secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0001157523-21-001296
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cirrus Logic Q2 record rev $465.9M, EPS $1.43; CFO to retire
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000115752321001296/0001157523-21-001296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000115752321001296/a52518689.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001296

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