Cirrus Logic, Inc. (CRUS) Tops Q3 EPS by 56c
Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q3 EPS of $2.97, $0.56 better than the analyst estimate of $2.41. Revenue for the quarter came in at $580.6 million versus the consensus estimate of $534.52 million.
GUIDANCE:
Cirrus Logic, Inc. sees Q4 2026 revenue of $410-470 million, versus the consensus of $385.75 million.
- Revenue is expected to range between $410 million and $470 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 $147 million and $153 million, including approximately $21 million in stock-based compensation expense and $2 million in amortization of acquired intangibles, resulting in a non-GAAP operating expense range between $124 million and $130 million.
For earnings history and earnings-related data on Cirrus Logic, Inc. (CRUS) click here.
