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Cirrus Logic Posts Q1 Non-GAAP Earnings Per Share Of $0.53
Cirrus Logic Reports Q4 Revenue Of $279.3 Million
Cirrus Logic Reports Q3 Non-Gaap Earnings Per Share $1.41
Cirrus Logic, Inc. is engaged in providing integrated circuits (ICs) for audio and voice signal processing applications. The Company develops analog and mixed-signal ICs for a range of customers. The Company offers two product lines: Portable Audio, and Non-Portable Audio and Other. The Company's primary facility housing engineering, sales and marketing, and administration functions is located in Austin, Texas. The Company offers products through both direct and indirect sales channels across the world. The Company's portable audio products include analog and mixed-signal components designed for mobile devices including smartphones, tablets, digital headsets, wearables, smart accessories and portable media players. Its non-portable audio and other products include analog and mixed-signal components targeting the consumer market, including smart home applications, and the automotive, energy and industrial markets.
800 W 6th St
Al R. Schuele
Independent Chairman of the Board
Jason P. Rhode
Chief Executive Officer, Director
Thurman K. Case
Vice President, Chief Financial Officer, Principal Accounting Officer
Gregory Scott Thomas
Senior Vice President, General Counsel and Corporate Secretary
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Apple Inc's older iPhones would no longer include lightning-to-headphone jack adapters, the company's website showed on Thursday, which according to Barclays would hurt audio chip supplier Cirrus Logic.
* Q4 REVENUE $303.2 MILLION VERSUS I/B/E/S VIEW $318.3 MILLION
Cirrus Logic Inc <CRUS.O>, whose audio chips are used in Apple's iPhones, reported quarterly revenue and profit below estimates due to weakness in smartphone sales, sending its shares down 11 percent in extended trading.
Cirrus Logic Inc, whose chips are used in Apple's iPhones, reported quarterly revenue and profit below estimates due to weakness in smartphone sales in late December, sending its shares down 11 percent.
* CIRRUS LOGIC- UNANTICIPATED WEAKNESS IN SMARTPHONE DEMAND THAT MATERIALIZED IN LATE DEC DROVE Q3 RESULTS BELOW EXPECTATIONS,FURTHER IMPACTED Q4 GUIDANCE
* Q2 revenue $425.5 million versus I/B/E/S view $410.3 million
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.