Cirrus Logic, Inc. (CRUS) Tops Q4 EPS by 8c

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Cirrus Logic Reports Fiscal Fourth Quarter Revenue of $372.8 Million and Full Fiscal Year 2023 Revenue of $1.90 Billion

May 4, 2023 4:00 PM EDT

Record Fiscal Year 2023 Revenue Driven By Higher Sales of Components Shipping in Smartphones

AUSTIN, Texas--(BUSINESS WIRE)-- Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the fourth quarter and full fiscal year 2023, which ended March 25, 2023, as well as the companys current business outlook.

We delivered solid financial results in FY23 as higher sales of products shipping in smartphones drove seven percent year-over-year revenue... More