Seeking Alpha

Cirrus Logic beats estimates, issues strong guidance; shares rise

  • Cirrus Logic (CRUS): FQ2 EPS of $0.84 beats by $0.24.
  • Revenue of $190.7M (-2% Y/Y) beats by $9M.
  • Expects FQ3 revenue of $200M-$220M vs. a $205M consensus.
  • Shares +2.6% AH. (PR)
Comments (5)
  • berniespear
    , contributor
    Comments (232) | Send Message
    giddy up!
    29 Oct 2013, 04:05 PM Reply Like
  • Piero A.
    , contributor
    Comments (333) | Send Message
    Let's see if these results are given any respect after the disrespect shown to Apple today.
    29 Oct 2013, 04:26 PM Reply Like
  • berniespear
    , contributor
    Comments (232) | Send Message
    Yep. Other companies beat and provide better guidance and go way up AH. Not CRUS.
    29 Oct 2013, 05:37 PM Reply Like
  • Island_Dweller
    , contributor
    Comments (359) | Send Message
    Great AAPL derivative play this stock is. Rather than mortgaging a house to buy a few hundred shares of AAPL you can leverage the success of istuff on the cheap.
    29 Oct 2013, 09:04 PM Reply Like
  • Matija Snuderl
    , contributor
    Comments (173) | Send Message
    Hmm, funny, I expected different opening this morning. ~ -10%, seriously?
    30 Oct 2013, 09:44 AM Reply Like
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