Cirrus Logic Reports Q4 Revenue of $232 Million and Record Revenue of $1.2 Billion for FY16

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Cirrus Logic (CRUS) Gains Despite Apple Weakness

April 27, 2016 9:40 AM EDT

Cirrus Logic, Inc. (NASDAQ: CRUS) is bucking the Apple supplier weakness as traders focus on the company's own Q4 'beat'. Shares are up 8% early.

Cirrus Logic reported Q4 EPS of $0.30, $0.09 better than the analyst estimate of $0.21. Revenue for the quarter came in at $232 million... More