earnings
confidence high
sentiment neutral
materiality 0.80
Cirrus Logic Q2 record rev $465.9M, EPS $1.43; CFO to retire
CIRRUS LOGIC, INC.
2022-Q2 EPS reported
$1.72
revenue$743,139,000
- Revenue $465.9M (+34% YoY); GAAP EPS $1.43, non-GAAP EPS $1.82.
- High-performance mixed-signal revenue 30% of 1H FY22 total, up 117% YoY.
- CFO Thurman Case plans to retire; will remain during search for successor.
- Q3 FY22 guidance: rev $490M-$530M, GAAP gross margin 50%-52%.
- One customer accounted for 80% of Q2 revenue.