Earnings ·
Cirrus Logic reports Q2 FY27 revenue of $559.5M and authorizes additional $500M share repurchase
CRUSCirrus Logic, Inc.
Cirrus Logic reported fiscal second quarter revenue of $559.5 million, with GAAP diluted earnings per share of $2.23 and non-GAAP diluted EPS of $2.70. The company also announced that its Board of Directors authorized the repurchase of up to an additional $500 million of common stock, bringing total available authorization to $614.1 million after accounting for remaining balances and recent activity. Cirrus Logic is a designer of low-power, high-precision mixed-signal processing solutions for mobile and consumer applications.