Cirrus Logic Reports Q2 Revenue of $428.6 Million
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Oppenheimer Raises Price Target on Cirrus Logic, Inc. (CRUS); Reiterates Outperform
October 28, 2016 10:02 AM EDTOppenheimer reiterated an Outperform rating on Cirrus Logic (NASDAQ: CRUS), and raised the price target to $65.00 (from $60.00), following the company's 2Q earnings report. sales and EPS of $428.6M/$1.35 came in ahead of $400.0M/$1.08 expectations.
Analyst Rick Schafer commented, "We are... More
Cirrus Logic, Inc. (CRUS) Q2 Results and Guidance Beat Estimates
October 27, 2016 4:37 PM EDTCirrus Logic, Inc. (NASDAQ: CRUS) reported Q2 EPS of $1.35, $0.30 better than the analyst estimate of $1.05. Revenue for the quarter came in at $428.6 million versus the consensus estimate of $396.75 million.
GUIDANCE:
Cirrus Logic, Inc. sees Q3 2017 revenue of $475-515 million,... More
