Cirrus Logic Inc 's (CRUS) Outlook

Company Name, Ticker, Customers, else..

Cirrus Logic Inc (NASDAQ: CRUS)

Sector • Technology Industry • Semiconductors

Industry • Semiconductors

Sector • Technology

Cirrus Logic Inc Outlook

On February 5 2025 the Cirrus Logic Inc provided following guidance

nnCirrus Logic Inc. Reports Strong Fiscal Third Quarter Revenue of $555.7 Millionnn

AUSTIN, Texas – Cirrus Logic, Inc. (NASDAQ: CRUS) has announced impressive financial results for the third quarter of its fiscal year 2025, which concluded on December 28, 2024. The company reported a revenue figure of $555.7 million, significantly surpassing its initial guidance projections. The revenue surge can be attributed to higher-than-anticipated smartphone shipments during the December quarter.

In the quarterly Shareholder Letter published on their investor relations website, investor.cirrus.com, Cirrus Logic provided a comprehensive overview of their financial performance and an outlook for the business moving forward. “Our revenue for the December quarter exceeded the upper limit of our guidance, primarily driven by robust shipments into the smartphone market that outperformed our expectations,” stated John F., the company's representative.

This positive financial performance underlines Cirrus Logic's strategic positioning within the market and highlights ongoing demand for its audio and voice IC solutions. As the company continues to adapt to market changes and drives innovation, stakeholders can look forward to further updates in the upcoming quarters.,

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