Cirrus Logic, Inc. (CRUS)
Market Cap | 6.94B |
Revenue (ttm) | 1.79B |
Net Income (ttm) | 274.57M |
Shares Out | 53.45M |
EPS (ttm) | 4.90 |
PE Ratio | 26.48 |
Forward PE | 20.23 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 340,852 |
Open | 127.14 |
Previous Close | 127.29 |
Day's Range | 126.59 - 130.29 |
52-Week Range | 65.02 - 130.29 |
Beta | 0.97 |
Analysts | Strong Buy |
Price Target | 110.00 (-15.23%) |
Earnings Date | Aug 1, 2024 |
About CRUS
Cirrus Logic, Inc., a fabless semiconductor company, develops low-power high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, soft... [Read more]
Financial Performance
In 2023, Cirrus Logic's revenue was $1.79 billion, a decrease of -5.73% compared to the previous year's $1.90 billion. Earnings were $274.57 million, an increase of 55.39%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CRUS stock is "Strong Buy." The 12-month stock price forecast is $110.0, which is a decrease of -15.23% from the latest price.
News
Cirrus Logic Unveils Its Latest Additions to Its Family of Professional Audio Converters
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS) today unveiled the latest devices in its Pro Audio product family: a series of digital-to-analog converters (DACs) and an ultra-high perform...
Cirrus Logic Shares' Signals Anything But Mixed
Fabless semiconductor company Cirrus Logic, Inc. (CRUS) develops mixed-signal processing solutions, but its stock performance is anything but mixed – it's thriving – especially over time.
CMG Announces Appointment of Alex Davern to the Board of Directors
CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that Alex Davern has been appointed to the Board of Director...
Cirrus Logic to Present at Upcoming Conferences
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) announced that the company will be presenting at the following investor conferences: New York, May 29 – Cirrus Logic Chief Executive O...
Cirrus Logic Nominates William D. Mosley for Election to Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (NASDAQ: CRUS) today announced that its board of directors nominated William D. Mosley to stand for election at the company's 2024 Annual Meeting, currentl...
Cirrus Logic Announces CFO Transition
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced the resignation of its Chief Financial Officer (CFO), Venk Nathamuni, effective May 24, 2024, to pursue an opportunity...
Cirrus Logic Reports Fiscal Fourth Quarter Revenue of $371.8 Million and Full Fiscal Year 2024 Revenue of $1.79 Billion
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for t...
Cirrus Logic to Report Fourth Quarter and Full Fiscal Year 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its fourth quarter and full fiscal year 2024 financial results and business outlook on the ...
Cirrus Logic to Present at Upcoming Conference
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) announced that President and Chief Executive Officer John Forsyth and Chief Financial Officer Venk Nathamuni will present at the Morga...
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Cirrus Logic Reports Record Revenue of $619.0 Million for Fiscal Third Quarter
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for t...
Cirrus Logic, Intel, and Microsoft Announce Latest Reference Design to Enable “Cool, Quiet, and High Performance” PCs
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS) announced today a collaboration with Intel and Microsoft on a new PC reference design which will feature Cirrus Logic's high-performance aud...
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Deirdre Hanford's Appointment as CEO of the National Center for the Advancement of Semiconductor Technology
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) congratulates Deirdre Hanford, a member of Cirrus Logic's Board of Directors since 2018, on her appointment as CEO of Natcast, the exp...
Cirrus Logic to Report Third Quarter Fiscal Year 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its third quarter fiscal year 2024 financial results and business outlook on the Investor R...
Flewber Global Inc. Acquires First Cirrus Vision Jet for Flewber Hops Personal Air Mobility Service
NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Flewber Global Inc., an innovator in local and regional air taxi operations, today announced the acquisition of its first Cirrus Vision Jet for its upcoming...
Cirrus Logic Reports Fiscal Second Quarter Revenue of $481.1 Million
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for t...
Cirrus Logic to Report Second Quarter Fiscal Year 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its second quarter fiscal year 2024 financial results and business outlook on the Investor ...
Cirrus Logic Reports Fiscal First Quarter Revenue of $317.0 Million
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for t...
Cirrus Logic Helps Ease PC Industry Transition to New MIPI SoundWire® Interface
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic collaborates with Intel and Microsoft to ease transition to new MIPI SoundWire® interface (1.2.1) for a more immersive audio experience.
Cirrus Logic to Report First Quarter Fiscal Year 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its first quarter fiscal year 2024 financial results and business outlook on the Investor R...
Cirrus Logic to cut 5% of global workforce
Cirrus Logic Inc. CRUS, +2.13% said it will cut 5% of its workforce, or about 85 employees, according to a filing with the Securities and Exchange Commission late Wednesday. The job cuts are a result ...
ALE Empowers IT Data Driven Decisions With OmniVista Cirrus Release 10
PARIS--(BUSINESS WIRE)--Alcatel-Lucent Enterprise launches its next generation network management system, OmniVista Cirrus Release 10, for empowering IT data driven decisions.
New Pro Audio Family of Converters from Cirrus Logic Delivers True Transparent Audio Experience
AUSTIN, Texas--(BUSINESS WIRE)--Building on its history in audio, Cirrus Logic (Nasdaq: CRUS) announced today a new family of professional audio products that equips manufacturers with transparent aud...