Cirrus Logic, Inc. Stock News

Arm Holdings should see a double benefit from the iPhone 16. Cirrus is the company with the biggest ties to the iPhone's success.

Cirrus Logic, Inc. (CRUS) has long been a leading mobile phone chip provider, but its prospects are growing more thanks to AI-driven mobile devices.

Cirrus Logic recently delivered stronger-than-expected results, a trend that's likely to continue. The company is expected to win more business from its largest customer, which is all set to dive into the AI smartphone market next month.

Future earnings growth for FS-2025 remain on track at $8 per share. Cirrus Logic reported strong revenue and earnings for Q1 fiscal 2025, with revenue gains meeting targets. Unlike Cirrus, Qorvo and Skyworks reported meager revenue outlooks for September 2024 quarter supporting that Cirrus' gain was from ASP growth.

Cirrus Logic Inc. NASDAQ: CRUS is a semiconductor developer focused on audio and haptic technology. Haptics refer to the touch response feedback you receive, such as the subtle vibrations when tapping on a smartphone screen or the rattle of a video game controller during a firefight.

Semiconductor stocks finished the last big week of Q2 earnings season with a mixed bag of winners and losers. Cirrus Logic was among the winners.

Cirrus Logic, Inc. (NASDAQ:CRUS ) Q1 2025 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Chelsea Heffernan - Vice President of Investor Relations John Forsyth - Chief Executive Officer Ulf Habermann - Interim Chief Financial Officer Conference Call Participants Thomas O'Malley - Barclays Capital Matt Ramsay - TD Cowen David Williams - The Benchmark Company Operator Ladi...

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 the first quarter of fiscal year 2025, which ended June 29, 2024, as well as the company's current business outlook. “Cirrus Logic delivered revenue above the top end of our guidance range in the Ju...