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 ...

股市投资 - 投资者对股市变得更加乐观，更容易赚钱[1] - 股市上涨导致投资者更容易被买入股票，但有些股票基本面不佳[2] 游戏行业 - GameStop (GME)的基本问题并未缓解，主要业务销售实体视频游戏正在逐渐消失[3] - Hasbro (HAS)的业绩持续下滑，销售额同比下降23%，净亏损大幅增加[7] 科技公司 - Cirrus Logic (CRUS)的收入80%来自苹果，苹果在中国的iPhone销量下降可能对其造成负面影响[10]

It has been about a month since the last earnings report for Cirrus Logic (CRUS) . Shares have added about 1.6% in that time frame, underperforming 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 the most recent earnings report in order to get a better handle on the important drivers. Cirrus Logic Q3 Earnings Top EstimatesCirru ...

Key PointsCirrus Logic's shares lagged behind those of its bigger peers last year, but that's set to change. This week's earnings have caught investors by surprise in the best possible way. Already, the stock is tracking towards last year's all-time high and looks good value to keep on going. 5 stocks we like better than Cirrus LogicWith so much of the talk around semiconductor stocks dominated by the likes of NVIDIA Corp NASDAQ: NVDA, Advanced Micro Dynamics NASDAQ: AMD, and the like, it's easy to think th ...

Shares of Cirrus Logic (CRUS 14.59%) jumped as much as 18.6% higher on Wednesday, cooling down to a robust 14.6% gain at the end of the day. The designer of audio control and voice-processing chips reported fantastic third-quarter results that exceeded analyst expectations by a country mile.Q3 earnings crushed expectationsYour average Wall Street firm would have settled for earnings of roughly $2.01 per share with revenues near $540 million. Instead, Cirrus saw sales increase 5% year over year to $620 milli ...

Cirrus Logic Inc. (CRUS) reported third-quarter fiscal 2024 adjusted earnings per share (EPS) of $2.89, which beat the Zacks Consensus Estimate by 43.8%. Also, the bottom line increased 20.4% from the prior-year quarter’s $2.40.Total revenues of $619 million surpassed the Zacks Consensus Estimate by 14.7% and increased 5% year over year. The uptick was driven by solid sales of components shipping and smartphones, owing to strength in orders from its largest customer.Following the announcement, the company’s ...

Cirrus Logic, Inc. (NASDAQ:CRUS) Q3 2024 Earnings Conference Call February 6, 2024 5:00 PM ET Company Participants Chelsea Heffernan - VP, IR John Forsyth - President and CEO Venk Nathamuni - CFO Conference Call Participants Tore Svanberg - Stifel Matt Ramsay - TD Cowen Thomas O'Malley - Barclays Christopher Rolland - Susquehanna Financial Group Ananda Baruah - Loop Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Third Quarter Fiscal Year 2024 Financ ...