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CRUS - Cirrus Logic Beats Wall Street Again And More
Cirrus Logic Inc.
2024-05-12 11:47:28 ET
Summary
Cirrus Logic reported two quarters in a row significantly above Wall Street analyst estimates.
Cirrus guided revenue for the June quarter at $290-$350 million, with earnings expected to be $0.80 compared to $0.67 in the past year significantly above consensus estimate.
Cirrus' stock has been on a tear with these strong results.
Signficantly higher revenue growth is likely coming starting with September.