<SEC-DOCUMENT>0001157523-18-002515.txt : 20181203
<SEC-HEADER>0001157523-18-002515.hdr.sgml : 20181203
<ACCEPTANCE-DATETIME>20181203163032
ACCESSION NUMBER:		0001157523-18-002515
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181203
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181203
DATE AS OF CHANGE:		20181203

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:			0330

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17795
		FILM NUMBER:		181214332

	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>a51908306.htm
<DESCRIPTION>CIRRUS LOGIC, INC. 8-K
<TEXT>
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      <font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman">
      </font><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><b><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">WASHINGTON,
      D.C. 20549</font></b><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt"><b>______________</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>FORM
      8-K</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>PURSUANT
      TO SECTION 13 OR 15(D) OF THE</b></font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 10pt">Date
      of report (Date of earliest event reported): &#160;&#160;&#160;</font><font style="font-family: Times New Roman; font-size: 10pt"><b>December
      3, 2018</b></font><br><br><br>
    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 18pt; font-family: Times New Roman"><b>CIRRUS
            LOGIC, INC.</b></font>
          </p>
        </td>
        <td style="width: 25%">

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

    </p>
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      <tr>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td valign="bottom" style="width: 30%; padding-right: 0.0px; white-space: nowrap; text-align: center; border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>0-17795</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td valign="bottom" style="width: 30%; padding-right: 0.0px; white-space: nowrap; text-align: center; border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>77-0024818</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 30%; text-align: center; padding-left: 0.0px">
          <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 valign="top" style="width: 30%; text-align: center; padding-left: 0.0px">
          <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 valign="top" style="width: 30%; text-align: center; padding-left: 0.0px">
          <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>
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    <table style="font-family: Times New Roman; width: 100%; font-size: 10pt; margin-bottom: 10.0px" cellspacing="0">
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          &#160;
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        <td valign="bottom" style="width: 55%; text-align: center; border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px">
          <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;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>78701</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td valign="bottom" style="width: 55%; text-align: center; padding-left: 0.0px">
          (Address of Principal Executive Offices)
        </td>
        <td style="width: 5%">

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

        </td>
        <td valign="bottom" style="width: 30%; text-align: center; padding-left: 0.0px">
          (Zip Code)
        </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>Indicate by check mark
      whether the registrant is an emerging growth company as defined in Rule
      405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule
      12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this
      chapter).
    </p>
    <p>
      &#160;Emerging growth company&#160;[&#160;&#160;]
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.&#160;[&#160;&#160;]
    </p>
    <hr style="height: 2.0 pt; width: 100%; color: #000000; text-align: center">


    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 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="height: 1.5pt; color: black">

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

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

    </p>
    <p style="white-space: nowrap">
      <b>Item 7.01&#160;&#160;&#160;&#160;&#160;Regulation FD Disclosure.</b>
    </p>
    <p>
      On December 3, 2018, Cirrus Logic, Inc. (the &quot;Company&quot;) issued a press
      release revising its guidance for the third quarter of fiscal year 2019.
      A copy of the press release is furnished as Exhibit 99.1 to this Form
      8-K.&#160;&#160;Exhibit 99.1 shall not be deemed &quot;filed&quot; for purpose of Section 18
      of the Securities Exchange Act of 1934, as amended (the &quot;Exchange Act&quot;),
      or otherwise subject to the liabilities under the Section and shall not
      be deemed to be incorporated by reference into any filing of the Company
      under the Securities Act of 1933, as amended, or the Exchange Act.
    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap; margin-left: 30.0px">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b>Exhibits</b>
    </p>
    <p style="white-space: nowrap; margin-left: 30.0px">
      <u>Exhibit</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Description</u>
    </p>
    <p style="white-space: nowrap; margin-left: 30.0px">
      Exhibit 99.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Cirrus Logic, Inc. press
      release dated December 3, 2018
    </p>
    <p style="white-space: nowrap">

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 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="height: 1.5pt; color: black">

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

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </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, the 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>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; font-size: 10pt; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 47%">

        </td>
        <td valign="top" style="width: 3%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            CIRRUS LOGIC, INC.
          </p>
        </td>
        <td style="width: 14%">

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

        </td>
        <td style="width: 47%">

        </td>
        <td valign="top" style="width: 3%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 25%">

        </td>
        <td style="width: 14%">

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

        </td>
        <td style="width: 47%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 6%">

        </td>
        <td style="width: 25%">

        </td>
        <td style="width: 14%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 5%; text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td valign="top" style="width: 47%; text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            December 3, 2018
          </p>
        </td>
        <td valign="top" style="width: 3%; text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          By:
        </td>
        <td valign="top" colspan="2" style="text-align: left; border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Thurman K. Case
          </p>
        </td>
        <td style="width: 14%">

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

        </td>
        <td style="width: 47%">

        </td>
        <td valign="top" style="width: 3%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 6%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Name:
          </p>
        </td>
        <td valign="top" style="width: 25%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Thurman K. Case
          </p>
        </td>
        <td style="width: 14%">

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

        </td>
        <td style="width: 47%">

        </td>
        <td valign="top" style="width: 3%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 6%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title:
          </p>
        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 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="height: 1.5pt; color: black">

        </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 style="font-family: Times New Roman; width: 100%; font-size: 10pt; margin-left:auto;margin-right:auto; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 14%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td valign="top" style="width: 66%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
      <tr>
        <td style="width: 14%">

        </td>
        <td style="width: 66%">

        </td>
        <td valign="top" style="width: 20%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 14%; padding-right: 0.0px; white-space: nowrap; text-align: left; border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51908306ex99_1.htm">99.1</a>
          </p>
        </td>
        <td valign="top" style="width: 66%; text-align: left; border-bottom-style: solid; border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <a href="a51908306ex99_1.htm">Registrant's press release dated
            December 3, 2018</a>
          </p>
        </td>
        <td style="width: 20%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51908306ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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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-family: Times New Roman; font-size: 12pt"><b>Cirrus
      Logic Updates Third Quarter Fiscal 2019 Outlook</b></font>
    </p>
    <p>
      AUSTIN, Texas--(BUSINESS WIRE)--December 3, 2018--Cirrus Logic, Inc.
      (Nasdaq: CRUS),<b> </b>a leader in high performance, low-power ICs for
      audio and voice signal processing applications, today announced it
      expects revenue for the third quarter fiscal 2019 to be in the range of
      $300 million and $340 million, compared to its previous forecast of $360
      million and $400 million, due to recent weaknesses in the smartphone
      market.
    </p>
    <p>
      <b>Updated Business Outlook &#8211; Third Quarter FY19</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Revenue is expected to range between $300 million and $340 million;
      </li>
      <li style="margin-bottom: 10.0px">
        GAAP gross margin is expected to be between 49 percent and 51 percent;
        and
      </li>
      <li style="margin-bottom: 10.0px">
        Combined GAAP R&amp;D and SG&amp;A expenses are expected to range between $118
        million and $124 million, which includes approximately $11 million in
        share-based compensation and $8 million in amortization of acquired
        intangibles.
      </li>
    </ul>
    <p>
      Jason Rhode, president and chief executive officer, will present at the
      NASDAQ 39th Investor Conference at The May Fair Hotel in London at 3:30
      p.m. GMT on Tuesday, Dec. 4. A live webcast of the presentation will be
      available on the company's investor relations website. An archived
      replay of the webcast will be available on the website following the
      event.
    </p>
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    <p>
      <b>Cirrus Logic, Inc.</b>
    </p>
    <p>
      Cirrus Logic&#160;is a leader&#160;in high performance, low-power ICs for audio
      and voice signal processing applications. Cirrus Logic&#8217;s products span
      the entire&#160;audio&#160;signal chain, from capture to playback, providing
      innovative&#160;products&#160;for the world&#8217;s top smartphones, tablets, digital
      headsets, wearables and emerging smart home applications. With
      headquarters in Austin, Texas, Cirrus Logic is recognized globally for
      its award-winning corporate culture.&#160;Check us out at&#160;<u>www.cirrus.com</u>.
    </p>
    <p>
      Cirrus Logic and Cirrus are registered trademarks of Cirrus Logic, Inc.
      All other company or product names noted herein may be trademarks of
      their respective holders.
    </p>
    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      <i>Except for historical information contained herein, the matters set
      forth in this news release contain forward-looking statements including
      our statements about our estimates for the third quarter fiscal year
      2019 revenue, gross margin, combined research and development and
      selling, general and administrative expense levels, share-based
      compensation expense and amortization of acquired intangibles. In some
      cases, forward-looking statements are identified by words such as
      &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;target,&#8221; &#8220;project,&#8221; &#8220;believe,&#8221; &#8220;goals,&#8221;
      &#8220;opportunity,&#8221; &#8220;estimates,&#8221; &#8220;intend,&#8221; and variations of these types of
      words and similar expressions.</i> <i>In addition, any statements that
      refer to our plans, expectations, strategies or other characterizations
      of future events or circumstances are forward-looking statements.</i> <i>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
      following: the level of orders and shipments during the third quarter,
      customer cancellations of orders, or the failure to place orders
      consistent with current forecasts, and the risk factors listed in our
      Form 10-K for the year ended March 31, 2018 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.</i>
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Thurman K. Case<br>Chief Financial Officer<br>Cirrus Logic,
      Inc.<br>(512) 851-4125<br><u>Investor.Relations@cirrus.com</u>
    </p>
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