
- Cirrus Logic reported an adjusted EPS of $2.51, surpassing the estimate of $2.04, but lower than the previous yearβs $2.89.
- Net sales were $555.7 million, a 10% decrease from the previous year, but above the estimated $510.1 million.
- Audio net sales amounted to $346.3 million, down 8.5% year-over-year, yet higher than the projected $300.1 million.
- High-performance mixed-signals sales were $209.5 million, a 13% decline from the prior year, slightly below the forecast of $210.2 million.
- The adjusted gross margin was 53.6%, improving from last yearβs 51.4%, and beating the estimate of 52%.
- Operating expenses rose by 1.4% year-over-year to $152.0 million, slightly above the expected $149.9 million.
- R&D expenses increased marginally by 0.3% to $113.0 million, close to the estimate of $112.5 million.
- The company received 4 buy, 4 hold, and 0 sell ratings from analysts.
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Cirrus Logic on Smartkarma
Analysts at Baptista Research have been closely examining the performance and future prospects of Cirrus Logic on Smartkarma. In their report titled “Cirrus Logic Inc.: Will Its Expansion into Laptop Markets Bring A Shift In The Competitive Dynamics? – Major Drivers,” they highlight the company’s strong financial performance for the second quarter of fiscal year 2025. Cirrus Logic achieved record revenue of $541.9 million, near the upper end of their guidance range, indicating robust demand for smartphone components.
Furthermore, in another report titled “Cirrus Logic Inc.: Expansion into the PC Market & Development of High-performance Mixed-Signal Products Driving Our Optimism! – Major Drivers,” Baptista Research notes the company’s solid financial performance in the first quarter of fiscal year 2025. The above-guidance revenue of $374 million, driven by strong smartphone shipments, showcases an 18% year-over-year growth. This growth emphasizes Cirrus Logic‘s expanding presence in the high-performance mixed-signal sectors, although slight margin decreases were attributed to increased supply chain costs related to new product launches.
A look at Cirrus Logic Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Cirrus Logic shows a promising long-term outlook. With a strong emphasis on growth and resilience, scoring 4 out of 5 in both categories, the company is positioned well for future expansion and able to withstand market fluctuations. This indicates that Cirrus Logic has solid potential for increasing its market presence and adapting to changing industry conditions.
While the Value and Momentum scores sit at 3, suggesting a balanced position in terms of valuation and market performance, the lower Dividend score of 1 may indicate a focus on reinvesting profits back into the company rather than prioritizing dividends for investors. Overall, Cirrus Logic‘s scores reflect a company with robust growth prospects and the ability to weather challenges, making it an intriguing option for long-term investment consideration.
Summary: Cirrus Logic, Inc. is a fabless semiconductor company that specializes in audio and voice IC and software solutions for various industries. Headquartered in Austin, Texas, Cirrus Logic is poised for growth and resilience based on its Smartkarma Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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