Cirrus Logic beats revenue expectations and maintains strong performance

From Nasdaq: 2025-02-04 17:48:32

Cirrus Logic (NASDAQ:CRUS) reported third-quarter fiscal year 2025 earnings on February 4, 2025, with revenue of $555.7 million, surpassing analyst expectations. Despite a revenue decrease from the previous year, the company demonstrated strong performance, with a gross margin of 53.6%. Key products driving growth include smartphone audio components and HPMS innovations.

Investors should monitor Cirrus Logic’s diversification efforts and dependency on major customers like Apple. Management’s cautious optimism for Q4 FY25 projects revenue between $350 million and $410 million, stable gross margins, and ongoing R&D investments in HPMS advancements. Strategic growth initiatives and market expansion beyond FY25 are crucial for sustained momentum.



Read more at Nasdaq: Cirrus Logic Outperforms on Revenue, EPS