Cirrus Logic, Inc. (CRUS) Q2 2019 Earnings Results

Cirrus Logic Inc Beats on EPS, Stock Up 7.51%

The strong EPS performance indicates that Cirrus Logic is effectively managing its costs and generating profits, which pleased investors and led to a 7.51% increase in stock price. However, the absence of revenue guidance may raise concerns about future growth and market conditions. Investors will be watching closely to see how the company navigates the upcoming quarters without specific revenue targets.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.08	N/A	+43.95%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management conveyed a positive outlook on the company's ability to manage costs and drive profitability. However, they did not provide specific revenue guidance for the upcoming quarters.

Management expressed satisfaction with the EPS performance despite the lack of revenue guidance.

They highlighted ongoing efforts to innovate and adapt to market demands.

Cirrus Logic Inc Beats on EPS, Stock Up 7.51%

Key numbers

Management commentary

Cirrus Logic, Inc.

More earnings this week

Cirrus Logic Inc Beats on EPS, Stock Up 7.51%

Key numbers

Management commentary