secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0000772406-25-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cirrus Logic Q3 revenue $555.7M, beats guidance; appoints Jeff Woolard CFO
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- Revenue $555.7M, above guidance top end; GAAP EPS $2.11, non-GAAP EPS $2.51.
- Q4 FY25 guidance: revenue $350M–$410M, GAAP gross margin 51%–53%.
- Appoints Jeff Woolard as CFO effective Feb 24, 2025; $475k base, $5.5M equity awards.
- Ulf Habermann steps down as interim CFO, stays as Principal Accounting Officer at $375k salary.
- Strong smartphone demand for 22nm smart codec; laptop content expands with Intel Arrow Lake reference.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000077240625000006/0000772406-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000077240625000006/crus-20250203.htm
  HTML page:      https://secwatch.observer/filing/0000772406-25-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer