG&A expenses are expected to range from $141 million to $147 million.

Cirrus Logic (NASDAQ: CRUS) has announced it will release its third quarter fiscal year 2025 financial results and business outlook on Tuesday, February 4, at approximately 4 p.m. EST. The company will host a live Q&A webcast session at 5 p.m. EST on the same day to discuss the results and outlook. A replay of the Q&A session will be available on their website approximately two hours after the call's completion, or via phone at (609) 800-9909 or toll-free at (800) 770-2030 (Access Code: 95424).

Cirrus Logic (CRUS) has announced a collaboration with Intel to launch a reference design for Intel® Core™ Ultra processors (series 2), focusing on enhanced audio solutions. The design supports five audio architectures with configurations ranging from two to six speakers, compatible with full-range speakers or tweeter and woofer combinations.

The solution aims to deliver superior sound quality, lower power consumption, and flexible audio options across various PC segments from mainstream to premium. Cirrus Logic's audio codec and amplifier chips enable clear audio while extending battery life through their low-power IP. The reference design simplifies the validation process for PC manufacturers through extensive optimization and testing by both companies.

Cirrus Logic (CRUS) has launched a new generation of timing devices - CS2500, CS2501, and CS2600 - targeting automotive and professional audio applications. These devices offer enhanced performance with less than 50ps baseband jitter and provide seamless upgrade paths for existing customers using CS2000, CS2100, CS2200, and CS2300 series.

Key features include clean clock generation, automatic rate detection, glitchless clock transitioning, and phase sync loop for precise alignment of multiple audio signals. The devices are designed to optimize audio performance in demanding applications while ensuring system synchronization. Full production is scheduled for May 2025, with samples currently available to qualified customers.

Cirrus Logic (CRUS) has announced its participation in the Barclays Annual Global Technology Conference in San Francisco. President and CEO John Forsyth and Interim CFO Ulf Habermann will deliver a presentation on December 12, 2024, at 1:20 p.m. PST.

The presentation will be accessible through a live webcast and replay on the company's investor relations website. Cirrus Logic, headquartered in Austin, Texas, specializes in low-power, high-precision mixed-signal processing solutions for mobile and consumer applications, and is known for its award-winning corporate culture.

Cirrus Logic (CRUS) reported record Q2 FY25 financial results with revenue of $541.9 million, reaching the top end of guidance due to strong smartphone product demand. The company achieved a 52.2% GAAP gross margin and $1.83 GAAP EPS ($2.25 non-GAAP). During the quarter, Cirrus began shipping its next-generation custom boosted amplifier and first 22nm smart codec in new smartphones, while expanding in the laptop market with a high-volume mainstream design win. For Q3 FY25, revenue guidance is set between $480-540 million with GAAP gross margin projected at 51-53%.