SEC Filings
Cirrus Logic Guides December Revenue To $510 Million-$570 Million And Adds $500 Million Buyback
One customer was about 93% of September-quarter sales, and the December revenue midpoint sits 3% below that quarter.
CRUS
Cirrus Logic (CRUS) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Cirrus Logic Stepped Back From Synaptics Once Price Moved Past Its Value Line
The chipmaker's CFO says it made proposals, is not pursuing a deal, and guided December-quarter revenue to $510 million to $570 million.
SEC Filings
Apple Is Now About 93% Of Cirrus Logic's Sales, Up From 90%, As Revenue Stalls
Cirrus Logic's quarterly sales were flat at $559.5 million while it added a $500 million buyback and a $600 million wafer commitment.
Deals
Cirrus Logic Confirms It Made Acquisition Proposals For Synaptics, Says It Is Not Pursuing A Deal Now
An 8-K names Cirrus Logic as "Party A" in the Synaptics and onsemi merger filings and says it will comment no further for now.
SEC Filings
Cirrus Logic Buys Italian Chip Designer INVENTVM, Gives No Price And Sees No Material Revenue Effect
The company's 8-K and press release say the deal adds engineers and intellectual property in Pavia, Italy.