<SEC-DOCUMENT>0001157523-13-001812.txt : 20130417
<SEC-HEADER>0001157523-13-001812.hdr.sgml : 20130417
<ACCEPTANCE-DATETIME>20130416185401
ACCESSION NUMBER:		0001157523-13-001812
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20130416
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130417
DATE AS OF CHANGE:		20130416

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CIRRUS LOGIC INC
		CENTRAL INDEX KEY:			0000772406
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				770024818
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17795
		FILM NUMBER:		13765197

	BUSINESS ADDRESS:	
		STREET 1:		800 WEST 6TH STREET
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
		BUSINESS PHONE:		512-851-4000

	MAIL ADDRESS:	
		STREET 1:		800 WEST 6TH STREET
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50611652.htm
<DESCRIPTION>CIRRUS LOGIC, INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><b><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">WASHINGTON,
      D.C. 20549</font></b><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><b>______________</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><br><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-size: 14pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><br><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 11pt"><b>PURSUANT
      TO SECTION 13 OR 15(D) OF THE</b></font><font style="font-family: Times New Roman; font-size: 11pt"><br style="font-size: 11pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 11pt"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">Date
      of report (Date of earliest event reported): &#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: Times New Roman; font-size: 12pt"><b>April
      16, 2013</b></font><br><br><br>
    </p>
<div style="text-align:left">
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          &#160;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 18pt"><b>CIRRUS LOGIC, INC.</b></font>
          </p>
        </td>
        <td style="width: 25%">

        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" colspan="3" valign="top">
          <p style="font-family: Times New Roman; margin-top: 0px; margin-bottom: 0px; font-size: 10pt">
            <font style="font-size: 10pt; font-family: Times New Roman">(Exact
            name of Registrant as specified in its charter)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <br>

    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 30%; text-align: center; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>0-17795</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 30%; text-align: center; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>77-0024818</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 30%; text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other Jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Incorporation or Organization)
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 30%; text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 30%; text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
      <tr>
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          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 55%; text-align: center; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>800 W. 6<sup>th</sup> Street, Austin, TX</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt; padding-right: 0.0px; width: 30%; text-align: center; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>78701</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 55%; text-align: center; padding-left: 0.0px" valign="bottom">
          <font style="font-size: 10pt; font-family: Times New Roman">(Address
          of Principal Executive Offices)</font>
        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 30%; text-align: center; padding-left: 0.0px" valign="bottom">
          <font style="font-size: 10pt; font-family: Times New Roman">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-size: 10pt; font-family: Times New Roman">Registrant&#8217;s
      telephone number, including area code: &#160;&#160;</font><font style="font-size: 10pt; font-family: Times New Roman"><b>(512)
      851-4000</b></font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt"></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt">
      </font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><!--end_optional_former-->
      </font><font style="font-size: 10pt; font-family: Times New Roman">Check
      the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))</font><br><br><br>
    </p>
    <hr style="color: #000000; width: 100%; height: 2.0 pt; text-align: center">


    <p>

    </p>
    <div style="margin-left: 0pt; text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 2.02&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p>
      On April 16, 2013, the Company issued a press release announcing its
      preliminary fourth quarter and fiscal year 2013 results. The full text
      of the press release is attached as Exhibit No. 99.1 to this Current
      Report on Form 8-K.&#160;&#160;The press release contains forward-looking
      statements regarding the Company and cautionary statements identifying
      important factors that could cause actual results to differ materially
      from those anticipated.
    </p>
    <p>
      The information contained in this Current Report on Form 8-K and the
      exhibits attached hereto shall not be deemed &#8220;filed&#8221; for purposes of
      Section 18 of the Securities Exchange Act of 1934, as amended (the
      &#8220;Exchange Act&#8221;), or otherwise subject to the liabilities of that
      section, nor shall they be deemed incorporated by reference in any
      filing under the Securities Act of 1933, as amended, or the Exchange
      Act, except as expressly set forth by specific reference in such a
      filing.
    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
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          &#160;
        </td>
        <td style="padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (d)&#160;&#160; &#160;&#160;&#160;&#160;<b>Exhibits</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 80%">
          &#160;
        </td>
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        <td style="width: 5%">

        </td>
        <td style="width: 15%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit</u>
          </p>
        </td>
        <td style="width: 80%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 80%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%; padding-left: 0.0px" valign="top">
          Exhibit 99.1
        </td>
        <td style="width: 80%; padding-left: 0.0px" valign="top">
          Cirrus Logic, Inc. press release dated April 16, 2013
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p style="text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, Registrant has
      duly caused this report to be signed on its behalf by the undersigned
      thereunto duly authorized.</font>
    </p>
    <p style="text-indent: 30.0px">

    </p>
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    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
      <tr>
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        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 30%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            CIRRUS LOGIC, INC.
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 15%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-bottom: 2.0px; width: 5%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td style="padding-bottom: 2.0px; width: 45%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            April 16, 2013
          </p>
        </td>
        <td style="padding-bottom: 2.0px; width: 5%; text-align: left; padding-left: 0.0px" valign="top">
          By:
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 30%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Thurman K. Case
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 30%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Name:&#160;Thurman K. Case
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 30%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title:&#160;&#160;Chief Financial Officer
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-left: 0pt; text-indent: 0pt; margin-bottom: 10pt; width: 100%; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT&#160;INDEX</b>
    </p>
    <p style="text-align: center">

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%; margin-left:auto;margin-right:auto">
      <tr>
        <td style="width: 14%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td style="width: 86%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 14%">

        </td>
        <td style="width: 86%; text-align: left; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; width: 14%; text-align: left; white-space: nowrap; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="width: 86%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Registrant&#8217;s press release dated April 16, 2013.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: center">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50611652ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
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    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Cirrus
      Logic Announces Preliminary Q4 Revenue Increases 87 Percent Year Over
      Year to Approximately $206.9M</b></font>
    </p>
    <p style="text-align: center">
      <i><font style="font-size: 12pt; font-family: Times New Roman"><b>Company
      to Record a Net Inventory Reserve of $23.3 Million in Q4</b></font></i>
    </p>
    <p>
      AUSTIN, Texas--(BUSINESS WIRE)--April 16, 2013--Cirrus Logic Inc.
      (Nasdaq: CRUS)<b> </b>today announced preliminary net revenue of
      approximately $206.9 million, based on unaudited financial results for
      the fourth quarter, which ended March 30, 2013. The company also
      announced that it&#160;will&#160;record a total net&#160;inventory reserve
      of&#160;$23.3&#160;million&#160;of which approximately&#160;$20.7 million is&#160;due to&#160;a
      decreased&#160;forecast&#160;for&#160;a&#160;high volume&#160;product&#160;as the customer&#160;migrates&#160;to
      one of&#160;Cirrus Logic&#8217;s&#160;newer&#160;components. The $20.7 million inventory
      reserve is expected to result in a decrease in gross margin for the
      quarter of slightly more than 10 percent to approximately 40.4 percent,
      below the company&#8217;s previous guidance range of 50 to 52 percent.
      Additionally, combined R&amp;D and SG&amp;A expenses are expected to be
      approximately $50 million, which includes roughly $6 million of stock
      based compensation and other charges.
    </p>
    <p>
      The company expects margins to return to the 50 to 52 percent range on
      revenue of $150 to $170 million in the first fiscal quarter. R&amp;D and
      SG&amp;A expense for the June quarter is anticipated to be $51 million to
      $55 million, which includes approximately $6 million of stock based
      compensation.
    </p>
    <p>
      &#8220;FY13 was an outstanding year for Cirrus Logic. While it is unfortunate
      to close the year with a significant inventory reserve, this should not
      overshadow the significant progress the company has made throughout this
      past fiscal year,&#8221; said Jason Rhode, president and chief executive
      officer, Cirrus Logic. &#8220;We continue to be aligned with the very best
      customers in the markets we serve and our team is hard at work on
      development activities that will position us to capitalize on exciting
      opportunities in the future.&#8221;
    </p>
    <p>
      The company will post its fourth quarter and full fiscal 2013 year
      financial results and business outlook on the investor relations area of
      its website at <u>http://investor.cirrus.com</u> on Thursday, April 25,
      at approximately 4 p.m. EDT.
    </p>
    <p>
      Cirrus Logic will host a live Q&amp;A webcast session on the investor
      relations website at 5 p.m. EDT that same day to answer questions
      related to its financial results and business outlook. Shareholders who
      would like to submit a question to be addressed during the call are
      requested to email <u>investor.relations@cirrus.com</u>.
    </p>
    <p>
      A replay of the Q&amp;A session will be available on the website listed
      above beginning approximately two hours following the completion of the
      webcast, or by dialing (404) 537-3406, or toll free at (855) 859-2056
      (Access Code: 32769785).
    </p>
    <p>
      <b>Cirrus Logic, Inc.</b>
    </p>
    <p>
      Cirrus Logic develops high-precision, analog and mixed-signal integrated
      circuits for a broad range of innovative customers. Building on its
      diverse analog and signal-processing patent portfolio, Cirrus Logic
      delivers highly optimized products for a variety of audio and
      energy-related applications. The company operates from headquarters in
      Austin, Texas, with offices in Europe, Japan and Asia. More information
      about Cirrus Logic is available at <u>www.cirrus.com</u>.
    </p>
    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      Except for historical information contained herein, the matters set
      forth in this news release reflect the company&#8217;s preliminary estimates
      for the fourth quarter of fiscal year 2013, and are subject to our
      fourth quarter review process. This release also contains other
      forward-looking statements, including our expected revenues, gross
      margin, and total R&amp;D and SG&amp;A operating expenses for the first quarter
      of fiscal year 2014. In some cases, forward-looking statements are
      identified by words such as &quot;expect,&quot; &quot;anticipate,&quot; &quot;target,&quot; &quot;project,&quot;
      &quot;believe,&quot; &quot;goals,&quot; &quot;opportunity,&quot; &quot;estimates,&quot; and &quot;intend,&quot; variations
      of these types of words and similar expressions are intended to identify
      these forward-looking statements. In addition, any statements that refer
      to our plans, expectations, strategies or other characterizations of
      future events or circumstances are forward-looking statements. These
      forward-looking statements are based on our current expectations,
      estimates and assumptions and are subject to certain risks and
      uncertainties that could cause actual results to differ materially.
      These risks and uncertainties include, but are not limited to, the level
      of orders and shipments during the first quarter of fiscal year 2014, as
      well as customer cancellations of orders, or the failure to place orders
      consistent with forecasts; our ability to introduce and ramp production
      of new products in a timely manner; and the risk factors listed in our
      Form 10-K for the year ended March 31, 2012, and in our other filings
      with the Securities and Exchange Commission, which are available at <u>www.sec.gov</u>.
      The foregoing information concerning our business outlook represents our
      outlook as of the date of this news release, and we undertake no
      obligation to update or revise any forward-looking statements, whether
      as a result of new developments or otherwise.
    </p>
    <p>
      Cirrus Logic and Cirrus are trademarks of Cirrus Logic Inc.
    </p>
    <p>
      CRUS-F
    </p>
    <p>
      CONTACT:<br>Cirrus Logic, Inc.<br>Thurman K. Case, 512-851-4125<br>Chief
      Financial Officer<br><u>Investor.Relations@cirrus.com</u>
    </p>
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