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CIRRUS LOGIC® FINANCIAL NEWS Investor Contact : Thurman K. Case Chief Financial Officer Cirrus Logic , Inc. ( 512 ) 851-4125 Investor@cirrus.com Cirrus Logic Reports Q1 FY22 Revenue of $ 277.3 Million Content Gains in High - Performance Mixed - Signal Expected to Fuel Strong Year - Over - Year Revenue Growth in Q2 FY22 AUSTIN , Texas - July 28 , 2021 - Cirrus Logic , Inc. ( Nasdaq : CRUS ) today posted on its website at http://investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the first quarter fiscal year 2022 , which ended June 26 , 2021 , as well as the company's current business outlook . " In the past quarter , Cirrus Logic accelerated both sales momentum and execution of our growth strategy . We grew revenue by 14 percent year on year , increased penetration of the Android market , began shipments with a leading laptop OEM , ramped new content in anticipation of product launches in the latter half of the year and advanced the development of a number of new components that are expected to drive future revenue growth , ” said John Forsyth , Cirrus Logic president and chief executive officer . " The company's recent investments in power- related products , including the acquisition of Lion Semiconductor , are expected to meaningfully expand our addressable market and continue the exciting progress we have been making in building new and strategic areas of our business . With a strong pipeline of audio and high- performance mixed - signal products ramping in the coming months , we are upbeat about the next several quarters and continue to anticipate accelerated revenue growth in FY22 . " Reported Financial Results – First Quarter FY22 - • Revenue of $ 277.3 million ;