Cirrus Logic Inc Stock Price, News & Analysis

Cirrus Logic, Inc. (Nasdaq: CRUS) will release its fourth quarter and full fiscal year 2021 financial results on April 29 at 4 p.m. EDT. A live Q&A webcast will follow at 5 p.m. EDT to discuss the results and business outlook. Shareholders can submit questions via email. A replay will be available two hours after the call on the investor relations website or via a provided phone number.

Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions for mobile and consumer applications, with headquarters in Austin, Texas.

Cirrus Logic (Nasdaq: CRUS) has launched the CS35L45 boosted amplifier, enhancing audio quality for smartphones and tablets. Key features include a 15 V output, higher peak loudness of up to 30% compared to previous models, and adaptive battery management for improved efficiency. The CS35L45 aims to meet the growing consumer demand for better sound, as 40% of users have increased speaker mode usage during the pandemic. This smart amplifier offers advanced speaker protection and is designed for easy integration into next-generation mobile devices.

Cirrus Logic, Inc. (Nasdaq: CRUS) has announced that its President and CEO, John Forsyth, will present at the Morgan Stanley Technology, Media and Telecom Conference on March 2 at 4:15 p.m. EST. A live webcast of the presentation will be accessible on the company's investor relations website. An archived replay will also be available post-event.

Cirrus Logic (Nasdaq: CRUS) reported strong Q3 fiscal year 2021 results with revenue of $485.8 million, surpassing guidance. The gross margin was 51.8%, with GAAP earnings per share at $1.91. The company anticipates Q4 revenue between $280 million and $320 million and has authorized an additional $350 million for share repurchases. CEO John Forsyth expressed optimism regarding demand from smartphone manufacturers and ongoing product innovation. A Q&A session is scheduled for further insights on financial results and outlook.

Cirrus Logic, Inc. (Nasdaq: CRUS) will release its third quarter fiscal year 2021 financial results and business outlook on February 1 at 4 p.m. EST. A live Q&A session is scheduled for 5 p.m. EST to address shareholder questions. The company specializes in low-power, high-precision mixed-signal processing solutions for mobile and consumer applications. Interested shareholders can submit questions via email. A replay of the session will be available two hours post-call on their investor relations website.

Cirrus Logic, Inc. (Nasdaq: CRUS) announced that President John Forsyth will present at the Barclays Global Technology, Media and Telecommunications Conference on December 10 at 10 a.m. EST. Investors can access a live webcast of the presentation on the company's investor relations website, where an archived replay will also be available afterward. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions, enhancing user experiences for leading mobile and consumer applications.

Cirrus Logic, Inc. (Nasdaq: CRUS) announced that Jason Rhode will step down as CEO and director on January 1, 2021. John Forsyth, the current president, will succeed him as CEO. Rhode will transition to an executive fellow role, focusing on customer relations and talent development. Additionally, David Tupman will take over as Chair of the Board. Rhode praised Forsyth's leadership skills and expressed confidence in the company's strategic direction. This leadership transition will be further discussed during the Q2 FY21 earnings call.

Cirrus Logic (Nasdaq: CRUS) reported Q2 FY21 revenue of $347.3 million, exceeding guidance, primarily driven by strong smartphone component sales. The company achieved a GAAP gross margin of 51.9% and earnings per share of $0.99. Looking ahead, Q3 FY21 revenue is projected between $440 million and $480 million. Notably, John Forsyth will succeed Jason Rhode as CEO effective January 1, 2021. The company also appointed David Tupman as chair of the Board, indicating a strategic leadership transition.

Cirrus Logic, Inc. (Nasdaq: CRUS) will release its second quarter fiscal year 2021 financial results and business outlook on Nov. 2 at 4 p.m. EST. A Q&A webcast will follow at 5 p.m. EST to discuss these results. Shareholders can submit questions via email. A replay of the session will be available two hours after the call ends. Cirrus Logic specializes in low-power, high-precision mixed-signal processing solutions for mobile and consumer applications, and is based in Austin, Texas.