CRUS News and Press, Cirrus Logic Inc. From 09/13/23

2023-09-13 14:48:50 ET Summary Market analysts predict a decline in smartphone shipments in 2023, except for Apple's iPhone which is expected to see growth. IDC forecasts a 4.7% decline in worldwide smartphone shipments in 2023, with Apple's iOS expected to achieve 1.1% growth. ...

2023-09-07 13:58:45 ET Semiconductor stocks were mostly lower on Thursday, amid worries about the status of Apple's ( NASDAQ: AAPL ) iPhone in China. Among iPhone suppliers, Qualcomm ( NASDAQ: QCOM ), which supplies the broadband modem for the iPhone, took the brunt ...

2023-09-06 13:14:21 ET Summary Global memory and AI chipmakers are experiencing an end to the supply surplus for semiconductors. Excessive capex spending in memory chips has led to inventory problems and a sharp downturn is expected in 2023. New technologies, HBM and 128GB DDR...

2023-08-04 09:32:44 ET Semiconductor stocks were mixed in early trading on Friday amid a slew of earnings reports from the industry. Chip equipment maker Applied Optoelectronics ( NASDAQ: AAOI ) shares surged more than 23% after it reported second-quarter results and pro...

2023-08-03 20:41:08 ET Cirrus Logic, Inc. (CRUS) Q1 2024 Results Conference Call August 03, 2023 06:00 PM ET Company Participants Chelsea Heffernan - Director, IR John Forsyth - CEO, President & Director Venk Nathamuni - CFO & Principal Accounting Officer...

2023-08-03 16:01:33 ET Cirrus Logic press release ( NASDAQ: CRUS ): Q1 Non-GAAP EPS of $0.67 beats by $0.26 . Revenue of $317M (-19.5% Y/Y) beats by $30.06M . GAAP and non-GAAP gross margin of 50.3 percent and 50.4 percent; GAAP operating expenses of $141.6...

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 first quarter fiscal year 2024, which ended June 24, 2023, as well as the company’s current business outlook. &...

New Cirrus Logic audio amplifier/codec solution is part of SoundWire-ready Intel ® reference design offering PC OEMs a scalable, frustration-free migration to new audio specification Cirrus Logic (Nasdaq: CRUS) is offering an advanced audio solution to help ease PC manufacturer...

Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its first quarter fiscal year 2024 financial results and business outlook on the Investor Relations area of its website on Thursday, Aug. 3, at approximately 4 p.m. EDT. Cirrus Logic will host a live Q&A ...

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 ...