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. develops low-power, high-precision mixed-signal processing and integrated circuit products for mobile, consumer, PC, automotive, industrial, imaging, and professional audio applications. Company news commonly covers quarterly shareholder letters, revenue drivers tied to smartphone components and PC design activity, and efforts to diversify beyond portable audio into broader general-market products.
Updates also include launches of industrial imaging analog front-end ICs for scanners and machine-vision scanning platforms, automotive-qualified closed-loop haptic drivers, and components used for audio, voice capture, camera control, sensing, battery, and power functions.
Cirrus Logic, Inc. (NASDAQ: CRUS) will release its second quarter fiscal year 2023 financial results on November 1 at 4 p.m. EDT. Following the earnings announcement, the company will host a live Q&A session at 5 p.m. EDT to discuss its financial performance and business outlook. Investors can access the replay of the Q&A session on the company’s website. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions, serving top mobile and consumer applications globally.
Cirrus Logic (Nasdaq: CRUS) will present at the KeyBanc Technology Leadership Forum on August 8 at 9:00 a.m. MDT in Vail, Colorado. CFO Venk Nathamuni and VP Carl Alberty will represent the company. A live webcast will be available on the investor relations website, with an archived replay accessible afterward.
Cirrus Logic (Nasdaq: CRUS) announced a $500 million share repurchase program, adding to the remaining $136.1 million from a prior authorization. The company reported a record revenue of $393.6 million for Q1 FY23, exceeding guidance, driven by strong smartphone demand. GAAP earnings per share were $0.69, with non-GAAP EPS at $1.12. Forecasts for Q2 FY23 revenue range between $450 million and $490 million, with anticipated gross margins of 49% to 51%. A live Q&A will be held today to discuss results and outlook.
Cirrus Logic has announced that John Melanson, a senior technical fellow, has been awarded his 500th U.S. patent, marking him as one of the world's top inventors. His patents, which include innovations in audio and LED technology, have significantly impacted consumer electronics and environmental efficiency. Notable achievements include contributions to low-power digital signal processors for hearing aids and advancements in digital audio editing. Melanson holds 68 pending patents, further solidifying his influence in technology.
Cirrus Logic, Inc. (NASDAQ: CRUS) will release its first quarter fiscal year 2023 financial results on Tuesday, Aug. 2, at approximately 4 p.m. EDT. The company will also conduct a live Q&A webcast at 5 p.m. EDT to discuss these results and its business outlook. A replay of the session will be accessible two hours post-call via its website. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions.
Cirrus Logic, Inc. (Nasdaq: CRUS) has announced upcoming presentations at two investor conferences. On June 1, CEO John Forsyth and CFO Venk Nathamuni will present at the Cowen 50th Annual Technology, Media & Telecom Conference in New York at 8:30 a.m. EDT. Following this, on June 7, the same executives will present at the Stifel 2022 Cross Sector Insight Conference in Boston at 1:15 p.m. EDT. Live webcasts of these events will be accessible on the Cirrus Logic investor relations website.
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.