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Last €29.54 EUR
Change Today +0.08 / 0.27%
Volume 0.0
CRU On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 5:02 AM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

cirrus logic inc (CRU) Snapshot

Open
€29.33
Previous Close
€29.46
Day High
€29.85
Day Low
€29.04
52 Week High
05/26/15 - €35.01
52 Week Low
12/3/14 - €13.37
Market Cap
1.9B
Average Volume 10 Days
119.7
EPS TTM
--
Shares Outstanding
63.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CIRRUS LOGIC INC (CRU)

cirrus logic inc (CRU) Related Businessweek News

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cirrus logic inc (CRU) Details

Cirrus Logic, Inc., a fabless semiconductor company, develops analog and mixed-signal integrated circuits for a range of consumer and industrial markets. It offers audio products, including codecs, analog-to-digital converters, digital-to-analog converters, active noise cancelling circuits, amplifiers, and micro-electromechanical system microphones, as well as standalone digital signal processors. The company’s audio products are used in various mobile applications comprising smartphones, tablets, portable media players, wearables, and accessories, such as headsets and headphones. Its products are used in consumer applications, including laptops, audio/video receivers, home theater systems, set-top boxes, portable speakers, digital camcorders, and musical instruments, as well as professional audio products; and automotive application comprising satellite radio systems, telematics, and multi-speaker car-audio systems. The company’s products are also used in a range of high-precision industrial and energy-related applications, including digital utility meters, power supplies, energy control, energy measurement, and energy exploration applications. It markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas.

1,104 Employees
Last Reported Date: 05/27/15
Founded in 1984

cirrus logic inc (CRU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $625.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $307.4K
Senior Vice President and General Manager of ...
Total Annual Compensation: $309.6K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $302.4K
Chief Culture Officer and Vice President
Total Annual Compensation: $291.2K
Compensation as of Fiscal Year 2015.

cirrus logic inc (CRU) Key Developments

Cirrus Logic Inc. Announces First Amendment to Credit Agreement with Wells Fargo Bank, National Association

On June 23, 2015, Cirrus Logic Inc. and Wells Fargo Bank, National Association, as Administrative Agent, and the Lenders party thereto, entered into a first amendment to its Credit Agreement. The First Amendment primarily provides additional flexibility to the Company for certain intercompany transactions. In particular, the First Amendment (i) amended the definition of Permitted Acquisition" to increase the threshold whereby the Company must provide certain financial statements and certifications to the Administrative Agent; (ii) expanded the Company's ability to make intercompany investments, including unsecured intercompany Indebtedness to fund a Permitted Acquisition; and (iii) provided the Company with the ability, under certain circumstances, to transfer Capital Stock in a Non-Guarantor Subsidiary to a another Wholly-Owned Subsidiary that is not a Credit Party.

Cirrus Logic Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 28, 2015; Provides Earnings Guidance for the First Quarter of Fiscal 2016

Cirrus Logic Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended March 28, 2015. For the quarter, the company has posted net sales of $255,183,000 against $149,659,000 a year ago. Income from operations was $30,407,000 against $20,060,000 a year ago. Income before income tax was $29,930,000 against $20,300,000 a year ago. Net income was $21,349,000 against $12,602,000 a year ago. Diluted earnings per share were $0.32 against $0.20 a year ago. Non-GAAP net income was $43,455,000 against $26,146,000 a year ago. Non-GAAP operating income was $45,283,000 against $25,796,000 a year ago. For the quarter, the company has posted net sales of $916,568,000 against $714,338,000 a year ago. Income from operations was $108,769 against $155,016,000 a year ago. Income before income tax was $91,549,000 against $91,549,000 a year ago. Net income was $55,178,000 against $108,111,000 a year ago. Diluted earnings per share were $0.85 against $1.65 a year ago. Non-GAAP net income was $174,379,000 against $176,421,000 a year ago. Non-GAAP operating income was $181,596,000 against $178,679,000 a year ago. For the first quarter of fiscal 2016, the company expects revenue to range between $260 million and $280 million; GAAP gross margin is expected to be between 45% and 47%.

Cirrus Logic Inc. Presents at Barclays America Select Franchise Conference 2015, May-19-2015

Cirrus Logic Inc. Presents at Barclays America Select Franchise Conference 2015, May-19-2015 . Venue: Langham Hotel, London, United Kingdom.

 

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Industry Analysis

CRU

Industry Average

Valuation CRU Industry Range
Price/Earnings 39.8x
Price/Sales 2.3x
Price/Book 2.8x
Price/Cash Flow 38.7x
TEV/Sales 1.9x
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