Cirrus Logic reported record first-quarter fiscal 2027 results with revenue of $460 million, up 13% year over year, and non-GAAP earnings per share of $1.84. Management cited strong demand for custom boosted amplifiers and smart codecs, and said the product pipeline across audio and high-performance mixed-signal businesses is the strongest in years. For the second quarter, the company expects revenue of $510 million to $570 million, GAAP gross margin of 52% to 54%, and non-GAAP operating expenses of $140 million to $146 million. Cirrus Logic also secured dedicated wafer capacity and pricing with GlobalFoundries for 2027 and 2028, and plans to begin sampling a new family of analog front-end products for smart meters in the September quarter.
Cirrus Logic IncRecord Q1 revenue and EPS, strong Q2 guidance
Globalfoundries IncCirrus Logic secured dedicated wafer capacity and pricing with GlobalFoundries
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