Northland Capital Markets Upgrades Cirrus Logic (CRUS) to Outperform

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Go back to Northland Capital Markets Upgrades Cirrus Logic (CRUS) to Outperform

Cirrus Logic (CRUS) Turn Coming Sooner, Needham & Company Says; PT, Estimates Lifted Post Q4

April 25, 2014 6:54 AM EDT

Needham & Company analyst Vernon Essi adjusted estimates and boosted his price target on Buy-rated Cirrus Logic (NASDAQ: CRUS) from $21 to $26 following strong results and guidance, saying the turnaround is coming sooner than expected.

Essi comments, "Our prior expectation that we would have six months of darkness has taken an abrupt turn: CRUS not... More

Cirrus Logic, Inc. (CRUS) Tops Q4 EPS by 9c; Issues Q1 Revs Outlook

April 24, 2014 4:01 PM EDT

Cirrus Logic, Inc. (NASDAQ: CRUS) reported Q4 EPS of $0.41, $0.09 better than the analyst estimate of $0.32. Revenue for the quarter came in at $149.7 million versus the consensus estimate of $143.01 million.

Cirrus Logic, Inc. sees Q1 2015 revenue of $135-155 million, versus the consensus of $135.5... More