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Cirrus Logic Inc (CRUS.O)

CRUS.O on Nasdaq

54.33USD
17 Sep 2019
Change (% chg)

$-1.39 (-2.49%)
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$55.72
Open
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$54.12
Volume
612,332
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684,502
52-wk High
$60.00
52-wk Low
$31.25

Latest Key Developments (Source: Significant Developments)

Cirrus Logic Reports Q3 Non-GAAP EPS Of $0.91
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Cirrus Logic Inc ::CIRRUS LOGIC REPORTS Q3 FY19 REVENUE OF $324.3 MILLION.Q3 NON-GAAP EARNINGS PER SHARE $0.91.Q3 GAAP EARNINGS PER SHARE $0.49.Q3 REVENUE $324.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $322.7 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.80 -- REFINITIV IBES DATA.SEES Q4 FY19 REVENUE BETWEEN $200 MILLION AND $240 MILLION.SEES Q4 FY19 GAAP GROSS MARGIN BETWEEN 49 PERCENT AND 51 PERCENT.SEES Q4 FY19 COMBINED GAAP RESEARCH AND DEVELOPMENT AND SG&A EXPENSES BETWEEN $119 MILLION AND $125 MILLION.BOARD AUTHORIZED REPURCHASE OF UP TO AN ADDITIONAL $200 MILLION OF COMPANY'S COMMON STOCK.  Full Article

Cirrus Logic Updates Q3 Outlook
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Cirrus Logic Inc ::CIRRUS LOGIC UPDATES THIRD QUARTER FISCAL 2019 OUTLOOK.SEES Q3 2019 REVENUE $300 MILLION TO $340 MILLION.FOR Q3 FY19 GAAP GROSS MARGIN IS EXPECTED TO BE BETWEEN 49 PERCENT AND 51 PERCENT.EXPECTS REVENUE FOR Q3 FISCAL 2019 TO BE IN RANGE OF $300 MILLION AND $340 MILLION DUE TO RECENT WEAKNESSES IN SMARTPHONE MARKET..FOR Q3 FY19, COMBINED GAAP RESEARCH AND DEVELOPMENT AND SG&A EXPENSES ARE EXPECTED TO RANGE BETWEEN $118 MILLION AND $124 MILLION.Q3 REVENUE VIEW $366.6 MILLION -- REFINITIV IBES DATA.  Full Article

Cirrus Logic reports Q2 non-GAAP EPS of $1.36
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Cirrus Logic Inc ::Cirrus Logic reports Q2 FY18 revenue of $425.5 million.Q2 non-GAAP earnings per share $1.36.Q2 GAAP earnings per share $1.10.Q2 revenue $425.5 million versus I/B/E/S view $410.3 million.Q2 earnings per share view $1.21 -- Thomson Reuters I/B/E/S.For Q3 FY18 revenue is expected to range between $510 million and $550 million​.For Q3 FY18 GAAP gross margin is expected to be between 48 percent and 50 percent​.  Full Article