Cirrus Logic (CRUS -0.56%), a semiconductor firm focused on audio and high-performance mixed-signal solutions, released its fiscal first-quarter results on August 5, 2025. The main headline: Non-GAAP earnings and GAAP revenue both outpaced Wall Street expectations. Earnings per share (Non-GAAP) were $1.51, well ahead of the $1.01 non-GAAP estimate. Revenue (GAAP) reached $407.3 million, beating the $376.0 million GAAP consensus. Management pointed to strong demand for new audio components in smartphones and ...

Core Insights - Mercury Systems, Inc. has signed two agreements with a European defense prime contractor to enhance production of processing subsystems and components for radar and electronic warfare missions [1] - The agreements include a five-year contract for higher-volume production of sensor processing subsystems and an expanded production agreement for Monolithic Microwave Integrated Circuit (MMIC) products [2][3] Group 1: Agreements and Production Enhancements - The five-year agreement allows for faster production of sensor processing subsystems using Mercury's HDS6605 6U OpenVPX multiprocessing boards for various radar systems [2] - The expanded production agreement focuses on delivering MMIC products that support electronic warfare sensors, enhancing the performance of these sensors [3] Group 2: Commitment to Defense Sector - Mercury Systems is committed to strengthening its relationship with European defense systems providers, investing to reduce development and production timelines for its processing products [4] - The company emphasizes its role in making advanced technologies more accessible for aerospace and defense missions, with products deployed in over 300 programs across 35 countries [4]