CRUS Stock Recent News

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AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced the resignation of its Chief Financial Officer (CFO), Venk Nathamuni, effective May 24, 2024, to pursue an opportunity outside the semiconductor industry. To facilitate a seamless transition while a search is conducted for a new CFO, the Company's Board of Directors has appointed Ulf Habermann, Principal Accounting Officer, as interim CFO effective upon Mr. Nathamuni's departure. During Mr. Habermann's 22-year car.

Fiscal fourth-quarter results absolutely crushed analyst estimates. What helped greatly was robust shipments from the No.

Cirrus Logic's (CRUS) fiscal fourth-quarter performance benefits from solid sales of smartphones amid a reduction of the general market and custom components.

Cirrus Logic, Inc. (NASDAQ:CRUS ) Q4 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chelsea Heffernan - Vice President, Investor Relations John Forsyth - President & Chief Executive Officer Venk Nathamuni - Chief Financial Officer Conference Call Participants Matt Ramsay - TD Cowen Christopher Rolland - Susquehanna Tore Svanberg - Stifel Thomas O'Malley - Barclays Ananda Baruah - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Fourth Quarter and Full Fiscal Year 2024 Financial Results Q&A Session.

Cirrus Logic (CRUS) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.92 per share a year ago.

Overall, it's certainly great for investors that we've entered the phase of the bull market in which nearly everyone is becoming much more upbeat about stocks. After all, it's obviously much easier to make money now in the market than it was last year and many times easier than was the case in 2022.

Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) announced that President and Chief Executive Officer John Forsyth and Chief Financial Officer Venk Nathamuni will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 7, 2024 at 1:25 p.m. PST. A live webcast and replay of the presentation will be available on the company's investor relations website. Cirrus Logic, Inc. Cirrus Logic is a leader in low-power, high-precision mixed-signal.

With so much of the talk around semiconductor stocks dominated by the likes of NVIDIA Corp NASDAQ: NVDA, Advanced Micro Dynamics NASDAQ: AMD, and the like, it's easy to think there aren't that many smaller-cap chip stocks floating about. However, even with a market cap of less than $5 billion, compared to NVIDIA's $1.7 trillion, Cirrus Logic, Inc. NASDAQ: CRUS can still pack a punch.