Highest-materiality recent filing
Cirrus Logic reports record Q1 revenue $460M, EPS $1.84 non-GAAP; guides Q2 rev $510-570M
Q1 FY27 revenue $459.7M (+13% YoY); GAAP EPS $1.47, non-GAAP EPS $1.84 (record Q1).
All seven director nominees elected with >35.9M votes for each; broker non-votes 4.18M.
Cirrus Logic reports record FY26 revenue $2.0B, EPS $7.85; Q4 EPS $1.56, guides Q1 rev $430M-$490M
Record FY26 revenue $2.0B (+5% YoY), GAAP EPS $7.85, non-GAAP EPS $9.26 (both records).
Cirrus Logic CFO Jeff Woolard adds Principal Accounting Officer role; Habermann steps down from PAO
Effective March 25, 2026, CFO Jeff Woolard assumed additional role of Principal Accounting Officer.
Cirrus Logic Q3 FY26 Revenue $580.6M, GAAP EPS $2.66, Non-GAAP EPS $2.97; Guides Q4 Rev $410-470M
Revenue $580.6M beat guidance; up 4% YoY; GAAP gross margin 53.1%, non-GAAP also 53.1%.
Cirrus Logic Q2 FY26 revenue record $561M, EPS $2.48 GAAP; guides Q3 rev $500-560M
Revenue $561M, up 38% QoQ and 4% YoY; GAAP EPS $2.48, non-GAAP EPS $2.83.
Cirrus Logic Q1 FY26 revenue $407.3M beats guidance; EPS $1.14 GAAP, $1.51 non-GAAP
Revenue $407.3M (above guidance top end), up 9% YoY; GAAP EPS $1.14, non-GAAP $1.51.
All seven director nominees elected: Raghib Hussain received highest votes (42,238,964 for).
Cirrus Logic reports record FY25 EPS of $6.00 GAAP, $7.54 non-GAAP; revenue up 6% to $1.90B
Q4 FY25 revenue $424.5M (above guidance, +14% YoY); GAAP EPS $1.31, non-GAAP $1.67.
Cirrus Logic Q3 revenue $555.7M, beats guidance; appoints Jeff Woolard CFO
Revenue $555.7M, above guidance top end; GAAP EPS $2.11, non-GAAP EPS $2.51.
Revenue $541.9M (+13% YoY, +45% QoQ), near top of guidance range; record September quarter.
Cirrus Logic Q1 FY25 revenue $374M above guidance; EPS $0.76 GAAP, $1.12 non-GAAP
Revenue $374M, up 18% YoY, driven by stronger-than-expected smartphone shipments; above top of guidance.
Cirrus Logic shareholders approve LTIP amendment adding 2.67M shares and officer exculpation
LTIP amendment approved with 38.1M for, 6.4M against; increases share reserve by 2.67M and extends plan to July 26, 2034.
Cirrus Logic boosts interim CFO Habermann's base salary by $100K, target bonus to 37.5%
Interim CFO Ulf Habermann receives $100K annual base salary increase to $431,047 effective July 2, 2024.
Cirrus Logic board: Tim Dehne to retire; CEO of Seagate nominated as replacement
Tim Dehne will retire from the board, not standing for reelection at July 26, 2024 annual meeting; remains director until then.
Cirrus Logic CFO Venk Nathamuni resigns; Ulf Habermann named interim CFO
CFO Venk Nathamuni resigns effective May 24, 2024 to pursue opportunity outside semiconductor industry.
Cirrus Logic Q4 FY24 revenue $371.8M, GAAP EPS $0.81; FY24 revenue $1.79B, non-GAAP EPS $6.59
Q4 FY24 revenue $371.8M (above guidance); GAAP gross margin 51.8%; non-GAAP EPS $1.24.
Cirrus Logic Q3 FY24: Record revenue $619M, EPS $2.89; Q4 revenue guide $290-350M
Record Q3 revenue $619M (above guidance); GAAP EPS $2.50, non-GAAP EPS $2.89.
Director Hanford to leave Cirrus Logic board to become CEO of Natcast (CHIPS for America center)
Deirdre Hanford notified Cirrus Logic board she will not stand for re-election at July 2024 annual meeting.
Cirrus Logic appoints Ulf Habermann as principal accounting officer
Ulf Habermann appointed principal accounting officer effective December 12, 2023.
Cirrus Logic Q2 FY24 revenue $481.1M, GAAP EPS $1.34, non-GAAP $1.80
Revenue $481.1M, up 52% QoQ, down 11% YoY; one customer accounted for 88% of revenue.
Cirrus Logic Q1 FY24 revenue $317.0M, down 19% YoY; issues Q2 guidance $430-490M
GAAP EPS $0.28, non-GAAP EPS $0.67; GAAP gross margin 50.3%, non-GAAP 50.4%.
Cirrus Logic annual meeting results: all directors elected, EY ratified, say-on-pay approved
All eight director nominees elected; highest votes for John M. Forsyth (45,983,121), fewest for Alexander M. Davern (41,903,426).
Cirrus Logic cuts 5% of global workforce; CEO takes 10% pay cut
CEO John Forsyth voluntarily reduced base salary 10% from $728K to $655.2K, effective July 11, 2023.
Cirrus Logic nominates Duy-Loan T. Le to board; director John Carter to retire in July 2023
John C. Carter to retire from the board at the 2023 Annual Meeting in July; no disagreement with management or board.
Record FY23 revenue $1.90B (+7% YoY); GAAP EPS $3.09, non-GAAP $6.42.
Cirrus Logic raises CEO Forsyth's base salary 4% to $728k, boosts bonus target to 62.5%
CEO John Forsyth base salary increased 4% from $700,000 to $728,000 effective fiscal year 2024.
Cirrus Logic amends credit agreement to replace LIBOR with Term SOFR
First Amendment dated March 20, 2023 to $300M second amended and restated credit agreement.
Cirrus Logic adopts proxy access bylaw allowing 3% holders to nominate directors
Proxy access: stockholder/group of up to 20 owning 3% for 3 years may nominate up to 2 or 20% of board.
Cirrus Logic Q3 FY23 record revenue $590.6M, above guidance; Q4 guidance $340-400M
Record revenue $590.6M (+8% YoY, +9% QoQ), above high end of guidance; driven by smartphone demand.
Cirrus Logic Q2 FY23 revenue $540.6M record; GAAP EPS $1.52, non-GAAP $1.99, above guidance
Revenue $540.6M, up 37% QoQ and 16% YoY; GAAP/non-GAAP gross margin 50.2%.
Cirrus Logic reports record Q1 revenue of $393.6M, EPS $0.69 GAAP, $1.12 non-GAAP; new $500M buyback
Revenue $393.6M (record June quarter), above high-end guidance; GAAP EPS $0.69, non-GAAP EPS $1.12.
Cirrus Logic stockholders elect all director nominees and approve all proposals at annual meeting
All eight director nominees elected with large majorities (over 41M votes for each).
Cirrus Logic Q4 FY22 revenue $490M, FY revenue $1.78B (+30% YoY); guides Q1 below consensus
Q4 FY22 revenue $490.0M (+67% YoY); GAAP EPS $1.64, non-GAAP EPS $2.01.
Cirrus Logic appoints Venk Nathamuni as CFO; Thurman Case to retire in Nov 2022
Venkatesh Nathamuni appointed CFO effective April 18, 2022.
Operating Profit Margin redefined as GAAP operating income excluding stock compensation and Non-Recurring Items, plus bonus accruals.
Cirrus Logic reports record Q3 FY22 revenue of $548.3M; EPS $2.16 GAAP / $2.54 non-GAAP
Revenue $548.3M, up 18% sequentially and 13% YoY; above guidance range.
Cirrus Logic amends exec severance plan; CEO gets 200% target bonus on change-of-control termination
Compensation Committee approved amendments on Jan 20, 2022 to Executive Severance and Change of Control Plan.
Cirrus Logic Chief Culture Officer Jo-Dee M. Benson resigns, enters six-month consulting transition
Resignation as VP and Chief Culture Officer effective November 22, 2021; will serve as independent contractor for six months.
Cirrus Logic Q2 record rev $465.9M, EPS $1.43; CFO to retire
Revenue $465.9M (+34% YoY); GAAP EPS $1.43, non-GAAP EPS $1.82.
Cirrus Logic appoints Marvell Technology's Raghib Hussain to board of directors
Raghib Hussain named to Cirrus Logic board effective Sept. 29, 2021; term expires at 2022 annual meeting.
Cirrus Logic Chief Culture Officer Jo-Dee M. Benson resigns effective Dec 31, 2021
Jo-Dee M. Benson notified Cirrus Logic of her resignation as Chief Culture Officer on June 8, 2021.
Cirrus Logic stockholders elect directors and ratify auditor at annual meeting
All seven director nominees elected, each with over 44M votes for.
Cirrus Logic signs ~$1.6B wafer supply deal with GlobalFoundries; Q1 revenue $277.3M
Committed to purchase ~$1.6B of wafers from GlobalFoundries 2022-2026; paid $50M non-refundable fee plus $175M prepayment.
Cirrus Logic completes acquisition of Lion Semiconductor for $335M cash
On July 20, 2021, Cirrus Logic closed its acquisition of Lion Semiconductor, previously announced July 8.
Cirrus Logic to buy Lion Semiconductor for $335M cash; secures $300M credit line
Cirrus Logic to acquire Lion Semiconductor for $335M cash; close in fiscal Q2 2021.
On February 4, 2025, Cirrus Logic, Inc. (the “Company,” “we,” or “our”) announced the appointment of Jeff Woolard as Chief Financial Officer (“CFO”) of the Company, effective February 24, 2025.
On May 17, 2024, Timothy R. Dehne, a member of the Board of Directors (the “Board”) of Cirrus Logic, Inc. (the “Company”), informed the Company that he will retire from the Board and will not stand for reelection at the Company’s Annual Meeting of Stockholders, currently scheduled for July 26, 2024 (“2024 Annual Meeting”).
On May 11, 2024, Venk Nathamuni provided Cirrus Logic, Inc. (the “Company”) with notice of his intent to resign from his position as Chief Financial Officer effective May 24, 2024.
the Company’s Board of Directors appointed Ulf Habermann, the Company’s current Principal Accounting Officer, as interim Chief Financial Officer effective upon Mr. Nathamuni’s resignation and until a successor is appointed.
On January 25, 2024, Deirdre R. Hanford, currently a member of the Board of Directors of Cirrus Logic, Inc. (“Company”), notified the Board that she will not stand for re-election at the Company’s Annual Meeting of Stockholders, which is expected to be held in July 2024.
appointed Ulf Habermann, the Company’s Controller, Treasurer and Vice President of Finance, to serve as the principal accounting officer of the Company, effective as of such date.
On May 19, 2023, John C. Carter, a member of the Board of Directors (the “Board”) of Cirrus Logic, Inc. (the “Company”), informed the Company of his decision to retire from the Board effective at the Company’s Annual Meeting of Stockholders expected to be in July 2023 (“2023 Annual Meeting”).
On April 12, 2022, Cirrus Logic, Inc. (the "Company," "we," or "our") announced the appointment of Venkatesh Nathamuni as Chief Financial Officer of the Company, effective as of April 18, 2022
On November 1, 2021, the Company disclosed that Thurman K. Case was planning to retire from his position as the Company's Chief Financial Officer.
On November 22, 2021, Ms. Benson entered into a Transition Services Agreement (the “Agreement”) providing for her resignation as of that date
On November 1, 2021, the Company announced that Thurman Case is planning to retire from his position as chief financial officer.
On September 29, 2021, the Board of Directors of Cirrus Logic, Inc. (the “Company”) appointed Raghib Hussain to serve as a director.
Max materiality 0.85 · Median 0.70 · Most common event earnings