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Cirrus Logic Inc (CRUS.OQ)

CRUS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Cirrus Logic Reports Q3 FY18 Revenue Of $482.7 Million
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Cirrus Logic Inc ::CIRRUS LOGIC REPORTS Q3 FY18 REVENUE OF $482.7 MILLION.Q3 NON-GAAP EARNINGS PER SHARE $1.59.Q3 GAAP EARNINGS PER SHARE $0.52.Q3 REVENUE $482.7 MILLION.COMPANY ANNOUNCES A $200 MILLION SHARE REPURCHASE PROGRAM.CIRRUS LOGIC- UNANTICIPATED WEAKNESS IN SMARTPHONE DEMAND THAT MATERIALIZED IN LATE DEC DROVE Q3 RESULTS BELOW EXPECTATIONS,FURTHER IMPACTED Q4 GUIDANCE.‍GAAP GROSS MARGIN IS EXPECTED TO BE BETWEEN 48 PERCENT AND 50 PERCENT FOR Q4​.Q4 REVENUE IS EXPECTED TO RANGE BETWEEN $300 MILLION AND $340 MILLION.CIRRUS LOGIC - SHARE REPURCHASES WILL BE FUNDED FROM WORKING CAPITAL, ANTICIPATED CASH FROM OPERATIONS.FOR Q4, SEES COMBINED GAAP RESEARCH AND DEVELOPMENT AND SG&A EXPENSES ARE EXPECTED TO RANGE BETWEEN $130 MILLION AND $136 MILLION.Q3 EARNINGS PER SHARE VIEW $1.69, REVENUE VIEW $529.4 MILLION -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $372.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Cirrus Logic reports Q2 non-GAAP EPS of $1.36
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Cirrus Logic Inc ::Cirrus Logic reports Q2 FY18 revenue of $425.5 million.Q2 non-GAAP earnings per share $1.36.Q2 GAAP earnings per share $1.10.Q2 revenue $425.5 million versus I/B/E/S view $410.3 million.Q2 earnings per share view $1.21 -- Thomson Reuters I/B/E/S.For Q3 FY18 revenue is expected to range between $510 million and $550 million​.For Q3 FY18 GAAP gross margin is expected to be between 48 percent and 50 percent​.  Full Article

Cirrus Logic Q1 GAAP earnings per share $0.64
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Cirrus Logic Inc :Cirrus Logic reports Q1 FY18 revenue of $320.7 million.Q1 non-GAAP earnings per share $0.81.Q1 GAAP earnings per share $0.64.Q1 revenue $320.7 million versus I/B/E/S view $320.2 million.Q1 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.Cirrus Logic Inc - ‍Q2 FY18 revenue is expected to range between $390 million and $430 million​.  Full Article

Cirrus Logic reports Q4 revenue of $327.9 million
Wednesday, 3 May 2017 

May 3 (Reuters) - Cirrus Logic Inc :Cirrus Logic reports Q4 revenue of $327.9 million and $1.5 billion for FY17.Q4 non-GAAP earnings per share $0.85.Q4 GAAP earnings per share $0.52.Q4 revenue $327.9 million versus I/B/E/S view $320.9 million.Q4 earnings per share view $0.70 -- Thomson Reuters I/B/E/S.Cirrus Logic Inc - Q1 revenue is expected to range between $300 million and $340 million.Qtrly GAAP gross margin of 50.1 percent and non-GAAP gross margin of 50.2 percent.Q1 revenue view $319.2 million -- Thomson Reuters I/B/E/S.GAAP gross margin is expected to be between 48 percent and 50 percent for Q1 2018.  Full Article

Cirrus Logic reports Q3 revenue of $523 million
Wednesday, 1 Feb 2017 

Cirrus Logic Inc - : Cirrus logic reports Q3 revenue of $523 million . Q3 non-gaap earnings per share $1.87 . Q3 gaap earnings per share $1.83 . Q3 revenue $523 million versus I/B/E/S view $495.2 million . Q3 earnings per share view $1.62 -- Thomson Reuters I/B/E/S . Sees q4 2017 revenue $300 million to $340 million . Sees q4 2017 gaap gross margin to be between 48 percent and 50 percent .Q4 revenue view $334.0 million -- Thomson Reuters I/B/E/S.  Full Article

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Older iPhones may lose dongles, move to hurt chip supplier Cirrus - Barclays

Apple Inc's older iPhones would no longer include lightning-to-headphone jack adapters, the company's website showed on Thursday, which according to Barclays would hurt audio chip supplier Cirrus Logic .