In: Film and Music

Submitted By zibkinite
Words 6713
Pages 27
Date: 27 February 2015 Business Summary Sector: Technology Industry: Semiconductors


Cirrus Logic, Inc. (Cirrus Logic) develops analog and mixed-signal integrated circuits (IC) for a broad range of consumer and industrial markets. Building on its diverse analog mixed-signal patent portfolio, Cirrus Logic delivers optimized products for consumer and professional audio, automotive entertainment, and targeted industrial applications, including energy control, energy measurement, light emitting diode (LED) lighting and energy exploration. The Company serves customers in the United States, Europe and Asia, including the People’s Republic of China, Hong Kong, South Korea, Japan, Singapore, Taiwan and the United Kingdom. In October 2013, the Company acquired Acoustic Technologies, Inc. In August 2014, the Company acquired Wolfson Microelectronics plc. Share Performance 29.66 Price ($): Volume (millions): 1.1

Cirrus Logic Inc 800 WEST 6TH STREET AUSTIN TX 78701 United States Thurman Case (Chief Financial Officer) P/E: Employees: Market Cap: Shares Outstanding: Float: 42.77 751

52 Week High: 52 Week Low:

30.65 16.80



1,860.69 62.73 62.43

Sa le s 940 810 680 550 430 300 Ma r 1 2 Ma r 1 3 Ma r 1 4
($ Millions)

In co m e

Financial Summary BRIEF: For the 39 weeks ended 27 December 2014, Cirrus Logic, Inc. revenues increased 17% to $661.4M. Net income decreased 65% to $33.8M. Revenues reflect Audio Products segment increase of 17% to $558.1M, Energy Products segment increase of 17% to $103.3M. Net income was offset by Research and development increase of 54% to $139.8M (expense), Other expense increase from $100K to $12.6M (expense). Valuation Ratios Price/Earnings (TTM) Price/Sales (TTM) Price/Book (MRQ) Price/Cashflow (TTM) Per…...

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