Wednesday, April 27, 2016

Cirrus Logic Tops $1.2 Billion In Yearly Revenues

Austin-based analog and digital signal processing semiconductor developer Cirrus Logic said late Tuesday that it had $1.2 billion in revenues in its FY16, a record for the company. Cirrus Logic said that the revenues were up 28 percent from the prior year, fueled by growth in portable audio products. The company announced the record revenues as part of its fourth quarter and full fiscal year results. The company had $232M in revenues in Q4.