secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001157523-22-000542
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cirrus Logic Q4 FY22 revenue $490M, FY revenue $1.78B (+30% YoY); guides Q1 below consensus
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- Q4 FY22 revenue $490.0M (+67% YoY); GAAP EPS $1.64, non-GAAP EPS $2.01.
- Full FY22 revenue $1.78B (+30% YoY); GAAP EPS $5.52, non-GAAP EPS $6.90.
- Q1 FY23 revenue guidance $350-$390M (midpoint -24% QoQ); gross margin 49%-51%.
- High-performance mixed-signal revenue grew 124% YoY, now 33% of total vs 19% in FY21.
- One customer contributed ~79% of FY22 and Q4 revenue; new CFO Venk Nathamuni and CHRO Denise Grodé appointed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000115752322000542/0001157523-22-000542-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000115752322000542/a52705386.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000542

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