Cirrus Logic(CRUS) - 2025 Q2 - Quarterly Results
Cirrus Logic(CRUS)2024-11-05 05:02
Exhibit 99.2 Q2 FY25 Letter to Shareholders November 4, 2024 November 4, 2024 Dear Shareholders, In Q2 FY25, Cirrus Logic delivered record revenue and EPS for the September quarter, driven by strong demand for products shipping into smartphones and a higher-volume production week associated with typical seasonal product ramps. Revenue was $541.9 million, up 45 percent quarter over quarter and up 13 percent year over year. GAAP and non-GAAP operating profit were 24.3 percent and 28.8 percent, respectively, w ...