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).
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 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.
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 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.
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 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.
Record FY23 revenue $1.90B (+7% YoY); GAAP EPS $3.09, non-GAAP $6.42.
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 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 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 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 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