Cirrus Logic Reports Strong June Quarter Revenue Driven by Smartphone Demand

Reuters
Aug 07
Cirrus Logic Reports Strong June Quarter Revenue Driven by Smartphone Demand

Cirrus Logic Inc.'s management, led by President and CEO John Forsyth, reported robust financial performance for the June quarter, with revenue reaching $407.3 million, surpassing the top end of the guidance range. This success was largely attributed to strong demand for smartphone components incorporating Cirrus Logic's silicon. Forsyth emphasized the company's ongoing commitment to its long-term growth strategy, focusing on maintaining leadership in the smartphone audio sector and expanding mixed-signal solutions. The team remains optimistic about future opportunities and will participate in the KeyBanc Technology Leadership Forum in Deer Valley on August 12th. Unfortunately, the URL for the full speech/interview was not provided in the document.

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