净销售额和利润 - 2024财年净销售额为17.89亿美元，较2023财年的19亿美元下降[184] - 2024财年净利润为274,572千美元，基本每股收益为5.06美元[230] - 2024财年，Cirrus Logic, Inc.的净收入为2.74572亿美元[235] 财务状况 - 2024财年整体毛利率为51.2%，较2023财年的50.4%有所增加[188] - 2024财年经营活动现金流为4.217亿美元，较2023年的3.396亿美元增长[198] - 2024财年投资活动中，公司主要用于购买市场证券和资本支出，总计1.63亿美元[199] 财务风险和管理 - 公司的主要财务工具包括现金等，由外部专业管理人员管理，投资组合的利率风险较小[206] - 公司的主要财务风险包括利率风险和外汇风险，公司使用远期合同管理外汇风险[207] - 公司自1984年起由安永会计师事务所担任审计师[219] 融资和投资 - 公司于2021年7月签订了第二次修订的信贷协议，提供3亿美元的授信额度，到期日为2026年7月8日[201] - 公司于2021年7月8日与Wells Fargo Bank, National Association签订了第二次修订的信贷协议，提供了3亿美元的优先担保循环信贷设施，到期日为2026年7月8日[278] - 公司的循环信贷设施包含一些财务契约，要求公司的净杠杆比率不得大于3.00:1.00，且利息保障比率不得低于3.00:1.00[280] 客户和销售 - 公司的主要客户Apple Inc.占销售额的87%[251] - 2024财年，Cirrus Logic, Inc.的主要客户中最大的三家合同制造商分别为Foxconn、Pegatron和Luxshare Precision[250] - 根据地理细分标准，中国市场的净销售额为11.1431亿美元，美国为1.7971亿美元，其余地区为6.56609亿美元[281] 其他财务信息 - 公司的存货估值涉及管理过时和过剩存货的判断，可能受到市场和经济条件变化的影响[216] - 公司在2023财年对收购的无形资产进行了减值测试，由于中国智能手机市场的持续疲软，对Lion Semiconductor, Inc.的收购产生了负面影响，导致公司在2023财年录得了8580万美元的无形资产减值损失[274] - 公司股东权益中的股票回购计划在2024财年中回购了230万股普通股，总计1.86亿美元，平均成本为80.68美元每股[300]

Cirrus Logic (CRUS) witnessed healthy momentum this year so far. Shares of the company have gained 37.1% in the same time frame compared with the sub-industry’s growth of 16.3%.Cirrus Logic is a fabless semiconductor supplier that develops low-power, high-precision mixed-signal processing solutions. The company focuses on expanding markets where it can apply its high-precision, low-power mixed-signal processing knowledge to address challenging issues across the analog-to-digital divide.Image Source: Zacks I ...

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 Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. Mr. Davern is formerly the Chairman of the Board of Directors of ESI Group and spent more than 25 years in senior executive leadership roles at N ...

Many investors actively seek breakout stocks to buy with the potential for substantial returns. Three businesses in the information technology sector stand out as opportunities, offering a promising potential for substantial returns. These businesses provide viable growth prospects by combining financial stability, innovation and strategic positioning. These businesses are more than just ticker symbols, they are forward-thinking tactics, flexibility and resilience in a constantly changing environment. These ...

Blowout fundamentals are possible when your top client is doing well.Buoyed by a strong quarterly earnings report and resulting analyst price target lifts, audio processor specialist Cirrus Logic (CRUS 1.51%) was an outperformer of a stock in recent days. As of early Friday morning the company's share price had increased more than 17% week to date, according to data compiled by S&P Global Market Intelligence.A dynamite quarter for the specialty tech supplierCirrus posted its results for its fiscal fourth qu ...

Cirrus Logic Inc. (CRUS) reported fourth-quarter fiscal 2024 adjusted earnings per share (EPS) of $1.24, which beat the Zacks Consensus Estimate by 85.1%. Also, the bottom line increased 34.7% from the prior-year quarter’s 92 cents.Total revenues of $371.8 million surpassed the Zacks Consensus Estimate by 16.2% but decreased 0.3% year over year. The downtick was due to a reduction of general market and custom components, primarily in non-smartphone applications.Following the announcement, the company’s shar ...

Cirrus Logic, Inc. (NASDAQ:CRUS) Q4 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chelsea Heffernan - Vice President, Investor Relations John Forsyth - President & Chief Executive Officer Venk Nathamuni - Chief Financial Officer Conference Call Participants Matt Ramsay - TD Cowen Christopher Rolland - Susquehanna Tore Svanberg - Stifel Thomas O'Malley - Barclays Ananda Baruah - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Fou ...

Cirrus Logic (CRUS) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 85.07%. A quarter ago, it was expected that this chipmaker would post earnings of $2.01 per share when it actually produced earnings of $2.89, delivering a surprise of 43.78%.Over the last four quarters, the company h ...

Investor Relations Update As of May 7, 2024 Safe Harbor Statement Except for historical information contained herein, the matters set forth in this presentation contain forward-looking statements, including industry market projections; our revenue growth opportunities; our ability to grow the percent revenue derived from high-performance mixed-signal (HPMS) solutions beyond audio; our ability to fuel product and application diversification; our ability to maintain our leadership position in smartphone audio ...

Exhibit 99.2 Q4 and Full Fiscal Year 2024 Letter to Shareholders May 7, 2024 May 7, 2024 Dear Shareholders, In FY24, Cirrus Logic delivered full fiscal year revenue of $1.79 billion. GAAP and non-GAAP operating profit in FY24 were 19.2 percent and 25.0 percent, respectively, while FY24 GAAP and non-GAAP earnings per share were $4.90 and $6.59, respectively. Revenue decreased six percent year-over-year, while non-GAAP earnings per share increased three percent. Q4 FY24 revenue was $371.8 million, above t ...