Cirrus Logic, Inc. (CRUS)
Market Cap | 4.96B |
Revenue (ttm) | 1.79B |
Net Income (ttm) | 176.06M |
Shares Out | 53.94M |
EPS (ttm) | 3.19 |
PE Ratio | 28.82 |
Forward PE | 16.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 53,987 |
Open | 91.93 |
Previous Close | 91.94 |
Day's Range | 91.63 - 92.61 |
52-Week Range | 65.02 - 111.15 |
Beta | 1.00 |
Analysts | Strong Buy |
Price Target | 95.63 (+3.94%) |
Earnings Date | May 2, 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 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 digital signal processing; boosted amplifiers; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, softwa... [Read more]
Financial Performance
In 2022, Cirrus Logic's revenue was $1.90 billion, an increase of 6.52% compared to the previous year's $1.78 billion. Earnings were $176.70 million, a decrease of -45.86%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CRUS stock is "Strong Buy." The 12-month stock price forecast is $95.63, which is an increase of 3.94% from the latest price.
News
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...
Cirrus Logic Brings Immersive Audio to PC Market
AUSTIN, Texas--(BUSINESS WIRE)--COMPUTEX TAIPEI – Cirrus Logic (Nasdaq: CRUS) announced today a premium audio solution built specifically for PCs that enables a louder, more immersive audio experience...
Cirrus Logic Nominates Duy-Loan T. Le for Election to Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (NASDAQ: CRUS) today announced that its board of directors nominated Duy-Loan T. Le to stand for election at the company's 2023 Annual Meeting expected to ...
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 31 – Cirrus Logic Chief Financial O...
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Cirrus Logic Reports Fiscal Fourth Quarter Revenue of $372.8 Million and Full Fiscal Year 2023 Revenue of $1.90 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 Aircraft Celebrates 9,000 SR Series Deliveries with Destination-Inspired Limited Edition Aircraft
FRIEDRICHSHAFEN, Germany--(BUSINESS WIRE)-- #Aviation--Cirrus Aircraft today unveiled a new, destination-inspired Limited Edition aircraft to commemorate the 9,000th SR Series aircraft delivery. The 9...
Cirrus Logic to Report Fourth Quarter and Full Fiscal Year 2023 Results
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its fourth quarter and full fiscal year 2023 financial results and business outlook on the ...