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Mar 28, 2020
Cirrus Logic Q4 2020 Earnings Report
Cirrus Logic reported Q4 FY20 earnings with revenue of $279.3 million and GAAP EPS of $0.17.
Key Takeaways
Cirrus Logic reported Q4 FY20 revenue of $279.3 million, with GAAP earnings per share of $0.17 and non-GAAP earnings per share of $0.68. The company's FY20 revenue reached $1.28 billion. Content gains contributed to eight percent year-over-year revenue growth in FY20.
Q4 FY20 revenue was $279.3 million.
GAAP gross margin was 52.4 percent.
GAAP earnings per share were $0.17, and non-GAAP earnings per share were $0.68.
FY20 revenue was $1.28 billion.
Cirrus Logic
Cirrus Logic
Forward Guidance
For Q1 FY21, Cirrus Logic expects revenue to range between $200 million and $250 million, GAAP gross margin to be between 51 percent and 53 percent, and combined GAAP R&D and SG&A expenses to range between $111 million and $117 million.