Cirrus Logic Reports Fourth Quarter Revenue of $490.0 Million and Full Fiscal Year 2022 Revenue of $1.78 Billion
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Cirrus Logic (CRUS) PT Lowered to $100 at Needham & Company
May 4, 2022 3:54 PM EDTNeedham & Company analyst Rajvindra Gill lowered the price target on Cirrus Logic (NASDAQ: CRUS) to $100.00 (from $110.00) while maintaining a Buy rating following earnings.
The analyst commented, "CRUS posted a beat and raise following a mixed quarter last cycle as smartphone shipments to... More
Cirrus Logic, Inc. (CRUS) Tops Q4 EPS by 61c
May 3, 2022 4:03 PM EDTCirrus Logic, Inc. (NASDAQ: CRUS) reported Q4 EPS of $2.01, $0.61 better than the analyst estimate of $1.40. Revenue for the quarter came in at $490 million versus the consensus estimate of $420.26 million.
GUIDANCE:
Cirrus Logic, Inc. sees Q1 2023 revenue of $350-390 million, versus the... More
