Cirrus Logic Reports Q1 FY22 Revenue of $277.3 Million

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Cirrus Logic (CRUS) PT Raised to $110 at Needham & Company

July 29, 2021 8:25 AM EDT

Needham & Company analyst Rajvindra Gill raised the price target on Cirrus Logic (NASDAQ: CRUS) to $110.00 (from $100.00) while maintaining a Buy rating.

The analyst commented, "Cirrus delivered a strong beat-and-raise quarter, guiding to Sept. sales of $450MM (or ~$433 ex. pro-rated Lion acquisition... More

Cirrus Logic, Inc. (CRUS) Tops Q1 EPS by 14c; Guides Q2 Revenue Above Street

July 28, 2021 4:02 PM EDT

Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q1 EPS of $0.54, $0.14 better than the analyst estimate of $0.40. Revenue for the quarter came in at $277.3 million versus the consensus estimate of $261.76 million.

In the past quarter, Cirrus Logic accelerated both sales momentum and execution of our growth... More