- Cirrus Logic press release ( NASDAQ: CRUS ): Q2 Non-GAAP EPS of $1.99 beats by $0.55 .
- Revenue of $540.57M (+16.0% Y/Y) beats by $74.25M .
- Q3 Outlook : Revenue is expected to range between $520 million and $580 million vs. consensus of $537.9M; GAAP gross margin is forecasted to be between 49 percent and 51 percent; Combined GAAP R&D and SG&A expenses are anticipated to range between $153 million and $159 million, including approximately $21 million in stock-based compensation expense, $9 million in amortization of acquired intangibles, and $3 million in acquisition-related costs.
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Cirrus Logic Non-GAAP EPS of $1.99 beats by $0.55, revenue of $540.57M beats by $74.25M