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CRUS News and Press, Cirrus Logic Inc. From 07/13/23

Stock Information

Company Name: Cirrus Logic Inc.
Stock Symbol: CRUS
Market: NASDAQ
Website: cirrus.com

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CRUS - Synergy Investing: Cirrus Logic's Coming Story

2023-07-13 12:00:00 ET Summary Cirrus Logic's stock has suffered due to the loss of an iPhone haptic product, but its prospects look promising due to potential synergies. These include growth vectors in Apple, Android, and a new PC business. Despite a bearish outlook in the short ...

CRUS - New Pro Audio Family of Converters from Cirrus Logic Delivers True Transparent Audio Experience

Cirrus Logic helps pro audio product manufacturers easily integrate and customize their products without the converters coloring the audio experience Building on its history in audio, Cirrus Logic (Nasdaq: CRUS) announced today a new family of professional audio products that equips man...

CRUS - Cirrus Logic's Crazy Revenue Signature Just Got Crazier

2023-06-08 02:32:29 ET Summary Cirrus Logic's recent financial report showed weaker results than expected, with revenue at $375 million, guidance significantly less and a tax rate increase to 25% from 24%. The stock took another hit lower with the report. The market and analys...

CRUS - Cirrus Logic Brings Immersive Audio to PC Market

PC-specific audio solution from Cirrus Logic combines smart amplifier and low-power codec for enhanced speaker and headphone listening experience COMPUTEX TAIPEI – Cirrus Logic (Nasdaq: CRUS) announced today a premium audio solution built specifically for PCs that enables...

CRUS - Cirrus Logic Nominates Duy-Loan T. Le for Election to Board of Directors

Cirrus Logic (NASDAQ: CRUS) today announced that its board of directors nominated Duy-Loan T. Le to stand for election at the company’s 2023 Annual Meeting expected to be held in July. Le brings a long history of technology leadership and accomplishment from her 35-year career at Texas...

CRUS - Cirrus Logic falls after Loop Capital downgrades on demand-related challenges

2023-05-22 13:24:05 ET Cirrus Logic ( NASDAQ: CRUS ) fell ~3% on Monday afternoon after Loop Capital downgraded the semiconductor company on demand-related challenges. The ratings agency lowered the rating on CRUS to Hold from Buy, and cut the price target to $80. The shares...

CRUS - Cirrus Logic, Inc. (CRUS) Q4 2023 Earnings Call Transcript

2023-05-04 21:48:07 ET Cirrus Logic, Inc. (CRUS) Q4 2023 Earnings Conference Call May 04, 2023, 18:00 ET Company Participants Chelsea Heffernan - Director, IR John Forsyth - CEO, President & Director Venkatesh Nathamuni - CFO & Principal Accounting Office...

CRUS - Cirrus Logic Non-GAAP EPS of $0.92 beats by $0.08, revenue of $372.82M beats by $5.5M

2023-05-04 16:05:23 ET Cirrus Logic press release ( NASDAQ: CRUS ): Q4 Non-GAAP EPS of $0.92 beats by $0.08 . Revenue of $372.82M (-23.9% Y/Y) beats by $5.5M . Non-GAAP gross margin of 50.0 percent and 50.1 percent; GAAP operating expenses of $249.2 million...

CRUS - Cirrus Logic Reports Fiscal Fourth Quarter Revenue of $372.8 Million and Full Fiscal Year 2023 Revenue of $1.90 Billion

Record Fiscal Year 2023 Revenue Driven By Higher Sales of Components Shipping in Smartphones Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the fourth quarter and ...

CRUS - Cirrus Logic FQ4 2023 Earnings Preview

2023-05-03 17:35:57 ET Cirrus Logic ( NASDAQ: CRUS ) is scheduled to announce FQ4 earnings results on Thursday, May 4th, after market close. The consensus EPS Estimate is $0.84 (-58.2% Y/Y) and the consensus Revenue Estimate is $367.32M (-25.0% Y/Y). Over the last 2 ye...

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