Cirrus Logic, Inc. (CRUS) Q2 2011 Earnings Results

Cirrus Logic Beats on EPS, Stock Down 15.68%

Cirrus Logic's earnings report showed a positive surprise on EPS, but the stock fell significantly by 15.68% following the announcement. This decline may reflect investor concerns over the lack of revenue data and future guidance. The management's cautious tone suggests that they are facing challenges that could impact growth moving forward.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.40	N/A	+0.76%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Overall, management expressed caution regarding future performance. They highlighted ongoing market challenges but did not provide specific forecasts.

Management did not provide specific guidance for future quarters.

The company acknowledged challenges in the current market environment.

Cirrus Logic Beats on EPS, Stock Down 15.68%

Key numbers

Management commentary

Cirrus Logic, Inc.

More earnings this week

Cirrus Logic Beats on EPS, Stock Down 15.68%

Key numbers

Management commentary