Cirrus Logic Reports Q3 FY20 Revenue of $374.7 Million

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Cirrus Logic, Inc. (CRUS) Tops Q3 EPS by 28c, Revenues Beat; Offers Q4 Revenue Guidance Above Consensus

January 29, 2020 4:01 PM EST

Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q3 EPS of $1.41, $0.28 better than the analyst estimate of $1.13. Revenue for the quarter came in at $374.7 million versus the consensus estimate of $346.49 million.

Cirrus Logics revenue for the December quarter exceeded guidance as we experienced higher-than-anticipated volumes for certain components shipping into smartphones, said Jason Rhode,... More