Latest news with #CirrusLogic
Globe and Mail
a day ago
- Business
- Globe and Mail
Cirrus Logic (CRUS) Q1 EPS Jumps 35%
Key Points Non-GAAP earnings per share reached $1.51, surpassing the $1.01 non-GAAP consensus estimate. Revenue (GAAP) grew to $407.272 million and topping estimates for non-GAAP EPS and GAAP revenue. Free cash flow (non-GAAP) rose sharply to $113.4 million, compared to $5.5 million for the three months ended June 29, 2024. These 10 stocks could mint the next wave of millionaires › Cirrus Logic (NASDAQ:CRUS), a semiconductor firm focused on audio and high-performance mixed-signal solutions, released its fiscal first-quarter results on August 5, 2025. The main headline: Non-GAAP earnings and GAAP revenue both outpaced Wall Street expectations. Earnings per share (Non-GAAP) were $1.51, well ahead of the $1.01 non-GAAP estimate. Revenue (GAAP) reached $407.3 million, beating the $376.0 million GAAP consensus. Management pointed to strong demand for new audio components in smartphones and solid results from expanding into laptop and professional audio markets. The period was marked by a sharp year-over-year increase in non-GAAP earnings per share, improved non-GAAP profit margins. Metric Q1 FY26(June 28, 2025) Q1 Estimate Q1 FY25(June 29, 2024) Y/Y Change EPS (Non-GAAP) $1.51 $1.01 $1.12 34.8% Revenue $407.3 million N/A $374.0 million 8.9 % Gross Margin (Non-GAAP) 52.6 % 50.6 % 2.0 pp Operating Expenses (Non-GAAP) $119.5 million $118.0 million 1.3 % Free Cash Flow (Non-GAAP) $113.4 million $5.5 million 1,961.8 % Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q4 2025 earnings report. About Cirrus Logic and Key Success Factors Cirrus Logic is a fabless semiconductor provider, meaning it designs chips but outsources manufacturing. Its main focus is on audio components such as amplifiers and codecs, used in devices like smartphones, laptops, and even automotive systems. It also sells high-performance mixed-signal products, which translate between digital and analog signals in electronics. The company's success is tightly linked to a handful of major customers, with Apple accounting for about 89% of annual net sales in FY2025. This concentration means shifts in Apple's product plans or demand can have a big impact on results. Cirrus Logic's strategy centers on sustained investment in research and development, aiming to maintain its edge in audio innovation and break into new product areas like professional audio, laptops, and automotive segments. The ability to turn technology investments into new design wins is critical for future growth. First Quarter Review: Highlights and Developments Cirrus Logic's non-GAAP earnings per share of $1.51 and GAAP revenue of $407.3 million came in well above expectations. Non-GAAP earnings per share of $1.51 beat consensus by $0.50, while revenue (GAAP) of $407.3 million topped analysts' estimates by $31.28 million. The improvement stemmed from strong demand for its newest audio products, specifically a custom boosted amplifier and a 22-nanometer smart codec shipping in smartphones. These components raised the value of audio content in flagship smartphones and marked important advances in efficiency and sound quality. Results also reflected traction in Cirrus Logic's efforts to diversify away from mobile phones. Revenue from audio products (GAAP) came in at $240.0 million, up from $219.0 million in Q1 FY2025. Sales in high-performance mixed-signal chips, used for things such as camera controllers and battery management, hit $167.2 million (GAAP), a year-over-year gain. The balance between the audio and mixed-signal segments was about 60/40, due in part to this generation's big upgrades for smartphone audio content. Laptop market expansion continued, with management highlighting that revenue from this sector is set to double in FY2026 compared to FY2025. The company expects to be shipping its technology in well over 150 different laptop models in fiscal 2026. In non-mobile markets, Cirrus Logic added high-performance digital-to-analog converters, an advanced audio codec, and timing chips aimed at professional audio, imaging, and automotive systems. These new offerings mark progress in its goal to make new products a meaningful part of the business mix, even if most revenue still comes from smartphones. Gross margin (GAAP and non-GAAP) was 52.6%, Gross margin increased by 2.1 percentage points compared to Q1 FY2025. Non-GAAP operating expenses increased slightly in Q4 FY2025. Free cash flow (non-GAAP) jumped to $113.4 million. Looking Forward: Guidance and Investor Focus Management has issued guidance for Q2 FY2026, forecasting revenue between $510 million and $570 million. This range suggests strong sequential growth in revenue compared to Q1 FY2026, where GAAP revenue was $407.3 million. Gross margin (GAAP) is expected to stay steady at 51% to 53% for Q2 FY2026, and non-GAAP operating expenses are projected at $131 million to $137 million. Looking ahead, investors may pay close attention to the rate at which Cirrus Logic can grow its laptop, general market, and automotive businesses. Management indicated that general market revenue could eventually reach 10% of total sales, though this will take time. The company also continues to focus on robust free cash flow and ongoing share repurchases, with a recently authorized $500 million buyback program, approved in March 2025. For now, the pace at which Cirrus Logic lessens its reliance on Apple is a key variable to watch. CRUS does not currently pay a dividend. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. 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Yahoo
2 days ago
- Business
- Yahoo
Cirrus Logic Inc (CRUS) Q1 2026 Earnings Call Highlights: Strong Revenue Performance Amidst ...
Revenue: $407.3 million, above the top end of guidance range; down 4% sequentially, up 9% year-over-year. Gross Profit: Non-GAAP gross profit of $214.3 million. Gross Margin: Non-GAAP gross margin of 52.6%. Operating Expenses: Non-GAAP operating expense of $119.5 million. Operating Income: Non-GAAP operating income of $94.9 million, 23.3% of revenue. Net Income: Non-GAAP net income of $80.3 million. Earnings Per Share (EPS): $1.51 for the June quarter. Cash and Investments: $847.8 million at the end of the June quarter. Inventory: $279 million, down from $299.1 million in the prior quarter. Cash Flow from Operations: $116.1 million in the June quarter. CapEx: $2.8 million in the June quarter. Free Cash Flow Margin: 28% for the June quarter. Share Buybacks: $100 million used to repurchase approximately 1 million shares. Q2 Fiscal 2026 Revenue Guidance: Expected range of $510 million to $570 million. Q2 Fiscal 2026 Gross Margin Guidance: Expected range of 51% to 53%. Q2 Fiscal 2026 Operating Expense Guidance: Expected range of $131 million to $137 million. Warning! GuruFocus has detected 7 Warning Signs with ALAB. Release Date: August 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Cirrus Logic Inc (NASDAQ:CRUS) delivered revenue of $407.3 million for the June quarter, exceeding the top end of their guidance range due to strong demand for smartphones. The company is maintaining a strong leadership position in the flagship smartphone audio business, with new products like the custom boosted amplifier and 22 nanometer smart codec contributing to customer product performance. Cirrus Logic Inc (NASDAQ:CRUS) is expanding its high-performance mixed signal solutions, particularly in camera controllers, which shows potential for market expansion and revenue diversification. The company is making progress in diversifying its business into new markets such as laptops, with new PC amplifiers and codecs designed into several new laptops expected to ship in late calendar '25. Cirrus Logic Inc (NASDAQ:CRUS) has a strong balance sheet with $847.8 million in cash and investments and no debt, providing financial stability and flexibility for future investments. Negative Points Revenue was down 4% sequentially, primarily due to lower smartphone unit volumes, indicating potential volatility in demand. Non-GAAP gross margin decreased sequentially to 52.6% due to a less favorable product mix and a return to a more typical pricing environment. Operating expenses increased year-over-year by $1.5 million, largely due to higher employee-related costs, which could impact profitability. The company anticipates that sales will be more weighted towards the first half of the fiscal year, which may indicate potential challenges in maintaining revenue momentum in the latter half. There is uncertainty regarding the impact of the One Big Beautiful Bill Act on the company's tax obligations, which could affect future financial results. Q & A Highlights Q: What drove the significant difference between Cirrus Logic's expected and actual results for the quarter? A: John Forsyth, CEO, explained that the strong demand for smartphones was a major factor. There were no content surprises, but they shipped more content in smartphones than ever before. The demand remained robust during a typically slower period, and the launch of a lower-cost product earlier in the year contributed. While they shipped to customer demand, it's difficult to quantify how much was due to tariff-related pull-ins or demand pull-ahead. Q: Can you provide an update on Cirrus Logic's diversification efforts outside of its largest customer, particularly in the PC and automotive sectors? A: John Forsyth, CEO, noted that while automotive is still in early stages, they see opportunities in audio, haptics, and timing products. In the PC sector, they are making progress with new codec and amplifier products, and the collaboration with Compal aims to improve audio quality in laptops. They are also breaking into mainstream categories, which is significant for driving revenue. Q: How should we think about the seasonality of Cirrus Logic's revenue, given the shift towards the first half of the fiscal year? A: John Forsyth, CEO, explained that several factors are contributing to this shift, including potential pull-ins of demand, earlier availability of parts due to a more complex supply chain, and the growing quantity of camera content, which is shipped earlier. These factors are tilting the demand pattern more towards the first half of the year. Q: What are Cirrus Logic's opportunities in AI, and how do they plan to capitalize on them? A: John Forsyth, CEO, stated that they aim to be enablers for AI features, particularly in voice-centric devices and power efficiency. They see AI unlocking conversational interfaces across various devices, and they plan to leverage their expertise in voice capture, processing, and power management to support these advancements. Q: How does the inventory outlook for the September quarter relate to Cirrus Logic's commitments with GlobalFoundries? A: Jeff Woolard, CFO, mentioned that the expected decrease in inventory is primarily due to the trailing off of commitments with GlobalFoundries. They are managing customer demand and their contract, aiming to reach their inventory sweet spot. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 days ago
- Business
- Business Wire
Cirrus Logic Reports Fiscal First Quarter Revenue of $407.3 Million
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at 'Cirrus Logic delivered strong financial results for the June quarter driven by robust demand for our custom boosted amplifier and first 22-nanometer smart codec shipping in smartphones,' said John Forsyth, Cirrus Logic president and chief executive officer. 'During the quarter, we also executed against our growth strategy to drive product and end-market diversification. Our progress included gaining traction in the laptop market and ramping production of our latest-generation general market components that target the professional audio, automotive, industrial, and imaging end markets. With a growing roadmap of products and a proven track record of execution, we believe Cirrus Logic is well-positioned to grow long-term shareholder value.' Reported Financial Results – First Quarter FY26 Revenue of $407.3 million; GAAP and non-GAAP gross margin of 52.6 percent; GAAP operating expenses of $141.6 million and non-GAAP operating expenses of $119.5 million; and GAAP earnings per share of $1.14 and non-GAAP earnings per share of $1.51. A reconciliation of GAAP to non-GAAP financial information is included in the tables accompanying this press release. Business Outlook – Second Quarter FY26 Revenue is expected to range between $510 million and $570 million; GAAP gross margin is forecasted to be between 51 percent and 53 percent; and Combined GAAP R&D and SG&A expenses are anticipated to range between $153 million and $159 million, including approximately $20 million in stock-based compensation expense and $2 million in amortization of acquired intangibles, resulting in a non-GAAP operating expense range between $131 million and $137 million. Cirrus Logic will host a live Q&A session at 5 p.m. EDT today to discuss its financial results and business outlook. Participants may listen to the conference call on the investor relations website at A replay of the webcast can be accessed on the Cirrus Logic website approximately two hours following its completion or by calling (609) 800-9909 or toll-free at (800) 770-2030 (Access Code: 95424). About Cirrus Logic, Inc. Cirrus Logic is a leader in low-power, high-precision mixed-signal processing solutions that create innovative user experiences for the world's top mobile and consumer applications. With headquarters in Austin, Texas, Cirrus Logic is recognized globally for its award-winning corporate culture. Cirrus Logic, Cirrus and the Cirrus Logic logo are registered trademarks of Cirrus Logic, Inc. All other company or product names noted herein may be trademarks of their respective holders. Use of non-GAAP Financial Information To supplement Cirrus Logic's financial statements presented on a GAAP basis, the company has provided non-GAAP financial information, including non-GAAP net income, diluted earnings per share, operating income and profit, operating expenses, gross margin and profit, tax expense, tax expense impact on earnings per share, effective tax rate, free cash flow, and free cash flow margin. A reconciliation of the adjustments to GAAP results is included in the tables below. Non-GAAP financial information is not meant as a substitute for GAAP results but is included because management believes such information is useful to our investors for informational and comparative purposes. In addition, certain non-GAAP financial information is used internally by management to evaluate and manage the company. The non-GAAP financial information used by Cirrus Logic may differ from that used by other companies. These non-GAAP measures should be considered in addition to, and not as a substitute for, the results prepared in accordance with GAAP. Safe Harbor Statement Except for historical information contained herein, the matters set forth in this news release contain forward-looking statements including our statement about our ability to grow long-term shareholder value; and our estimates for the second quarter fiscal year 2026 revenue, gross margin, combined research and development and selling, general and administrative expense levels, stock-based compensation expense, and amortization of acquired intangibles. In some cases, forward-looking statements are identified by words such as 'expect,' 'anticipate,' 'target,' 'project,' 'believe,' 'goals,' 'opportunity,' 'estimates,' 'intend,' and variations of these types of words and similar expressions. In addition, any statements that refer to our plans, expectations, strategies, or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements are based on our current expectations, estimates, and assumptions and are subject to certain risks and uncertainties that could cause actual results to differ materially, and readers should not place undue reliance on such statements. These risks and uncertainties include, but are not limited to, the following: the level and timing of orders and shipments during the second quarter of fiscal year 2026; customer cancellations of orders; the failure to place orders consistent with forecasts; changes in government trade policies, including the imposition of tariffs or export restrictions; and global economic conditions and uncertainty, along with the risk factors listed in our Form 10-K for the year ended March 29, 2025 and in our other filings with the Securities and Exchange Commission, which are available at The foregoing information concerning our business outlook represents our outlook as of the date of this news release, and we expressly disclaim any obligation to update or revise any forward-looking statements, whether as a result of new developments or otherwise, unless required by law. Summary Financial Data Follows: (in thousands, except per share data; unaudited) (not prepared in accordance with GAAP) Non-GAAP financial information is not meant as a substitute for GAAP results, but is included because management believes such information is useful to our investors for informational and comparative purposes. In addition, certain non-GAAP financial information is used internally by management to evaluate and manage the company. As a note, the non-GAAP financial information used by Cirrus Logic may differ from that used by other companies. These non-GAAP measures should be considered in addition to, and not as a substitute for, the results prepared in accordance with GAAP. Three Months Ended Jun. 28, Mar. 29, Jun. 29, 2025 2025 2024 Net Income Reconciliation Q1'26 Q4'25 Q1'25 GAAP Net Income $ 60,697 $ 71,267 $ 42,095 Amortization of acquisition intangibles 1,647 1,647 1,972 Stock-based compensation expense 20,809 19,491 21,385 Lease impairment — — 1,019 Adjustment to income taxes (2,839 ) (1,772 ) (4,105 ) Non-GAAP Net Income $ 80,314 $ 90,633 $ 62,366 Earnings Per Share Reconciliation GAAP Diluted earnings per share $ 1.14 $ 1.31 $ 0.76 Effect of Amortization of acquisition intangibles 0.03 0.03 0.03 Effect of Stock-based compensation expense 0.39 0.36 0.38 Effect of Lease impairment — — 0.02 Effect of Adjustment to income taxes (0.05 ) (0.03 ) (0.07 ) Non-GAAP Diluted earnings per share $ 1.51 $ 1.67 $ 1.12 Operating Income Reconciliation GAAP Operating Income $ 72,394 $ 85,946 $ 46,792 GAAP Operating Profit 17.8 % 20.2 % 12.5 % Amortization of acquisition intangibles 1,647 1,647 1,972 Stock-based compensation expense - COGS 300 360 266 Stock-based compensation expense - R&D 13,072 13,079 15,763 Stock-based compensation expense - SG&A 7,437 6,052 5,356 Lease impairment — — 1,019 Non-GAAP Operating Income $ 94,850 $ 107,084 $ 71,168 Non-GAAP Operating Profit 23.3 % 25.2 % 19.0 % Operating Expense Reconciliation GAAP Operating Expenses $ 141,636 $ 140,790 $ 142,133 Amortization of acquisition intangibles (1,647 ) (1,647 ) (1,972 ) Stock-based compensation expense - R&D (13,072 ) (13,079 ) (15,763 ) Stock-based compensation expense - SG&A (7,437 ) (6,052 ) (5,356 ) Lease impairment — — 1,019 Non-GAAP Operating Expenses $ 119,480 $ 120,012 $ 118,023 Gross Margin/Profit Reconciliation GAAP Gross Profit $ 214,030 $ 226,736 $ 188,925 GAAP Gross Margin 52.6 % 53.4 % 50.5 % Stock-based compensation expense - COGS 300 360 266 Non-GAAP Gross Profit $ 214,330 $ 227,096 $ 189,191 Non-GAAP Gross Margin 52.6 % 53.5 % 50.6 % Effective Tax Rate Reconciliation GAAP Tax Expense $ 19,931 $ 23,338 $ 14,508 GAAP Effective Tax Rate 24.7 % 24.7 % 25.6 % Adjustments to income taxes 2,839 1,772 4,105 Non-GAAP Tax Expense $ 22,770 $ 25,110 $ 18,613 Non-GAAP Effective Tax Rate 22.1 % 21.7 % 23.0 % Tax Impact to EPS Reconciliation GAAP Tax Expense $ 0.37 $ 0.43 $ 0.26 Adjustments to income taxes 0.05 0.03 0.07 Non-GAAP Tax Expense $ 0.42 $ 0.46 $ 0.33 Expand CONSOLIDATED CONDENSED BALANCE SHEET (in thousands; unaudited) Jun. 28, Mar. 29, Jun. 29, 2025 2025 2024 ASSETS Current assets Cash and cash equivalents $ 548,870 $ 539,620 $ 491,351 Marketable securities 65,925 56,160 25,680 Accounts receivable, net 214,085 216,009 190,079 Inventories 278,984 299,092 232,566 Prepaid wafers 61,934 52,560 84,700 Other current assets 71,324 76,293 77,365 Total current Assets 1,241,122 1,239,734 1,101,741 Long-term marketable securities 232,959 239,036 227,527 Right-of-use lease assets 123,718 126,688 136,295 Property and equipment, net 154,340 159,900 170,953 Intangibles, net 25,718 27,461 27,624 Goodwill 435,936 435,936 435,936 Deferred tax asset 54,037 48,150 54,622 Long-term prepaid wafers — 15,512 50,375 Other assets 26,887 34,656 60,552 Total assets $ 2,294,717 $ 2,327,073 $ 2,265,625 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 66,321 $ 63,162 $ 77,562 Accrued salaries and benefits 43,146 52,075 41,101 Lease liability 21,075 21,811 22,058 Other accrued liabilities 58,136 58,140 61,021 Total current liabilities 188,678 195,188 201,742 Non-current lease liability 120,272 121,908 132,016 Non-current income taxes 44,693 44,040 52,704 Other long-term liabilities 10,790 16,488 31,533 Total long-term liabilities 175,755 182,436 216,253 Stockholders' equity: Capital stock 1,881,472 1,860,281 1,792,283 Accumulated earnings 49,035 90,351 58,591 Accumulated other comprehensive loss (223 ) (1,183 ) (3,244 ) Total stockholders' equity 1,930,284 1,949,449 1,847,630 Total liabilities and stockholders' equity $ 2,294,717 $ 2,327,073 $ 2,265,625 Prepared in accordance with Generally Accepted Accounting Principles Expand (in thousands; unaudited) Three Months Ended Jun. 28, Jun. 29, 2025 2024 Q1'26 Q1'25 Cash flows from operating activities: Net income $ 60,697 $ 42,095 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 13,173 12,359 Stock-based compensation expense 20,809 21,385 Deferred income taxes (5,938 ) (5,897 ) Other non-cash charges (16 ) 1,104 Net change in operating assets and liabilities: Accounts receivable, net 1,924 (27,601 ) Inventories 20,108 (5,318 ) Prepaid wafers 6,138 12,354 Other assets 2,014 (5,459 ) Accounts payable and other accrued liabilities (8,806 ) 12,037 Income taxes payable 6,028 30,102 Net cash provided by operating activities 116,131 87,161 Cash flows from investing activities: Maturities and sales of available-for-sale marketable securities 22,990 12,646 Purchases of available-for-sale marketable securities (26,435 ) (69,060 ) Purchases of property, equipment and software (2,638 ) (9,990 ) Investments in technology (132 ) (155 ) Net cash used in investing activities (6,215 ) (66,559 ) Cash flows from financing activities: Net proceeds from the issuance of common stock 382 10,196 Repurchase of stock to satisfy employee tax withholding obligations (1,049 ) (1,219 ) Repurchase and retirement of common stock (99,999 ) (40,992 ) Net cash used in financing activities (100,666 ) (32,015 ) Net increase (decrease) in cash and cash equivalents 9,250 (11,413 ) Cash and cash equivalents at beginning of period 539,620 502,764 Cash and cash equivalents at end of period $ 548,870 $ 491,351 Prepared in accordance with Generally Accepted Accounting Principles Expand RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL INFORMATION (in thousands; unaudited) Free cash flow, a non-GAAP financial measure, is GAAP cash flow from operations (or cash provided by operating activities) less capital expenditures. Capital expenditures include purchases of property, equipment and software as well as investments in technology, as presented within our GAAP Consolidated Condensed Statement of Cash Flows. Free cash flow margin represents free cash flow divided by revenue. Jun. 28, Jun. 28, Mar. 29, Dec. 28, Sep. 28, 2025 2025 2025 2024 2024 Q1'26 Q1'26 Q4'25 Q3'25 Q2'25 Net cash provided by operating activities (GAAP) $ 473,336 $ 116,131 $ 130,386 $ 218,588 $ 8,231 Capital expenditures (21,378 ) (2,770 ) (9,181 ) (6,687 ) (2,740 ) Free Cash Flow (Non-GAAP) $ 451,958 $ 113,361 $ 121,205 $ 211,901 $ 5,491 Cash Flow from Operations as a Percentage of Revenue (GAAP) 25 % 29 % 31 % 39 % 2 % Capital Expenditures as a Percentage of Revenue (GAAP) 1 % 1 % 2 % 1 % 1 % Free Cash Flow Margin (Non-GAAP) 23 % 28 % 29 % 38 % 1 % Expand RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL INFORMATION (in millions; unaudited) (not prepared in accordance with GAAP) Q2 FY26 Guidance Operating Expense Reconciliation GAAP Operating Expenses $153 - 159 Stock-based compensation expense (20) Amortization of acquisition intangibles (2) Non-GAAP Operating Expenses $131 - 137 Expand
Yahoo
2 days ago
- Business
- Yahoo
Cirrus Logic (CRUS) Announces Launch of Latest Additions to The Pro Audio Product Family
Cirrus Logic, Inc. (NASDAQ:CRUS) is one of the Most Undervalued Semiconductor Stocks to Buy According to Analysts. On June 24, the company announced the launch of its latest additions to the Pro Audio product family- 2 analog-to-digital converters (ADCs) and 2 digital-to-analog converters (DACs) that are designed to provide exceptional audio performance at a cost-effective price point. Further to the success of Cirrus Logic, Inc. (NASDAQ:CRUS)'s professional audio components, the new ADCs and DACs expand its product portfolio. A technician in a lab coat inspecting a semiconductor processor on a microscope. Through the broadening of its portfolio, Cirrus Logic, Inc. (NASDAQ:CRUS) is giving customers access to its technology not only for high-end products but also for mid-tier devices. This ensures consistent, outstanding quality throughout all levels of audio equipment. With a rich portfolio of products and a healthy pipeline of innovations in development, Cirrus Logic, Inc. (NASDAQ:CRUS) remains focused on capitalizing on opportunities to further broaden its technology and market reach. In FY 2025, Cirrus Logic, Inc. (NASDAQ:CRUS) started shipping the latest generation of its boosted amplifier and first 22-nanometer smart codec, grew momentum in the laptop market, and rolled out a series of general market components expanding its product portfolio and revenue opportunities throughout a number of markets. Cirrus Logic, Inc. (NASDAQ:CRUS) is a fabless semiconductor company that is engaged in developing mixed-signal processing solutions and audio products. While we acknowledge the potential of CRUS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Business Wire
16-07-2025
- Business
- Business Wire
Cirrus Logic to Report First Quarter Fiscal Year 2026 Results
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its first quarter fiscal year 2026 financial results and business outlook on the Investor Relations area of its website on Tuesday, August 5, 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. A replay of the Q&A session will be available on the website listed above beginning approximately two hours following the completion of the call or by dialing (609) 800-9909 or toll-free at (800) 770-2030 (Access Code: 95424). About Cirrus Logic, Inc. Cirrus Logic is a leader in low-power, high-precision mixed-signal processing solutions that create innovative user experiences for the world's top mobile and consumer applications. With headquarters in Austin, Texas, Cirrus Logic is recognized globally for its award-winning corporate culture. Cirrus Logic, Cirrus and the Cirrus Logic logo are registered trademarks of Cirrus Logic, Inc.
