Cirrus Logic, Inc. Provides Earnings Guidance for Fourth Quarter Fiscal Year 2024
February 06, 2024 at 04:01 pm EST
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Cirrus Logic, Inc. provided earnings guidance for Fourth Quarter Fiscal Year 2024. For the quarter, Revenue is expected to range between $290 million and $350 million. GAAP gross margin is expected to be between 49% and 51%.
Cirrus Logic, Inc. is engaged in low-power, high-precision mixed-signal processing solutions. The Company's product line categories are Audio and High-Performance Mixed-Signal (HPMS). It is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, tablets, laptops, virtual reality/augmented reality headsets, home theater systems, automotive entertainment systems and professional audio systems. Its Audio Products include boosted amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors. The Companyâs HPMS Products include camera controllers, haptics and sensing solutions, battery, and power integrated circuits (ICs). Additionally, the Companyâs SoundClear technology consists of a broad portfolio of tools, software and algorithms that help to differentiate its customersâ products by improving the user experience.
CIRRUS LOGIC, INC. 
