Welcome to our dedicated page for Cirrus Logic news (Ticker: CRUS), a resource for investors and traders seeking the latest updates and insights on Cirrus Logic stock.
Cirrus Logic Inc (NASDAQ: CRUS) delivers cutting-edge semiconductor solutions for audio and voice processing in consumer electronics. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, technological advancements, and market positioning.
Access real-time announcements including quarterly earnings reports, product launch details, and strategic partnership disclosures. Our curated collection features official press releases alongside verified third-party coverage, offering a complete picture of Cirrus Logic's innovations in low-power integrated circuits and smart device technologies.
Key focus areas include updates on audio signal processing advancements, patent portfolio expansions, and global market initiatives. Stay informed about the company's role in powering next-generation smartphones, wearables, and smart home ecosystems through its energy-efficient chip designs.
Bookmark this page for streamlined access to CRUS developments that impact semiconductor industry trends and investment considerations. Regular updates ensure you maintain awareness of critical announcements affecting Cirrus Logic's position in the competitive technology landscape.
Cirrus Logic, Inc. (CRUS) reported strong financial results for the fourth quarter and fiscal year 2022, with revenues increasing by 30% year over year. The fourth quarter revenue reached $490 million and full-year revenue totaled $1.78 billion. GAAP earnings per share for the year were $5.52, while non-GAAP EPS was $6.90. Looking ahead, the company forecasts first-quarter FY23 revenues between $350 million and $390 million, with a gross margin of 49% to 51%. Cirrus Logic aims to leverage its expertise in mixed-signal processing to explore new markets and applications.
Cirrus Logic Inc. (NASDAQ: CRUS) announced the appointment of Venk Nathamuni as its new chief financial officer, effective April 18, 2022. With over 30 years of experience in the semiconductor industry, Venk brings expertise in corporate finance, strategy, and investor relations. He previously held senior roles at Arista Networks and Maxim Integrated Products. Thurman Case, the outgoing CFO, will remain in an advisory role until his retirement in November 2022. This leadership change aims to drive long-term revenue growth and enhance shareholder value.
Cirrus Logic (Nasdaq: CRUS) is set to announce its fourth quarter and full fiscal year 2022 financial results on May 3, at approximately 4 p.m. EDT. A live Q&A webcast will follow at 5 p.m. EDT to discuss the results and outlook. Investors can submit questions via email. A replay of the session will be available shortly after its conclusion. Cirrus Logic specializes in low-power mixed-signal processing solutions, serving leading mobile and consumer applications from its headquarters in Austin, Texas.
Cirrus Logic Inc. (NASDAQ: CRUS) has appointed Denise Grodé as its new Chief Human Resources Officer. With over 20 years of experience, Grodé is expected to enhance the company's HR strategy and support talent management globally. Previously, she served at Centene Corporation, where she led a human resources transformation. Her role includes fostering diversity and inclusion while strengthening corporate culture. Cirrus Logic is known for its low-power, high-precision mixed-signal processing solutions and is headquartered in Austin, Texas.
Cirrus Logic, Inc. (Nasdaq: CRUS) will have President and CEO John Forsyth present at the Morgan Stanley Technology, Media & Telecom Conference on March 7 at 1:15 p.m. PST. A live webcast of this presentation will be accessible through the company's investor relations website, with an archived replay available afterwards. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions for mobile and consumer applications.
Cirrus Logic, Inc. (CRUS) reported record revenue of $548.3 million for Q3 FY22, exceeding guidance, driven by high-performance mixed-signal content in smartphones. GAAP gross margin remained strong at 52.8%, with GAAP EPS at $2.16. The company is investing in technologies targeting sensing, power, and battery systems to diversify its portfolio. For Q4 FY22, revenue is projected between $400 million and $440 million, with expected gross margins between 51% and 53%.
Cirrus Logic, Inc. (NASDAQ: CRUS) will release its third-quarter fiscal year 2022 financial results and business outlook on January 31 at 4 p.m. EST. A live Q&A session will follow at 5 p.m. EST for shareholders to discuss the results. Participants can submit questions via email. The Q&A replay will be available two hours after the event on the company's website. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions, serving top mobile and consumer applications.
Cirrus Logic, Inc. (Nasdaq: CRUS) announced that CEO John Forsyth will present at the Barclays Global Technology, Media and Telecommunications Conference on Dec. 8 at 3:35 p.m. EST. A live webcast will be accessible via the company’s investor relations website, with an archived replay available after the event. Cirrus Logic is a leader in low-power, high-precision mixed-signal processing solutions, headquartered in Austin, Texas.
Cirrus Logic, Inc. (Nasdaq: CRUS) announced the planned retirement of Chief Financial Officer Thurman Case. Mr. Case, who has been with the company for 21 years, will assist in the transition to a new CFO following a thorough search for his successor. John Forsyth, president and CEO, praised Case's leadership and contributions, emphasizing the company's growth trajectory during his tenure. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions, enhancing user experiences in mobile and consumer applications.
Cirrus Logic reported a remarkable 34% year-over-year revenue growth for Q2 FY22, achieving $465.9 million in revenue and a GAAP EPS of $1.43. The company has successfully expanded its high-performance mixed-signal product line, with this segment contributing 30% to total revenue in the first half of FY22, growing 117% year-over-year. The outlook for Q3 FY22 predicts revenue between $490 million and $530 million, with gross margins between 50% and 52%.
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