Cirrus Logic, Inc. (CRUS) Tops Q1 EPS by 43c, Beats on Revenue; Offers Guidance
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Financial Fact:
Cost of sales: 216.92M
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Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q1 EPS of $1.51, $0.43 better than the analyst estimate of $1.08. Revenue for the quarter came in at $407.3 million versus the consensus estimate of $365.04 million.
Business Outlook – Second Quarter FY26
Revenue is expected to range between $510 million and $570 million;
GAAP gross margin is forecasted to be between 51 percent and 53 percent; and
Combined GAAP R&D and SG&A expenses are anticipated to range between $153 million and $159 million, including approximately $20 million in stock-based compensation expense and $2 million in amortization of acquired intangibles, resulting in a non-GAAP operating expense range between $131 million and $137 million.
For earnings history and earnings-related data on Cirrus Logic, Inc. (CRUS) click here.
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