Announcement • May 09
Cirrus Logic, Inc. Provides Earnings Guidance for the First Quarter of the Fiscal Year 2027 Cirrus Logic, Inc. provided earnings guidance for the first quarter of the fiscal year 2027. For the quarter, the company expects revenue to be in the range of $430 million and $490 million. Reported Earnings • May 07
Full year 2026 earnings released: EPS: US$8.10 (vs US$6.24 in FY 2025) Full year 2026 results: EPS: US$8.10 (up from US$6.24 in FY 2025). Revenue: US$2.00b (up 5.3% from FY 2025). Net income: US$414.4m (up 25% from FY 2025). Profit margin: 21% (up from 18% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Global Semiconductor industry. Announcement • Apr 17
Cirrus Logic Introduces New Industrial Imaging Integrated Circuits For High-Precision Scan Applications Cirrus Logic announced the launch of a new family of industrial imaging integrated circuits (ICs) designed for high-precision scanning systems. This expands Cirrus Logic’s industrial portfolio and delivers a high-performance, highly integrated analog front-end solution for multi-function printers, scanners, and advanced industrial imaging platforms. Designed for applications ranging from office and home scanners to industrial flatbed systems and machine vision scanning platforms, the new imaging ICs capture and process LED reflections from scanned objects to produce accurate digital representations. This product family supports multi-lens and multi-channel scanning architectures used across a wide range of industrial and commercial imaging systems. Demand for precision imaging technologies continues to accelerate as commercial and industrial segments adopt more digital imaging hardware driven by broader use of machine-vision cameras, inspection systems, and integrated imaging platforms within industrial automation. This growth reflects increasing requirements for accuracy, speed and integrated signal processing solutions—which this new industrial imaging family addresses. As an extension of Cirrus Logic’s mixed-signal products, the new imaging ICs deliver higher performance through a redesigned SAR ADC architecture, enabling faster scan times, improved system efficiency and lower system costs. Integrated LED driver functionality, typically implemented as a discrete component, reduces complexity while providing a more streamlined design path for OEMs. The introduction of this product family fills a major gap in the industrial imaging market, where suppliers have limited options for high-performance scanning solutions. These imaging ICs provide OEMs with a scalable platform for deployment in products across performance tiers and channels, to deliver a variety of imaging systems and use cases. Cirrus Logic’s new industrial imaging IC family brings advanced imaging capabilities to the multi-function scanner market, commercial and enterprise scanning platforms, and industrial imaging systems, including flatbed scanning and high-precision surface inspections. Customers include global imaging OEMs, with broad adoption expected across industrial and commercial imaging markets. CS82L41 – Single-channel analog front-end IC with CMOS data output. CS82L44 – Four-channel analog front-end IC with CMOS/LVDS data output. CS82L46 – Six-channel analog front-end IC with CMOS/LVDS data output. Samples are available now for the new Cirrus Logic Industrial Imaging IC family of CS82L41, CS82L44, and CS82L46. Announcement • Apr 16
Cirrus Logic, Inc. to Report Q4, 2026 Results on May 06, 2026 Cirrus Logic, Inc. announced that they will report Q4, 2026 results at 4:00 PM, US Eastern Standard Time on May 06, 2026 Announcement • Apr 02
Cirrus Logic, Inc. Announces Change in Principal Accounting Officer, Effective March 25, 2026 Cirrus Logic, Inc. announced that effective March 25, 2026, Jeff Woolard, the Chief Financial Officer of the company assumed the additional role of the Principal Accounting Officer. In connection with this change, Ulf Habermann ceased serving as the Company's Principal Accounting Officer and will continue to serve in a senior role within the Company's finance organization. Mr. Habermann's transition from the role of Principal Accounting Officer was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. Announcement • Feb 04
Cirrus Logic, Inc. Provides Earnings Guidance for the Fourth Quarter of 2026 Cirrus Logic, Inc. provided earnings guidance for the fourth quarter of 2026. For the fourth quarter, the company expects revenue is expected to range between $410 million and $470 million. Announcement • Jan 15
Cirrus Logic, Inc. to Report Q3, 2026 Results on Feb 03, 2026 Cirrus Logic, Inc. announced that they will report Q3, 2026 results at 4:00 PM, US Eastern Standard Time on Feb 03, 2026 Announcement • Dec 09
Cirrus Logic Introduces New Family of Advanced Closed-Loop Haptic Drivers for Next-Generation Automotive Interfaces Cirrus Logic announced the launch of its new family of closed-loop haptic drivers CS40L51, CS40L52 and CS40L53, marking the company's first haptic driver solutions reliability qualified in accordance with the AEC-Q100 automotive standard. The new family of products brings Cirrus Logic's proven expertise in consumer and smartphone haptics to the automotive space, enabling a more consistent, immersive and intuitive tactile user experience across a wide range of in-cabin interfaces. As automakers look to elevate and differentiate vehicles with personalized, immersive experiences, haptics-enabled smart surfaces play a critical role in enabling premium interior designs that are sleek, modern and sustainable. Cirrus Logic's closed-loop technology improves actuator response, creates a wider range of haptics effects and delivers consistent performance across varying conditions. This ensures high-definition haptics feedback on interactive displays, steering wheels, smart surfaces, center consoles, smart seats and more. Cirrus Logic's CS40L51/52/53 family offers a range of features satisfying different use cases and budgets. It simplifies the design process for engineers by integrating key components into an efficient solution. The drivers' advanced closed-loop hardware and algorithm improve the response time of the actuator and expand usable frequency bandwidth to create a wider range of haptic effects. These new haptics solutions support a broader range of tactile effects and enable new and better ways to leverage haptics for automotive user experiences. CS40L51 - Combines advanced Sensor-less Velocity Control (SVC), real-time audio to haptics synchronization (A2H) and active vibration compensation (AVC) for immersive, high-fidelity feedback. CS40L52 - Features the advanced closed-loop control SVC that optimizes the system's haptics performance in real-time by reducing response time, increasing frequency bandwidth and compensating for manufacturing tolerances and temperature variation. CS40L53 - Features the Click Compensation algorithm to enable consistent haptics feedback across systems by adjusting haptic effects based on the actuator manufacturing characteristics. By leveraging Cirrus Logic's deep expertise in signal processing and consumer electronics, the CS40L51/53 drivers provide automotive designers with a scalable platform for both current and future generations of haptics-enabled automotive solutions. Key Benefits: Consistent haptics performance across manufacturing and temperature variation through advance closed-loop algorithms; Wider frequency range of haptics feedback compared to a conventional system enabling new user experiences and textured effects; Intuitive high-definition haptics data enabled by the advanced closed-loop algorithm which improves the actuator response time; Haptics tools that simplify waveform design to accelerate development cycles; Reliability qualified in accordance with the a wide range of automotive applications. Engineering samples of CS40L51, CS40L52 and CS40L53 are available now, with mass production expected to begin in December 2025. Announcement • Nov 05
Cirrus Logic, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2026 Cirrus Logic, Inc. provided earnings guidance for the third quarter of fiscal year 2026. For the quarter, revenue is expected to range between $500 million and $560 million. Announcement • Oct 15
Cirrus Logic, Inc. to Report Q2, 2026 Results on Nov 04, 2025 Cirrus Logic, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Nov 04, 2025 Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to Mex$2,254, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 26x in the Semiconductor industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$1,426 per share. Announcement • Aug 06
Cirrus Logic, Inc. Provides Earnings Guidance for the Second Quarter 2026 Cirrus Logic, Inc. provided earnings guidance for the second quarter 2026. For the quarter, revenue is expected to range between $510 million and $570 million. Reported Earnings • Aug 06
First quarter 2026 earnings released: EPS: US$1.17 (vs US$0.79 in 1Q 2025) First quarter 2026 results: EPS: US$1.17 (up from US$0.79 in 1Q 2025). Revenue: US$407.3m (up 8.9% from 1Q 2025). Net income: US$60.7m (up 44% from 1Q 2025). Profit margin: 15% (up from 11% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Global Semiconductor industry. Announcement • Jul 17
Cirrus Logic, Inc. to Report Q1, 2026 Results on Aug 05, 2025 Cirrus Logic, Inc. announced that they will report Q1, 2026 results at 4:00 PM, Eastern Daylight on Aug 05, 2025 Announcement • Jun 24
Cirrus Logic, Inc. Expands Pro Audio Portfolio with New Range of ADCs and DACs Cirrus Logic, Inc. announced the launch of its latest additions to the Pro Audio product family: two analog-to-digital converters (ADCs) and two digital-to-analog converters (DACs) that are designed to deliver exceptional audio performance at a cost-effective price point. These devices are tailored for HiFi playback, installed audio systems, professional audio setups, musical instruments, and USB audio interfaces. Building on the success of Cirrus Logic's professional audio components, the new ADCs and DACs further expand product portfolio. These components offer a premium feature set with exceptional performance at an alternative price point, making them accessible to a wider variety of end products. This launch underscores Cirrus Logic's commitment to meeting the needs of the prosumer audio market, providing more customers with access to high-quality solutions that cater to a broader range of audio applications. Key Features of the New ADCs and DACs: Hybrid Gain Control: Enables precise adjustments for optimal audio capture and playback. Differentiated Digital Filters: Allows users to customize their sound signature for unique applications. Exceptional Power-to-Performance Ratio: Combines energy efficiency with high-quality sound reproduction. Ease of Integration: Supports diverse audio setups with seamless integration. Product Availability: The new ADCs (CS5308S and CS5304S) and DACs (CS4308S and CS4304S) are now available for sampling. Customers can configure these devices using Cirrus Logic's SoundClear® Studio software, ensuring flexibility, and ease of use. Announcement • Jun 05
Cirrus Logic, Inc., Annual General Meeting, Jul 29, 2025 Cirrus Logic, Inc., Annual General Meeting, Jul 29, 2025. Announcement • Apr 17
Cirrus Logic, Inc. to Report Q4, 2025 Results on May 06, 2025 Cirrus Logic, Inc. announced that they will report Q4, 2025 results at 4:00 PM, Eastern Daylight on May 06, 2025 Announcement • Dec 06
Cirrus Logic Announces the Launch of Its New Range of Timing Products Cirrus Logic announced the launch of its new range of timing products, designed to deliver superior audio experiences in automotive and professional audio applications. The launch of this new product line is designed to bring innovation to the industry and provide existing customers with a smooth transition from their previous high-performance timing devices, enhancing functionality and elevating the overall user experience. The new timing devices, CS2500, CS2501, and CS2600, offer a seamless upgrade path for all existing timing customers while introducing advanced features to the market that generate stable low-jitter clocks and provide an ideal clocking solution for the most prevalent audio networks, enabling downstream audio-data converters and digital-audio systems to maximize their performance while keeping the systems completely synchronized. These innovations position Cirrus Logic's timing solutions as the ideal choice for system designers seeking to optimize audio performance across demanding applications. Versatility and Precision The series is designed to be the perfect fit for a wide range of systems, offering: Synchronization capabilities for complex audio networks; Improved reliability in automotive environments; Enhanced scalability for professional audio setups. This comprehensive feature set makes it an ideal choice for designers looking for a well-rounded clocking solution for high-fidelity audio subsystems within automotive and pro audio applications. The new Cirrus Logic timing devices are now available for sampling to qualified customers. Full production is scheduled for May 2025. Announcement • Nov 05
Cirrus Logic, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2025 Cirrus Logic, Inc. provided earnings guidance for the third quarter of fiscal year 2025. For the quarter, revenue is expected to range between $480 million and $540 million. Announcement • Oct 18
Cirrus Logic, Inc. to Report Q2, 2025 Results on Nov 04, 2024 Cirrus Logic, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 04, 2024 Recent Insider Transactions • Aug 14
Insider recently sold Mex$2.5m worth of stock On the 9th of August, Justin Dougherty sold around 1k shares on-market at roughly Mex$2,481 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$3.8m. Insiders have been net sellers, collectively disposing of Mex$21m more than they bought in the last 12 months. Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: US$0.79 (vs US$0.28 in 1Q 2024) First quarter 2025 results: EPS: US$0.79 (up from US$0.28 in 1Q 2024). Revenue: US$374.0m (up 18% from 1Q 2024). Net income: US$42.1m (up 170% from 1Q 2024). Profit margin: 11% (up from 4.9% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Global Semiconductor industry. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Jul 19
Cirrus Logic, Inc. to Report Q1, 2025 Results on Aug 06, 2024 Cirrus Logic, Inc. announced that they will report Q1, 2025 results at 4:00 PM, Eastern Daylight on Aug 06, 2024 Announcement • Jun 25
Cirrus Logic, Inc. Unveils Its Latest Additions to Its Family of Professional Audio Converters Cirrus Logic, Inc. unveiled the latest devices in its Pro Audio product family: a series of digital-to-analog converters (DACs) and an ultra-high performance audio CODEC that set a new standard for the prosumer and professional audio markets. These new solutions cater to the needs of recording artists, live performers, and audiophiles, delivering transparent audio converters to ensure recording and playback without any compromise in sound quality. This launch expands on last year's successful analog-to-digital converters (ADCs) launch. Crafted with a focus on superior analog functionality and digital integration, these devices from Cirrus Logic offer exceptional performance, minimal power requirements, and innovative features like hybrid gain control, addressing longstanding audio challenges in the industry. Designed with ease of use in mind, the Cirrus Logic Pro Audio 8-channel DAC CS4308P, 4-channel CS4304P, 2-channel CS4302P and CODEC CS4282P seamlessly integrate within a wide range of audio equipment. These new devices offer configurable advanced digital filters allowing customers to define their signature sound. Cirrus Logic designs the devices with users in mind, making them as simple as possible to integrate and extract their full potential. The Pro Audio family also offers power efficiency at 10 mW/ch for the 8/4-channel DACs, underlining Cirrus Logic’s longstanding commitment to bringing energy-efficient products to market. These new devices are 32-bit offering sample rates of up to 768 kHz, providing 129 dB of dynamic range for the CS4302P/CS4282P and 123 dB for the CS4304/8P. THD+N for these devices are all -114 dB or lower. Announcement • May 23
Cirrus Logic, Inc. Logic Announces Retirement of Tim Dehne from the Board Cirrus Logic, Inc. announced that Tim Dehne will retire from the board by not standing for re-election at the upcoming Annual Meeting. Mr.Dehne has been a member of the Cirrus Logic board since 2009. Announcement • May 18
Cirrus Logic, Inc. Announces Chief Financial Officer Changes, Effective May 24, 2024 Cirrus Logic, Inc. announced the resignation of its Chief Financial Officer (CFO), Venk Nathamuni, effective May 24, 2024, to pursue an opportunity outside the semiconductor industry. To facilitate a seamless transition while a search is conducted for a new CFO, the Company’s Board of Directors has appointed Ulf Habermann, Principal Accounting Officer, as interim CFO effective upon Mr. Nathamuni’s departure. During Mr. Habermann’s 22-year career at Cirrus Logic, he has held various roles in the finance organization, including Controller, Treasurer, and Vice President of Finance. Mr. Habermann will continue to serve as Principal Accounting Officer. Announcement • May 09
Cirrus Logic, Inc. Provides Earnings guidance for the First Quarter of Fiscal Year 2025 Cirrus Logic, Inc. provided earnings guidance for the first quarter of fiscal year 2025. For the period, the company revenue is expected to range between $290 million and $350 million. Announcement • Apr 20
Cirrus Logic, Inc. to Report Q4, 2024 Results on May 07, 2024 Cirrus Logic, Inc. announced that they will report Q4, 2024 results at 4:00 PM, Eastern Daylight on May 07, 2024 Announcement • Feb 07
Cirrus Logic, Inc. Provides Earnings Guidance for Fourth Quarter Fiscal Year 2024 Cirrus Logic, Inc. provided earnings guidance for Fourth Quarter Fiscal Year 2024. For the quarter, Revenue is expected to range between $290 million and $350 million. GAAP gross margin is expected to be between 49% and 51%. Announcement • Jan 31
Cirrus Logic, Inc. Announces Deirdre R. Hanford Not to Stand for Re-Election as Member of the Board of Directors Cirrus Logic, Inc. announced that on January 25, 2024, Deirdre R. Hanford, currently a member of the Board of Directors of 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. Ms. Hanford will continue to serve as a member of the Board until such meeting. Announcement • Jan 19
Cirrus Logic, Inc. to Report Q3, 2024 Results on Feb 06, 2024 Cirrus Logic, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 06, 2024 Announcement • Dec 16
Cirrus Logic, Inc. Announces Appointment of Cirrus Logic as Principal Accounting Officer On December 12, 2023, the Board of Directors of Cirrus Logic, Inc. 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. Mr. Habermann, age 48, joined the company in February 2002 as its Financial Analyst and, since then, has served in various other roles in the company's financial organization. Prior to being named Controller, Treasurer and Vice President of Finance in September 2021, Mr. Habermann served as Vice President FP&A, Corporate Procurement, and Facilities. Mr. Habermann will continue to report to Venk Nathamuni, the company's chief financial officer, who served as the company's principal accounting officer prior to Mr. Habermann's appointment. Announcement • Nov 04
Cirrus Logic, Inc. Announces Write-Off Results for the Second Quarter Ended September 30, 2023 Cirrus Logic, Inc. announced write-off results for the second quarter ended September 30, 2023. For the quarter, the company reported Loss on retirement or write-off of long-lived assets of $58,000 against $11,000 a year ago. Announcement • Nov 03
Cirrus Logic, Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2024 Cirrus Logic, Inc. provided earnings guidance for the third quarter of fiscal year 2024. For the quarter, Revenue is expected to range between $510 million and $570 million. Announcement • Oct 11
Cirrus Logic, Inc. to Report Q2, 2024 Results on Nov 02, 2023 Cirrus Logic, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 02, 2023 Announcement • Aug 04
Cirrus Logic, Inc. Provides Earnings Guidance for the Second Quarter of 2023 Cirrus Logic, Inc. provided earnings guidance for the second quarter of 2023. For the period, the company expects revenue to range between $430 million and $490 million and GAAP gross margin is forecasted to be between 49% and 51%. Announcement • Aug 03
Cirrus Logic Helps Ease PC Industry Transition to New MIPI Soundwire® Interface Cirrus Logic is offering an advanced audio solution to help ease PC manufacturers' migration to the MIPI SoundWire® interface (1.2.1 specification) for a richer, more immersive audio experience. Along with this recently introduced audio solution optimized for the PC platform, Cirrus Logic is collaborating with industry leaders Intel® and Microsoft to help ease the transition to the SoundWire interface and scalable architecture to deliver even better audio in next-generation laptop designs. At the heart of the Cirrus Logic advanced, low-power audio solution are the company's recently announced CS35L56 smart amplifier and CS42L43 Smart HIFI™? codec that are included in the Intel SoundWire-ready reference design aimed at helping laptop designers make a smooth migration to the new specification. To do this, Cirrus Logic offers a combined PC audio solution that contains a smart amplifier and codec that reduces the overall bill of materials. Both the Cirrus Logic CS35L56 smart amplifier, CS42L43 SmartHIFI codec provide for simple integration with a SoundWire Device Class Audio (SDCA) manager and are designed to work within Microsoft's ACX framework. Offering both flexibility and extendibility, Cirrus Logic's smart amplifiers and codecs offer a combined hardware, firmware and Windows driver solution that is compatible across processors and with any number of speakers. By choosing the number of CS35L56 amplifiers to pair with the CS42L43 codec, OEMs can scale their solutions for performance and value while simplifying their SoundWire design implementations. As part of the SoundWire-compatible reference design from Intel, Cirrus Logic's CS35L56 smart amplifier helps PC manufacturers deliver rich audio with deeper bass, balanced sound and dynamic range from compact multiple-speaker designs in the thinnest of laptops. For a top-tier headset audio experience, the Cirrus LogicCS42L43 PC audio codec delivers great voice clarity, high dynamic range and low distortion. MIPI SoundWire Specification: The MIPI SoundWire specification was introduced by the MIPI Audio Working Group in 2014 to help consolidate many of the key attributes in mobile and PC audio interfaces to provide a common, comprehensive interface and scalable architecture to enable audio features and functions in multiple types of devices. The v1.2.1 specification (June 2022) supports the use of advanced amplifiers and microphones and helps optimize speaker protection, microphone power and performance, noise cancellation and always-listening audio input. Audio Expertise: Cirrus Logic has shipped more than five billion amplifiers in five of the top 10 smartphone manufacturers and four of the top five PC OEMs. Spanning several decades, Cirrus Logic’s flagship expertise has contributed to a variety of audio applications across the pro audio, PC, mobile and smartphone audio markets. Announcement • Jul 14
Cirrus Logic, Inc. to Report Q1, 2024 Results on Aug 03, 2023 Cirrus Logic, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2023 Announcement • Jun 23
Cirrus Logic Announces New Pro Audio Family of Converters from Cirrus Logic Delivers True Transparent Audio Experience Cirrus Logic announced a new family of professional audio products that equips manufacturers with transparent audio converters, allowing designers to customize their products. The newly rearchitected Cirrus Logic Pro Audio Family of converters initially includes high-performance, low-power analog-to-digital converters (ADCs), followed later this year by digital-to-analog converters (DACs) and an audio codec. Using a process optimized for analog performance and digital density, Cirrus Logic's pro audio devices offer low power consumption along with system-level enhancements, such as hybrid gain control, to solve common industry audio problems. The first products to be introduced are a series of three ADCs aimed at providing transparent audio conversion within a device that is simple to use and integrate. The Cirrus LogicCS5302P stereo ADC, CS5304P 4-channel ADC and CS5308P 8-channel ADC are designed to be used in digital mixers, USB audio interfaces, home audio and audio video receivers, musical instruments such as synthesizers, DJ mixers and amplifiers, video recording and automotive applications. A simple control scheme together with a single power rail and flexible clocking configuration make these devices easy to integrate for all markets. Now, see the low power consumption and new hybrid gain control as key features can use to enhance their own products in the future. Hybrid gain control Solves Front-End Gain Complexities: Cirrus Logic's hybrid gain control redefines microphone front-end gain design to reduce pop noise and simplify the customer's system design, when compared to existing solutions. By co-locating the analog and digital gain states within one device, gain transactions between the two are matched. This feature allows customers to retain their existing mic preamp design as a product differentiator while reducing the overall system complexity. The hybrid gain control is suited to all customers implementing mic-pre gain control, such as digital mixing consoles and USB audio interfaces for digital audio workstations, as well as other applications. Whether in the studio or at home, the rearchitected Pro Audio Family delivers excellent performance all within a 25mW/ch power budget. The devices being introduced are 32-bit resolution ADCs that support differential analog input with sample rates up to 768 kHz. The ADCs use a 5th-order, multibit sigma-delta modulator followed by digital filtering and decimation to provide a dynamic range of 126dB for the CS5302P and 123dB for the CS5304/8P. THD+N for all products is below -110 dB. Samples of the CS5302/04/08P ADCs are available to order now. The converters are controllable and configurable using Cirrus Logic’s SoundClear® Studio software, which is available at the website. Samples of the DACs and codec will be available to order in December 2023. Announcement • Jun 01
Cirrus Logic, Inc. Brings Audio Solution Built Specifically for PCs Cirrus Logic, Inc. announced a premium audio solution built specifically for PCs that enables a louder, more immersive audio experience, whether listening to voice calls and music from the small internal speakers on ultrathin laptops or from headphones. Cirrus Logic's PC-optimized audio solution includes the Cirrus Logic®? CS35L56 smart amplifier packed with processing power to deliver higher performing audio and the low-power CS42L43 SmartHIFI™? PC audio codec that integrates a MIPI SoundWire®? interface (v1.2). This advanced audio solution also simplifies design for PC manufacturers and contributes to a reduction in the total number of components to save board space and lower bill of material costs. The CS42L43 audio codec is available in a 13mm2 chip scale package, which contributes to a combined solution that is more than 50% smaller compared to competing products. The PC-optimized solution enables designs with lower cost and less waste due to lower power consumption, reduced board space and fewer components. Cirrus Logic's PC audio solution enables a frustration-free, simpler design process and eases OEM's transition to the industry's new SoundWire®? interface (v1.2). The CS35L56 amplifier provides for simple integration with a SoundWire Device Class Audio manager and is designed to work within Microsoft's ACX framework. Offering both flexibility and extendibility, Cirrus Logic's audio solution combines a hardware, firmware and Windows driver solution, making it compatible across processors and with any number of speakers. By choosing the number of CS35L56 amplifiers to pair with the CS42L43 codec, OEMs also can scale their solutions for performance and value. Product Availability: The 55-nm process CS35L56 is available in a commercial-grade 34-pin QFN package. The CS35L56 audio codec is available in a commercial- grade, 70-ball WLCSP (wafer-level chip scale package) and a commercial-grade, 88-pin QFN package. Announcement • May 06
Cirrus Logic, Inc. Provides Earnings Outlook for the First Quarter 2024 Cirrus Logic, Inc. provided earnings outlook for the First Quarter 2024. For the period, the company Revenue is expected to range between $260 million and $320 million. Recent Insider Transactions • Feb 09
Insider recently sold Mex$16m worth of stock On the 7th of February, Justin Dougherty sold around 8k shares on-market at roughly Mex$1,977 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$31m more than they bought in the last 12 months. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: US$1.87 (vs US$2.23 in 3Q 2022) Third quarter 2023 results: EPS: US$1.87 (down from US$2.23 in 3Q 2022). Revenue: US$590.6m (up 7.7% from 3Q 2022). Net income: US$103.5m (down 19% from 3Q 2022). Profit margin: 18% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Semiconductor industry. Announcement • Feb 03
Cirrus Logic, Inc. Provides Earnings Guidance for the Fourth Quarter of 2023 Cirrus Logic, Inc. provided earnings guidance for the fourth quarter of 2023. For the year, revenue is expected to range between $340 million and $400 million. Announcement • Jan 19
Cirrus Logic, Inc. to Report Q3, 2023 Results on Feb 02, 2023 Cirrus Logic, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 02, 2023 Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: US$1.57 (vs US$1.48 in 2Q 2022) Second quarter 2023 results: EPS: US$1.57 (up from US$1.48 in 2Q 2022). Revenue: US$540.6m (up 16% from 2Q 2022). Net income: US$87.2m (up 2.5% from 2Q 2022). Profit margin: 16% (down from 18% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Global Semiconductor industry. Recent Insider Transactions • Aug 11
Independent Director recently sold Mex$1.7m worth of stock On the 8th of August, Alexander Davern sold around 1k shares on-market at roughly Mex$1,718 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$6.5m. Insiders have been net sellers, collectively disposing of Mex$2.4m more than they bought in the last 12 months. Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: US$0.71 (vs US$0.30 in 1Q 2022) First quarter 2023 results: EPS: US$0.71 (up from US$0.30 in 1Q 2022). Revenue: US$393.6m (up 42% from 1Q 2022). Net income: US$39.7m (up 131% from 1Q 2022). Profit margin: 10% (up from 6.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.9% compared to a 22% growth forecast for the industry in Mexico.