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Cirrus Logic Inc - CRUS STOCK NEWS

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. (symbol: CRUS) is a pioneering company in the design and development of high-performance, low-power integrated circuits (ICs) tailored for audio and voice signal processing applications. The company offers a comprehensive range of products that span the entire audio signal chain, from capture to playback. These innovative solutions are widely utilized in world-leading smartphones, tablets, digital headsets, wearables, and emerging smart home applications.

Headquartered in Austin, Texas, Cirrus Logic has earned global recognition for its award-winning corporate culture. Established in 1984, the company excels at developing sophisticated chip designs that prioritize feature integration and innovation. As of now, Cirrus Logic holds over 2,100 patents, which are integral to its more than 700 products serving over 2,500 end customers worldwide. The company engages in direct sales as well as distributor-based channel sales.

The core business of Cirrus Logic is divided into two main streams: portable audio products and non-portable audio and other products. These categories include analog and mixed-signal components that target mobile devices, smart homes, and various applications in the automotive, energy, and industrial markets. The firm's revenue is geographically diversified, with approximately half generated in China and the remaining from regions including the United States, Europe, South Korea, and other countries around the globe.

Recent developments at Cirrus Logic include key partnerships and collaborations aimed at enhancing product capabilities and expanding market reach. Financially, the company maintains a robust condition, supported by steady revenue growth and strategic initiatives that drive innovation.

For the latest updates, financial performance, and news related to Cirrus Logic, visit their official website at www.cirrus.com.

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Cirrus Logic, Inc. (CRUS) announced that President and CEO John Forsyth and CFO Venk Nathamuni will present at the Barclays Global Technology Conference. Cirrus Logic is a leader in low-power, high-precision mixed-signal processing solutions for mobile and consumer applications. The live webcast and replay of the presentation will be available on the company's investor relations website.
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Cirrus Logic, Inc. (NASDAQ: CRUS) has released its Shareholder Letter for the second quarter fiscal year 2024. The company reported revenue of $481.1 million, gross margin of 51.3%, and earnings per share of $1.34 (GAAP) and $1.80 (non-GAAP). The business outlook for the third quarter FY24 includes expected revenue between $510 million and $570 million, gross margin between 49% and 51%, and operating expenses between $120 million and $126 million (non-GAAP).
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Cirrus Logic to release Q2 FY2024 financial results and business outlook on November 2nd.
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Cirrus Logic, Inc. (NASDAQ: CRUS) reported revenue for Q1 FY24 of $317.0 million, with gross margin of 50.3%. They taped out their next-generation boosted amplifier, completed product validation on their first 22-nanometer smart codec, and began ramping production of their latest camera controller. Q2 FY24 revenue is expected to range between $430 million and $490 million.
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FAQ

What is the current stock price of Cirrus Logic (CRUS)?

The current stock price of Cirrus Logic (CRUS) is $100.56 as of December 20, 2024.

What is the market cap of Cirrus Logic (CRUS)?

The market cap of Cirrus Logic (CRUS) is approximately 5.3B.

What does Cirrus Logic Inc. specialize in?

Cirrus Logic specializes in high-performance, low-power integrated circuits for audio and voice signal processing applications.

Where is Cirrus Logic Inc. headquartered?

Cirrus Logic Inc. is headquartered in Austin, Texas.

When was Cirrus Logic Inc. founded?

Cirrus Logic Inc. was founded in 1984.

What are the main product categories of Cirrus Logic Inc.?

Cirrus Logic's products are categorized into portable audio products and non-portable audio and other products.

How many patents does Cirrus Logic Inc. hold?

Cirrus Logic Inc. holds more than 2,100 patents.

Which markets do Cirrus Logic Inc.'s products target?

Cirrus Logic's products target mobile devices, smart homes, automotive, energy, and industrial markets.

What is the geographic revenue distribution for Cirrus Logic Inc.?

Approximately half of Cirrus Logic's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and other countries.

How many products does Cirrus Logic Inc. offer?

Cirrus Logic Inc. offers more than 700 products.

How many customers does Cirrus Logic Inc. serve globally?

Cirrus Logic serves over 2,500 end customers globally.

Where can I find the latest news and updates about Cirrus Logic Inc.?

You can find the latest news and updates on the official website at www.cirrus.com.

Cirrus Logic Inc

Nasdaq:CRUS

CRUS Rankings

CRUS Stock Data

5.30B
52.86M
0.45%
95.08%
4.09%
Semiconductors
Semiconductors & Related Devices
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United States of America
AUSTIN