Core Insights - Cirrus Logic Inc. reported fourth-quarter fiscal 2025 adjusted EPS of $1.67, exceeding the Zacks Consensus Estimate by 45.2% and up from $1.24 in the prior-year quarter [1] - Quarterly revenues reached $424.5 million, a 14% year-over-year increase, surpassing management's guidance of $350-$410 million, but a 24% sequential decline due to decreased smartphone shipment volumes [2] - For fiscal 2025, total revenues were $1.90 billion, reflecting a 6% year-over-year growth, driven by the launch of next-generation products [3] Revenue Breakdown - The largest customer accounted for 88% of total revenues in the fiscal fourth quarter [4] - The High-Performance Mixed-Signal segment contributed 40% to total revenues, with revenues growing 16.5% year over year to $169.1 million [5] - The Audio segment's sales increased 12.6% to $255.3 million, contributing 60% to total revenues [5] Margins and Expenses - Non-GAAP gross margin improved to 53.5% from 51.9% in the prior-year quarter, driven by a favorable product mix [6] - Non-GAAP operating expenses rose 3% year over year to $120 million, primarily due to higher employee-related costs [6] - Non-GAAP operating income soared 40% year over year to $107.1 million, with operating profit margin increasing to 25.2% from 20.6% [8] Balance Sheet and Cash Flow - The company ended the fiscal fourth quarter with cash and marketable securities of $595.8 million, up from $564 million as of December 28, 2024 [9] - Cash flow from operations was reported at $130.4 million, down from $170.5 million in the prior-year quarter [10] - Free cash flow for the quarter was $121.2 million [10] Share Repurchase and Future Guidance - Cirrus Logic repurchased nearly 927,000 shares worth $100 million in the reported quarter, with an additional $500 million share repurchase authorization approved [11] - For fiscal Q1 2026, management projects revenues between $330 million and $390 million, with anticipated non-GAAP operating expenses in the range of $119-$125 million [12][13]

Core Viewpoint - Cirrus Logic reported strong quarterly earnings, significantly exceeding expectations, indicating robust performance in the semiconductor industry [1][2]. Financial Performance - The company achieved earnings of $1.67 per share, surpassing the Zacks Consensus Estimate of $1.15 per share, and up from $1.24 per share a year ago, representing a 45.22% earnings surprise [1] - Revenues for the quarter reached $424.46 million, exceeding the Zacks Consensus Estimate by 11.70%, and up from $371.83 million year-over-year [2] - Over the last four quarters, Cirrus Logic has consistently surpassed consensus EPS and revenue estimates [2] Market Performance - Cirrus Logic shares have declined approximately 1.1% year-to-date, while the S&P 500 has decreased by 3.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - Current consensus EPS estimate for the upcoming quarter is $0.83 on revenues of $341.24 million, and for the current fiscal year, it is $6.82 on revenues of $1.87 billion [7] - The outlook for the semiconductor industry is positive, with the Electronics - Semiconductors sector ranking in the top 35% of Zacks industries, suggesting potential for outperformance [8] Industry Context - Marvell Technology, another player in the semiconductor industry, is expected to report earnings of $0.61 per share, reflecting a year-over-year increase of 154.2%, with revenues projected at $1.88 billion, up 61.6% from the previous year [9][10]

Cirrus Logic (CRUS) Q4 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Fourth Quarter and Full Fiscal Year twenty twenty five Financial Results Q and A Session. At this time, all participants are in a listen only mode. After a brief statement, we will open up the call for questions from analysts. Instructions for queuing up will be provided at that time. As a reminder, this conference call is being recorded for replay purposes ...

Investor Relations Update As of May 6, 2025 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 fuel product and application diversification; our ability to maintain our leadership position in smartphone audio; our ability to increase HPMS content in smartphones; our ability to leverage our strength in audio and HPMS to e ...

Group 1: Semiconductor Industry Overview - Trade tensions have created opportunities in the semiconductor sector, leading to some chip stocks being undervalued [1][3] - The semiconductor industry has historically generated significant wealth for investors, particularly during technological booms [2] Group 2: NXP Semiconductors - NXP's stock has decreased by 18% in 2025, influenced by trade-related volatility and its reliance on international markets [4][5] - The company derives only 14% of its 2024 revenues from American customers, with 36% from China, making it vulnerable to trade disruptions [5] - NXP's shares are currently trading at 17.5 times adjusted earnings and 14.4 times forward-looking earnings estimates, near two-year lows, indicating potential undervaluation [6] - The market has already priced in a significant slowdown in NXP's business due to tariff tensions, suggesting it may be a good investment opportunity [7] Group 3: Cirrus Logic - Cirrus Logic is trading at 15.5 times adjusted earnings and 12.5 times forward earnings, which are multiyear lows, making it appear undervalued compared to NXP [8] - The company is known for its long-standing relationship with Apple, supplying audio circuits for various devices, but is now expanding its market reach beyond Apple products [9][10] - Cirrus Logic has begun to diversify its client base and product offerings, which may enhance its growth potential despite current market challenges [11]

Cirrus Logic (CRUS) shares rallied 16.5% in the last trading session to close at $90.23. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 23.9% loss over the past four weeks.The increase in share price can be attributed to President Trump’s announcement of a 90-day suspension on reciprocal tariffs, with China excluded. This news triggered a sharp jump in market indices, lifting the prices of many stocks, inclu ...

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The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Cirrus Logic (CRUS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Cirrus Logic is a member of the Computer and Technology sector. This group includes 607 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different sector groups. The average ...

Shares of Cirrus Logic (CRUS) have gained 6.5% over the past four weeks to close the last trading session at $107.48, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $135.83 indicates a potential upside of 26.4%. ...

With Cirrus Logic, Inc. (NASDAQ: CRUS ), we have written a multitude of articles always focusing on future potential and direction. We are long-term thinkers, very long-term. In our own view, we have defined much correctly, but notI have been an investor for several decades enduring the 87 crash, 2000 crash, and 08 crash. I do use trading systems developed with TradeStation. I have enjoyed the rewards from both buy and hold and trading. My professional experiences includes several decades as a process contr ...