Business Wire (Tue, 2:23PM)
Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
3,793 people get CRUS articles and Market Currents by email alert.
Get email alerts on CRUS »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
-
Business Wire (Apr 25, 2013)
-
-
-
-
Business Wire (Apr 23, 2013)
-
-
-
-
-
-
-
-
-
-
To learn more about Seeking Alpha Pro, click here.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Aggressive Growth: Cirrus LogicZacks Investment Research • Fri, Dec 14, 2012 -
-
-
-
Cirrus Logic Inc. F2Q10 (Qtr End 26/09/09) Earnings Call TranscriptTue, Oct 20, 2009
-
Cirrus Logic Inc. F1Q10 (Qtr End 06/27/09) Earnings Call TranscriptWed, Jul 22, 2009
-
Cirrus Logic F4Q09 (Qtr End 3/28/09) Earnings Call TranscriptWed, Apr 29, 2009
-
Cirrus Logic Inc. F3Q09 (Qtr End 12/27/08) Earnings Call TranscriptWed, Jan 28, 2009
-
Cirrus Logic Inc, F2Q09 (Qtr End 09/27/08) Earnings Call TranscriptThu, Oct 23, 2008
-
Cirrus Logic Inc. F1Q09 (Qtr. End 06/28/08) Earnings Call TranscriptMon, Aug 4, 2008
-
Cirrus Logic, Inc. Q4 2008 Earnings Call TranscriptFri, May 16, 2008
-
Cirrus Logic Inc. F3Q08 (Qtr End 12/29/07) Earnings Call TranscriptWed, Jan 30, 2008
-
Cirrus Logic F2Q08 (Qtr End 9/29/07) Earnings Call TranscriptWed, Oct 24, 2007
-
Cirrus Logic F1Q08 (Qtr End 6/30/07) Earnings Call TranscriptWed, Jul 25, 2007
-
Cirrus Logic F4Q07 (Qtr End 3/31/07) Earnings Call TranscriptWed, May 9, 2007
-
Cirrus Logic F3Q07 (Qtr End 12/31/06) Earnings Call TranscriptWed, Jan 31, 2007
-
Cirrus Logic F2Q07 (Qtr End 9/30/06) Earnings Call TranscriptThu, Oct 26, 2006
-
Cirrus Logic Q1 2007 Earnings Conference Call Transcript (CRUS)Thu, Jul 27, 2006
-
Cirrus Logic, Inc. Q4 2006 Earnings Conference Call Transcript (CRUS)Fri, Apr 28, 2006
-
Business Wire (Tue, 2:23PM)
-
at CNBC.com (Apr 25, 2013)
-
Business Wire (Apr 25, 2013)
-
Business Wire (Apr 23, 2013)
-
at MarketWatch.com (Apr 22, 2013)
-
at MarketWatch.com (Apr 18, 2013)
-
at MarketWatch.com (Apr 18, 2013)
-
at MarketWatch.com (Apr 18, 2013)
-
at MarketWatch.com (Apr 17, 2013)
-
at CNBC.com (Apr 17, 2013)
-
at MarketWatch.com (Apr 17, 2013)
-
at MarketWatch.com (Apr 17, 2013)
-
at CNBC.com (Apr 17, 2013)
-
at CNBC.com (Apr 17, 2013)
-
Business Wire (Apr 16, 2013)
-
at CNBC.com (Mar 12, 2013)
-
at MarketWatch.com (Jan 25, 2013)
-
at MarketWatch.com (Jan 24, 2013)
-
Business Wire (Jan 24, 2013)
-
at CNBC.com (Jan 24, 2013)
CRUS vs. ETF Alternatives
Company Description
Currently, there's no company description for CRUS.
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Friday, April 26, 11:23 AM Though its results and guidance were in-line with the numbers provided in its April 17 warning, earnings call commentary is hurting Cirrus Logic (CRUS -9.6%). While insisting in prepared remarks (.pdf) Cirrus' relationship with its top customer (Apple) "remains outstanding," and that design win activity is robust, CEO Jason Rhode responded to a question about FY14 sales by stating Cirrus' "current projections are [for] flat to moderate growth." Much time was spent talking about Cirrus' LED controller chips, which have scored design wins with 2 "tier-one lighting customers." Apple made up 85% of FQ4 sales; that number is likely to drop in FQ1. (slides) 4 Comments [Tech, Earnings, On the Move]
- Thursday, April 25, 4:09 PM Cirrus Logic (CRUS): FQ4 EPS of $0.59 misses by $0.22. Revenue of $206.9M (+87% Y/Y) misses by $2.7M, but in-line with revised guidance. Continues to expect FQ1 revenue of $150M-$170M. Shares +2.9% AH. (PR) Comment! [Tech, Earnings, Breaking News, On the Move]
- Thursday, April 25, 12:18 PM Low expectations are aiding iPhone supplier TriQuint (TQNT +10.7%), which is surging after missing Q1 estimates and guiding for Q2 revenue of $185M-$190M and EPS of -$0.10 to -$0.12, below a consensus of $194.8M and -$0.08. On its earnings call, TriQuint noted mobile sales (57% of total) fell 30% Q/Q thanks to "seasonally low demand from our largest customer" (almost certainly Apple), but added sales to all other top-5 mobile clients grew, and claimed strong demand for advanced 4G power amplifiers and filters. Possibly up in sympathy: SWKS +2.7%. RFMD +1.6%. CRUS +3%.10.1% of TriQuint's float was shorted as of March 28. Comment! [Tech, Earnings, On the Move]
- Thursday, April 25, 12:10 AM Notable earnings after Thursday’s close: AEM, ALTR, AMCC, AMKR, AMZN, BIDU, BJRI, BLDR, BMRN, CALX, CAMP, CB, CBG, CENX, CERN, CINF, CLWR, CRUS, CSTR, CTCT, DECK, DLB, ELY, EMN, EXPE, FII, FR, FSL, GERN, IGT, IM, INAP, INFA, KBR, KEG, KLAC, LEG, MCRS, MXIM, N, NR, NTGR, OLN, PFG, PKI, PMCS, QLIK, RMD, RRC, RSG, SBUX, SIMO, SPN, SWKS, SYNA, TCO, THRX, TLAB, UHS, VPRT, VRSN, WRE, WYNN Comment! [Earnings]
- Wednesday, April 24, 5:35 PM Notable earnings after Thursday’s close: AEM, ALTR, AMCC, AMKR, AMZN, BIDU, BJRI, BLDR, BMRN, CALX, CAMP, CB, CBG, CENX, CERN, CINF, CLWR, CRUS, CSTR, CTCT, DECK, DLB, ELY, EMN, EXPE, FII, FR, FSL, GERN, IGT, IM, INAP, INFA, KBR, KEG, KLAC, LEG, MCRS, MXIM, N, NR, NTGR, OLN, PFG, PKI, PMCS, QLIK, RMD, RRC, RSG, SBUX, SIMO, SPN, SWKS, SYNA, TCO, THRX, TLAB, UHS, VPRT, VRSN, WRE, WYNN Comment! [Earnings]
- Tuesday, April 23, 7:39 PM More from Apple's (AAPL) FQ2 call: Mix shift towards iPhone 4 responsible for iPhone ASP drop; iPhone channel inventory up 1M Q/Q. Greater China sell-thru growth was 18% Y/Y, above reported (sell-in) 8%. Revenue mix shift towards iPad hurt gross margin, expected to fall to 36%-37% in FQ3 due to lower revenue and mix, partly offset by lower costs. Tim Cook talks of "exciting new product categories" (an iWatch?). While Cook said competitors made tradeoffs to offer ~5" phones, he didn't mention one-handed use (Apple's traditional critique) - is he hinting one will eventually arrive? AAPL -0.3% AH, as investors focus on FQ3 guidance (implies rev. growth of -4% to +2% Y/Y). CRUS -1.9%. (transcript) (previous) 24 Comments [Tech, Earnings]
- Wednesday, April 17, 9:11 AM Apple (AAPL) -1.2% after Cirrus Logic (CRUS), which gets over half of its revenue from the company, issues a revenue warning for the March and June quarters (FQ4 and FQ1). Though Cirrus' FQ4 revenue forecast of $206.9M is only a little below a $210.2M consensus, its FQ1 forecast of $150M-$170M is well below a $195.2M consensus. The audio codec chipmaker also says it will take a $23.3M write-down, $20.7M of which is due to "a decreased forecast for a high volume product" as a customer (quite possibly Apple) migrates to a new component (could be a sign of a new iPhone). SWKS -2.2%. QCOM -0.9%. 8 Comments [Tech, Earnings, On the Move]
- Friday, March 1, 10:40 AM Apple (AAPL -1.8%) and its suppliers slump after iPhone/iPad image sensor provider OmniVision (OVTI -10.9%) issues light guidance to go with its FQ3 beat. CRUS -4.2%. SWKS -1.9%. TQNT -1.7%. AVGO -2%. RFMD -3.2%. BRCM -1.6%. On its FQ3 call, OmniVision would only attribute the guidance to "a seasonal trend of business," while adding smartphone market share trends are "highly, highly volatile right now." Like virtually all other Apple suppliers, OmniVision never mentions Apple by name. 21 Comments [Tech, On the Move, Earnings]
- Friday, January 25, 4:10 PM Apple may have added to its losses today, but Cirrus Logic (CRUS +10%), believed to get ~3/4 of its revenue from Apple, nearly made up for yesterday's drubbing after the Street concluded the below-consensus guidance accompanying Cirrus' FQ3 beat was more than priced in. Also: Cirrus' FQ4 gross margin is expected to be flat Q/Q in spite of a major revenue drop, and the chipmaker noted on its earnings call its efforts to win additional mobile OEM customers and grow LED lighting controller chip sales are paying off. (shareholder letter) (slides) 1 Comment [Tech, Earnings, On the Move]
- Thursday, January 24, 5:18 PM Tech guidance roundup: 1) Cirrus Logic (CRUS - earnings) expects FQ4 revenue of $200M-$220M, below a $234.9M consensus. This seems priced in following recent events. 2) Maxim (MXIM - earnings) expects FQ3 revenue of $580M-$610M and EPS of $0.39-$0.43, in-line with a consensus of $599.2M and $0.40. 3) Flextronics (FLEX - earnings) expects FQ4 revenue of $5B-$5.3B and EPS of $0.11-$0.15, below a consensus of $5.69B and $0.20. CRUS +1% AH. FLEX -7.7%. MXIM unchanged. Comment! [Tech, Earnings, On the Move]
- Thursday, January 24, 4:01 PM Cirrus Logic (CRUS): FQ3 EPS of $1.64 beats by $0.22. Revenue of $310M beats by $25.04M. Shares +0.8% AH. (PR) 3 Comments [Earnings, Tech, Breaking News]
- Thursday, January 24, 12:10 AM Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN 1 Comment [Earnings]
- Wednesday, January 23, 5:35 PM Notable earnings after Thursday’s close: CPHD, CRUS, ED, EGHT, ETFC, FLEX, INFA, JBHT, JNPR, KLAC, MSFT, MXIM, QLGC, RMBS, RMD, SBUX, SCSS, SXL, SYNA, T, TKR, TPX, VRSN Comment! [Earnings]
- Friday, November 9, 2012, 4:42 PM It pays for chip companies to have good mobile exposure these days. TSMC (TSM +1.4%), the top foundry for Qualcomm, OmniVision, Broadcom, and other mobile chip names, reported its October sales rose 15% M/M and 32% Y/Y to $1.7B, boosted by growing 28nm chip production. Rival UMC, by comparison, only saw 12% Y/Y growth. Credit Suisse now thinks TSMC should be able to hit the high end of its Q4 revenue guidance range thanks to smartphone-related orders. Comment! [Tech, Earnings]
- Thursday, November 1, 2012, 10:06 AM Cirrus Logic (CRUS -13.8%) is off sharply in spite of beating FQ2 estimates and issuing strong FQ3 guidance (I, II). Preliminary FQ4 guidance for a 15% Q/Q revenue drop (provided in the shareholder letter) is a likely culprit. The guidance translates into revenue of $230M-$255M, above a $205.6M consensus, but expectations have grown thanks to Apple's huge orders. Also a possible concern: Cirrus says it expects its gross margin, pressured by Apple, to stay in the low 50% range "for the foreseeable future." (transcript) 2 Comments [Tech, On the Move, Earnings]
- Wednesday, October 31, 2012, 4:21 PM More on Cirrus Logic's FQ2: Though strong guidance was expected thanks to iPhone 5 and iPad Mini wins, its magnitude is still impressive. The numbers could indicate growing dollar content and/or spell good things for other Apple suppliers. FQ2 gross margin was 52%, down 200 bps Q/Q and at the low end of Cirrus' guidance range. FQ3 gross margin of 50%-52% expected. Audio product sales (92% of revenue) +113% Y/Y, energy products -11%. CC at 5PM ET (webcast). Shares halted. (PR) (shareholder letter - PDF) Comment! [Tech, Earnings]
-
- View all 0 replies
-
- View all 1 replies
-
-
- View all 2 replies
-
-
-
- View all 0 replies
-
MagicDiligence
Stocks moving in and out of Magic Formula Investing this week $AEO $CVI $CRUS others http://bit.ly/12xFw3g - View all 0 replies
-
Capitalist Bull
Short Ideas http://stks.co/eR1t produced big gains since negative LSA in Feb. http://stks.co/eR1u $AAPL $BIDU $SLV $GLD $GDX $CRUS $EW $GDX - View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
LATEST REPLIES
-
- View all 1 replies
-
-
- View all 2 replies
-
-
-
- View all 3 replies
-
Chines33: Feel bad for anyone owning if. Has been insanely destroyed while people continue to say buy.
-
-
- View all 5 replies
-
-
Nefas: It kinda does mean a lot for APPL if a supplier breaks down you can prolly say the same goes for the APPL. And check APPL stock!
-
- View all 1 replies
-
-
- View all 1 replies
-
-
- View all 3 replies
-
Ryan Mallory: only own it if it becomes clear you have a solid edge to make a profit from it.
-
Closet Iguana: Good advise. It's still a bit dicey. It think there are better options.
-
Ashraf Eassa
If you followed my $CRUS short advice when the article was published, you've made a good amount of money. Don't be too greedy; take profits. - View all 9 replies
-
-
trendsensor: So far good with my CRUS,CIEN,JDSU trade will sell tomorrow sold my S a@ small loss and bought it again @ 5.53 also bought some NOK @4.56
-
- View all 1 replies
-
-
- View all 1 replies
-
-
- View all 1 replies
-
-
Ashraf Eassa
$CRUS - I do not yet understand the non-$AAPL growth prospects of this business...lots of research to do. - View all 5 replies
-
Jim Fish: here's the question - with that lack of China demand, is CRUS going to get more demand from AAPL (3 chips in iPhone 5)? Or is there a cut?
-
Jannazy: Are there 3 CRUS audio chips in iPhone5? I don't think AAPL would put three audio chips in one phone...
-
- View all 3 replies
-
stocktrend: Ouch for what Ashraf? Patience and buying as it went lower pays off bought as low as 25.50 and cashed out today nice profit just saying
-
-
- View all 4 replies
-
-
-
- View all 1 replies
-
