$CRUS

Cirrus Logic (CRUS) reported record Q1 revenue of $459.7M, up 13% YoY, driven by smartphone components. PC segment outlook for 2027 was reduced due to supply constraints and delays. CEO John Forsyth highlighted growth in camera, battery, and power applications. The company has $1.2B in cash, no debt, and strong cash flow. Gross margin guidance for Q2 is 52-54%, with rising costs noted. Hedge fund ownership increased, but the stock trades at a forward P/E of 12.48.

Cirrus Logic (CRUS) reported record Q1 fiscal 2027 revenue of $460M (+13% YoY) and EPS of $1.84. The company expects revenue of $510M-$570M in Q2. Management highlighted strong demand for audio and HPMS products, but reduced PC market expectations due to supply constraints. CRUS is expanding into new markets and secured wafer capacity with GlobalFoundries. Competitors Skyworks (SWKS) and Qualcomm (QCOM) also reported updates.

Cirrus Logic (NASDAQ:CRUS) said its camera-controller and voice-enablement pipeline has mixed progress amid PC headwinds and supply-chain constraints. CFO Jeff Woolard cited higher supply-chain costs and tight OSAT capacity, while noting gross margin should rise somewhat this quarter. Management expects a fourth camera-controller generation and more codec/amplifier adoption.

Cirrus Logic (CRUS) reported Q1 FY2027 revenue of $459.7M, up 13% year over year, and non-GAAP EPS of $1.84. Non-GAAP gross margin was 52.7%. Q2 revenue guidance is $510M to $570M and GAAP gross margin 52% to 54%. Cash and marketable securities were $1.2B, and the company repurchased shares during and after the quarter.

Cirrus Logic (CRUS) reported record Q1 revenue of about $460M and record GAAP EPS of $1.47, citing strong smartphone audio demand and expanding high performance mixed signal products. The company guided Q2 revenue to $510M-$570M, announced GlobalFoundries capacity reservations for 2027-2028, and said it has about $1.2B cash with no debt and ongoing share buybacks. Simply Wall St estimates fair value at $184.25 versus a $124.92 close.

Simply Wall St reports Cirrus Logic (CRUS) shares fell about 4.5% to $123.54 after Q1 FY2027 results. Revenue rose to $459.7m from $407.3m, and basic EPS increased to $1.52 from $1.17. Non-GAAP gross margin stayed above 50%. The article cites concentration and timing risks, including reduced FY27 PC expectations.

Cirrus Logic reported record fiscal Q1 2027 revenue of $459.7M for the quarter ended June 27, 2026, with GAAP EPS of $1.47 and non-GAAP EPS of $1.84, and GAAP gross margin of 52.6%. For Q2, it guided revenue to $510M-$570M and GAAP gross margin of 52%-54%, with GAAP R&D and SG&A of $163M-$169M. Management cited smartphone demand and AI PC codec interest.

Cirrus Logic (CRUS) shares fell more than 10% after the company reported weaker-than-expected audio sales in its first quarter fiscal 2027 results. For the quarter ended June 27, Cirrus reported adjusted EPS of $1.84, according to the company.

CIRRUS LOGIC, INC. (CRUS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 FINANCIAL NEWS Cirrus Logic Reports Record Fiscal First Quarter Revenue of $460 Million AUSTIN, Texas – August 5, 2026 – Cirrus Logic, Inc. (NASDAQ: CRUS) posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financi

Cirrus Logic said Scottish Enterprise awarded it an R&D grant to develop a metrology analogue front-end platform for high-accuracy smart power metering. The technology targets residential, commercial and industrial metering, including EV charging, data center DC metrology, energy storage and grid monitoring. The project runs through 2028 and expands Edinburgh engineering and collaboration with the University of Strathclyde.