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Technology Stocks : Semi Equipment Analysis
SOXX 296.74+1.8%Nov 28 4:00 PM EST

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From: Sam1/31/2022 4:15:04 PM
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Cirrus Logic Fiscal Q3 Adjusted EPS, Revenue Rise; Fiscal Q4 Revenue Guidance Issued
MT NEWSWIRES 4:13 PM ET 1/31/2022

Symbol Last Price Change
89.44 +4.19 (+4.915%)
QUOTES AS OF 04:00:00 PM ET 01/31/2022


04:13 PM EST, 01/31/2022 (MT Newswires) -- Cirrus Logic(CRUS) reported late Monday fiscal Q3 adjusted earnings of $2.54, up from $2.13 a year earlier.

Analysts polled by Capital IQ projected $2.14.

Revenue was $548.3 million for the quarter ended Dec. 25, up from $485.8 million a year earlier. Analysts surveyed by Capital IQ forecast $509.3 million.

The semiconductor company said it anticipates fiscal Q4 revenue in the range of $400 million to $440 million. Analysts polled by Capital IQ are looking for $353.2 million.

The company's shares jumped more than 8% in recent Monday after-hours activity.

Price: 99.47, Change: +10.03, Percent Change: +11.21



MT Newswires does not provide investment advice. Unauthorized
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