Cirrus Logic, Inc. (CRUS) Q1 2011 Earnings Results

Cirrus Logic Beats on EPS, Stock Up 3.77%

Cirrus Logic's earnings report shows a positive EPS surprise, which likely contributed to the stock's 3.77% increase. The lack of revenue data may raise some concerns among investors, but management's focus on long-term growth suggests confidence in future performance. Overall, the market reacted positively to the earnings beat.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.29	N/A	+10.27%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management highlighted the positive EPS surprise as a sign of operational efficiency. However, they did not provide specific guidance for future quarters.

Management expressed satisfaction with the EPS performance despite not providing revenue figures.

The company remains focused on long-term growth strategies.

Cirrus Logic Beats on EPS, Stock Up 3.77%

Key numbers

Management commentary

Cirrus Logic, Inc.

More earnings this week

Cirrus Logic Beats on EPS, Stock Up 3.77%

Key numbers

Management commentary