How has CRUS's earnings performance evolved over the past year?
4/4/2025 12:39am
Cirrus Logic's (CRUS) earnings performance has shown a decline in the past year, with a decrease in net income and revenue compared to the same period the previous year. Here's a detailed analysis:
1. **Net Income**: CRUS's net income for the fiscal quarter ending September 30, 2024, was $138.72 million. This is a decrease from the net income of $179.07 million reported for the same quarter in the previous year, indicating a decline of approximately 22.5%.
2. **Revenue**: The total revenue for CRUS in the fiscal quarter ending September 30, 2024, was $618.98 million. This represents a decrease from the revenue of $754.42 million recorded in the same quarter the previous year, which is a decline of approximately 18.1%.
3. **Diluted EPS**: The diluted earnings per share (EPS) for CRUS in the fiscal quarter ending September 30, 2024, was $2.5. This is a decrease from the diluted EPS of $3.2 reported in the same quarter the previous year, indicating a decline of approximately 21.9%.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CRUS|CRUS.O|Cirrus Logic|2024 Q4|183.55288900482586|4.4842E7|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q1|169.8397435897436|4.2095E7|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q2|35.45161589772833|1.0214E8|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q3|-16.376520115626104|1.16005E8|185|
|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CRUS|CRUS.O|Cirrus Logic|2024 Q4|-0.266883392074502|3.71827E8|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q1|17.98331945390769|3.74026E8|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q2|12.637430024757673|5.41857E8|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q3|-10.217711604823387|5.55738E8|185|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|CRUS|CRUS.O|Cirrus Logic|2025 Q1|171.4285714285714|0.76|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q2|36.56716417910447|1.83|185|
|CRUS|CRUS.O|Cirrus Logic|2025 Q3|-15.600000000000005|2.11|185|
In summary, CRUS has experienced a decline in its earnings performance over the past year, with a significant decrease in net income, revenue, and diluted EPS. This trend suggests that the company may be facing challenges or operating in a market environment that is impacting its financial results.