Cirrus Logic, Inc.'s (NASDAQ: CRUS ) price recently dropped based on what now appears to be short-sided news reports. The news was mixed, most of it very positive. The few negative reports, one from ming-Kuo and two from Barclays, drove theI have been an investor for several decades enduring the 87 crash, 2000 crash, and 08 crash. I do use trading systems developed with TradeStation. I have enjoyed the rewards from both buy and hold and trading. My professional experiences includes several decades as a proc ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Cirrus Logic (CRUS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Cirrus Logic is a member of the Computer and Technology sector. This group includes 621 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector ...

Cirrus Logic, Inc.’s (CRUS) stock is continuing its upward trajectory, with a gain of 89.3% in the past year compared with 23.7% and 58.5% rise of the S&P 500 composite and the sub-industry, respectively.Closing at $136.63 as of yesterday’s trading session, CRUS stock is currently trading 7.3% below its 52-week high of $147.46 attained on Aug. 29, 2024. From a valuation perspective, CRUS is trading at a discount. Going by its forward 12-month price-to-earnings ratio, CRUS is trading at a multiple of 20.7, b ...

A month has gone by since the last earnings report for Cirrus Logic (CRUS) . Shares have added about 11.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cirrus Logic due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Cirrus Logic Q1 Earnings & Revenues BeatCirrus L ...

This chipmaker is set to capitalize on the growing demand for AI smartphones thanks to its largest customer.Semiconductor specialist Cirrus Logic (CRUS 3.35%) may not be a household name like some of its industry peers, but the company has done impressively well on the market so far this year with gains of 69% as of this writing.Cirrus, which is known for supplying chips for Apple's (NASDAQ: AAPL) products, has outpaced the broader Nasdaq-100 Technology Sector index's gains of 10% by a big margin. The good ...

Cirrus Logic, Inc.’s (CRUS) stock is continuing its upward trajectory, with a gain of 58.7% year to date (YTD) compared with 12.3% and 12.7% growth of the S&P 500 composite and the sub-industry, respectively.The stock is down 7.5% from its 52-week high level of $142.83, reflecting further potential upside.Cirrus Logic is a fabless semiconductor supplier that develops low-power, high-precision mixed-signal processing solutions.With healthy fundamentals and strong growth opportunities, this Zacks Rank #2 (Buy ...

Did you analyze how Cirrus Logic (CRUS) fared in its international operations for the quarter ending June 2024? Given the widespread global presence of this chipmaker, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for inves ...

文章核心观点 - 公司第一财季调整后每股收益1.12美元,超出市场预期80.7%,同比增长67.2% [1] - 公司第一财季总收入374百万美元,超出市场预期17.7%,同比增长18% [2] - 公司股价在财报发布后上涨11.9%,过去一年涨幅39.1%,超过行业平均37.7% [3] 高性能混合信号业务 - 该业务占总收入41%,同比增长27.9%至155百万美元 [5] - 该业务原先预期为188.6百万美元 [6] 音频业务 - 该业务占总收入59%,同比增长11.8%至218.9百万美元 [5] - 该业务原先预期为124.5百万美元 [6] 财务指标 - 非GAAP毛利率为50.6%,与上年同期持平 [7] - 非GAAP营业费用同比增长3.7%至118百万美元 [8] - 非GAAP营业利润同比增长55.2%至71.2百万美元,利润率提升至19% [9] - 现金及可流动证券余额为517百万美元,较上年同期增加 [10] - 应收账款为190.1百万美元,较上年同期减少 [11] - 本季度经营活动产生净现金流87.2百万美元,自由现金流77百万美元 [12] - 公司回购了361,218股,剩余回购额度274.1百万美元 [13] 下季度指引 - 预计收入490-550百万美元 [14] - 预计研发及销售费用149-155百万美元 [14] - 预计毛利率50-52% [14] - 预计非GAAP营业费用125-130百万美元 [14]

财务数据和关键指标变化 - 公司在2025年第一季度实现收入374百万美元,超出了指导范围的上限,主要由于智能手机出货量强于预期 [11] - 毛利润为189.2百万美元,毛利率为50.6%,环比下降130个基点,主要由于新产品投产导致的供应链成本上升 [20][21] - 非GAAP营业利润为71.2百万美元,占收入19%,体现了收入和盈利能力的提升 [22] - 非GAAP净利润为62.4百万美元,每股1.12美元 [22] - 公司现金和投资余额为744.6百万美元,无债务,经营活动产生的现金流为87.2百万美元,自由现金流率约21% [23][26] 各条业务线数据和关键指标变化 - 公司的核心智能手机音频业务实现了重大里程碑,开始量产下一代定制功放和首款22纳米智能编解码器 [13][14] - 这两款新产品预计将在未来多代客户设备中出货,前一代产品在过去6年内出货超过10亿和35亿件 [14] - 公司正在努力拓展智能手机高性能混合信号功能,如第三代相机控制器,预计将带来更多有利的机会 [15][16] - 公司还在投资电源管理、电池管理等技术,以推动产品多元化 [16] 各个市场数据和关键指标变化 - 公司在笔记本电脑市场取得进展,已与全球前6大笔记本电脑OEM厂商均有设计赢单,看好未来增长机会 [17][38][39] - 公司最新推出的高性能模拟数字转换器和音频编解码器产品在专业和准专业音频市场获得良好反馈 [18] 公司战略和发展方向及行业竞争 - 公司的长期战略包括:保持智能手机音频核心业务领导地位、持续拓展智能手机高性能混合信号功能、利用这些技术进入新市场 [12] - 公司正在加大在电源管理、电池管理等领域的投资,看好这些技术在未来的发展潜力 [49][50] - 公司看好笔记本电脑市场的机会,认为可以通过音频、触觉驱动、电源转换等产品提升终端用户体验,增加单机价值和市场份额 [17][38][39] 管理层对经营环境和未来前景的评论 - 公司对当前的强劲需求和订单感到高兴,但不会对未来几个季度的表现做过于乐观的假设 [36][37] - 公司认为,智能手机市场的AI升级周期以及笔记本电脑市场的机会都值得期待,将继续投资以把握这些机遇 [38][39][49][50] 其他重要信息 - 公司将继续通过股票回购等方式回报股东 [27] - 公司不会讨论与最大客户的具体业务关系 [31] 问答环节重要的提问和回答 问题1 **Thomas O'Malley 提问** 询问公司业务强于预期的原因,以及对PC市场和AI PC机会的看法 [34][35][47][48] **John Forsyth 回答** 公司根据客户和供应链信息进行指导,本季度需求持续强于预期;对PC市场和AI PC机会保持乐观,认为可以通过音频、触觉、电源等产品带来增量机会 [36][37][38][39][40] 问题2 **Unidentified Analyst 提问** 询问公司在工业应用领域的数模转换产品策略和计划 [41][42][43][44][45] **John Forsyth 回答** 公司看好这一业务的长期回报,正在投入资源优化和丰富产品线,主要瞄准专业音频、工业和汽车等领域,未来会持续跟进进展 [42][43][45] 问题3 **Matt Ramsay 提问** 确认季度时间偏移的影响,并询问新一代编解码器和功放产品对毛利率的影响 [51][52][53][54] **Ulf Habermann 回答** 确认季度时间偏移的影响;新产品投产将带来毛利率的小幅改善,主要得益于产品组合优化和供应链成本优化 [52][53][54]

文章核心观点 - 公司本季度业绩超出市场预期,每股收益为1.12美元,高于预期的0.62美元[1][2] - 公司营收为3.74亿美元,也超出市场预期17.73%[3] - 公司连续4个季度超出市场EPS和营收预期[2][3] - 公司股价今年以来上涨35.7%,超过标普500指数8.7%的涨幅[4] 行业和公司分析 - 公司所属电子半导体行业目前在250多个扎克斯行业排名中位于底部40%[10] - 扎克斯研究显示,排名前50%的行业相比排名后50%的行业,业绩表现会好2倍以上[10] - 同行业公司Pixelworks预计本季度每股亏损0.15美元,营收同比下降37.6%[12]