Cirrus Logic, Inc. (CRUS) Q2 2024 Earnings Conference Call Transcript

Cirrus Logic, Inc. (NASDAQ:CRUS) Q2 2024 Earnings Conference Call November 2, 2023 6:00 PM ET

Company Participants

Chelsea Heffernan – Director, IR

John Forsyth – CEO, President & Director

Venkatesh Nathamuni – CFO & Principal Accounting Officer

Conference Call Participants

Matt Ramsay – TD Cowen

Christopher Rolland – Susquehanna

Tore Svanberg – Stifel

Blayne Curtis – Barclays

Ananda Baruah – Loop Capital


Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Second Quarter Fiscal Year 2024 Financial Results Q&A session. At this time all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference call is being recorded for replay purposes.

I would now like to turn the conference call over to Ms. Chelsea Heffernan, Vice President of Investor Relations. Ms. Heffernan, you may begin.

Chelsea Heffernan

Thank you, and good afternoon. Joining me on today’s call is John Forsyth, Cirrus Logic’s President and Chief Executive Officer; and Venk Nathamuni, Chief Financial Officer.

Today, at approximately 4:00 p.m. Eastern Time we announced our financial results for the second quarter of fiscal year ’24. The shareholder letter discussing our financial results, the company’s earnings press release, the webcast of this Q&A session are all available at the company’s Investor Relations website.

This call will feature questions from the analysts covering our company. Additionally, the results and guidance we will discuss on this call will include non-GAAP financial measures that exclude certain items. Reconciliations of these non-GAAP measures to their most directly comparable GAAP measures are included in our earnings release, and are all available on the company’s Investor Relations website.

Please note that during this session, we may make projections and other forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially from projections. By providing this information, the

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