Cirrus Logic Raises Q2 Revenue Guidance

Earnings Conference Call Set for Oct. 20
AUSTIN, Texas--(Business Wire)--
Cirrus Logic Inc. (Nasdaq: CRUS)today announced that the company expects net
revenue for the second fiscal quarter, which ended on Sept. 26, 2009, to be up
48 percent sequentially to approximately $55.7 million, an increase from the
previous forecast of $48 million to $52 million. The increase in revenue is
primarily driven by stronger than previously anticipated demand for audio
products.

The company expects gross margin to be at the upper range of the previous
guidance estimate of 50 percent to 52 percent. Combined R&D and SG&A expenses
are now expected to be approximately $24.1 million, and include an estimated
$1.8 million in share-based compensation, and amortization of
acquisition-related intangible expenses.

Cirrus Logic also announced that it will hold its quarterly conference call to
discuss second quarter, fiscal year 2010 financial results on Tuesday, Oct. 20,
2009, at 10:30 a.m. EDT. Cirrus Logic will release the company's financial
results at approximately 8:00 a.m. EDT on the same day.

To listen to the live conference call, dial (480) 629-9820, or toll-free at
(877) 941-8631 (Conference ID: 4165423) by 10:20 a.m. EDT on Oct. 20. A replay
of the conference call will be available beginning one hour following the
completion of the call, until Oct. 27, 2009. To access the recording, dial (303)
590-3030, or toll-free at (800) 406-7325 (Conference ID: 4165423). Additionally,
the conference call will be webcast live through the Investor section of the
Cirrus Logic website at www.cirrus.com.

Cirrus Logic, Inc.

Celebrating its 25th year as a leading fabless semiconductor company in 2009,
Cirrus Logic develops high-precision, analog and mixed-signal integrated
circuits for a broad range of innovative customers. Building on its diverse
analog and signal-processing patent portfolio, Cirrus Logic delivers highly
optimized products for a variety of audio and energy-related applications. The
company operates from headquarters in Austin, Texas, with offices in Tucson,
Ariz., Europe, Japan and Asia. More information about Cirrus Logic is available
at www.cirrus.com.

Safe Harbor Statement

Except for historical information contained herein, the matters set forth in
this news release contain forward-looking statements, including our estimates of
second quarter fiscal year 2010 revenue, gross margin, combined research and
development and selling, and general and administrative expense levels. In some
cases, forward-looking statements are identified by words such as "expect,"
"anticipate," "target," "project," "believe," "goals," "opportunity,"
"estimates," and "intend," variations of these types of words and similar
expressions are intended to identify these forward-looking statements.In
addition, any statements that refer to our plans, expectations, strategies or
other characterizations of future events or circumstances are forward-looking
statements.These forward-looking statements are based on our current
expectations, estimates and assumptions and are subject to certain risks and
uncertainties that could cause actual results to differ materially. These risks
and uncertainties include, but are not limited to, the following: overall
economic pressures and general market and economic conditions; overall
conditions in the semiconductor market; the level of orders and shipments during
the second quarter of fiscal year 2010, as well as customer cancellations of
orders, or the failure to place orders consistent with forecasts; the loss of a
key customer; pricing pressures; and the risk factors listed in our Form 10-K
for the year ended March 28, 2009, and in our other filings with the Securities
and Exchange Commission, which are available at www.sec.gov.The foregoing
information concerning our business outlook represents our outlook as of the
date of this news release, and we undertake no obligation to update or revise
any forward-looking statements, whether as a result of new developments or
otherwise.

Cirrus Logic and Cirrus are trademarks of Cirrus Logic Inc.

Cirrus Logic, Inc.
Investor Contact:
Thurman K. Case, 512-851-4125
Chief Financial Officer
InvestorRelations@cirrus.com

Copyright Business Wire 2009