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Cirrus Logic Posts Record Revenue as PC Outlook for 2027 Shrinks

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Cirrus Logic reported record first-quarter revenue of $459.7 million, up 13% year over year, with non-GAAP EPS of $1.84. Audio revenue rose 3.7% to $249.0 million, while high-performance mixed-signal climbed 26% to $210.7 million. Alongside progress in cameras and power, the company said its PC segment outlook for fiscal 2027 is smaller, and it signed a wafer supply agreement with GlobalFoundries through 2028.

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