Cirrus Logic Q3 revenue $555.7 million tops guidance; March-quarter outlook falls
Cirrus Logic reported fiscal third-quarter revenue of $555.7 million, up 3% from the prior quarter but down 10% from a year earlier, and above the top of its guidance range. GAAP diluted EPS was $2.11, up from $1.83 in the prior quarter but down from $2.50 a year earlier, and the company guided March-quarter revenue to $350 million to $410 million, down 32% sequentially at the midpoint. The filing also names Jeff Woolard as chief financial officer effective February 24, 2025, replacing interim CFO Ulf Habermann, who remains principal accounting officer.
Key points
- Q3 FY25 revenue $555.7 million: up 3% sequentially, down 10% year over year; GAAP diluted EPS $2.11, non-GAAP $2.51
- Q4 FY25 revenue guided to $350 million to $410 million; GAAP gross margin guided to 51% to 53%
- Jeff Woolard named CFO effective February 24, 2025, with $475,000 base salary and $200,000 cash hiring bonus
- Ulf Habermann steps down as interim CFO and remains principal accounting officer and treasurer
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.