NASDAQ: CRUS

Stock Quote: NASD

Last Price: 79.53

Change: +0.90 (+1.15%)

Open: 79.21

Previous Close: 78.63

Jun 02, 2023 04:00 PM Pricing delayed 20 minutes

Experts in low-power, mixed-signal processing

A leading supplier of innovative audio
and high-performance mixed-signal solutions

Q4 FY23 and Full Fiscal Year 2023 Results

  • In FY23, Cirrus Logic delivered record revenue of $1.90 billion, up seven percent year over year, and GAAP and non-GAAP earnings per share were $3.09 and $6.42, respectively.
  • Revenue for Q4 FY23 was $372.8 million, GAAP loss per share was $0.97, and non-GAAP earnings per share was $0.92.
  • The company drove product diversification through our high-performance mixed-signal products with revenue derived from these solutions increasing from 12 percent of total revenue in FY19 to 38 percent in FY23.
  • We made excellent progress on our strategic initiatives in FY23 as we began designing our next-generation smartphone audio components, grew our haptics penetration in Android, completed the successful production qualification for our next-generation camera controller, and started sampling our first boosted amplifier and codec optimized for laptops.

View quarterly results archive ›

Financial Overview

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Cirrus Logic has high operating margins and strong cash flow. This healthy financial position enables the company to invest in markets where our expertise in low-power mixed-signal processing and ability to deliver differentiating features is valued.

Who We Are

We provide low-power, high-precision mixed-signal processing solutions and the associated software that create innovative user experiences for the world’s top mobile and consumer applications. As a leading supplier of audio and high-performance mixed-signal processing solutions, Cirrus Logic is uniquely positioned to capitalize on increasing demand for products that deliver an enhanced user experience.

Company facts

~4,300

Pending and Issued Patents Worldwide

1,702

Employees Worldwide

Founded in

1984

35+ Years of Audio Leadership

Corporate Governance

Cirrus Logic's Board of Directors sets high standards for the company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance.

Investor News

Jun 01

Cirrus Logic Brings Immersive Audio to PC Market
PC-specific audio solution from Cirrus Logic combines smart amplifier and low-power codec for enhanced speaker and headphone listening experience COMPUTEX TAIPEI – Cirrus Logic (Nasdaq: CRUS) announced today a premium audio solution built specifically for PCs that enables a louder, more immersive audio experience, whether listening to voice calls and music from the small internal speakers on...

May 24

Cirrus Logic Nominates Duy-Loan T. Le for Election to Board of Directors
Cirrus Logic (NASDAQ: CRUS) today announced that its board of directors nominated Duy-Loan T. Le to stand for election at the company’s 2023 Annual Meeting expected to be held in July. Le brings a long history of technology leadership and accomplishment from her 35-year career at Texas Instruments (TI), including overseeing global R&D centers, joint ventures, foundries and OSAT (Outsourced...

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