Cirrus Logic, Inc. (CRUS) Q3 2009 Earnings Results

Cirrus Logic Inc Beats on EPS, Stock Down 2.17%

Cirrus Logic's earnings report shows a significant positive surprise in EPS, indicating better-than-expected profitability. However, the stock decreased by 2.17%, likely due to the lack of revenue details and forward guidance. Investors may be concerned about the company's future performance amidst market challenges.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.07	N/A	+288.89%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed cautious optimism about future growth despite current market challenges. They emphasized the importance of innovation.

Management highlighted strong performance in specific product lines.

They noted ongoing challenges in the broader market.

Focus remains on innovation and cost management.

Cirrus Logic Inc Beats on EPS, Stock Down 2.17%

Key numbers

Management commentary

Cirrus Logic, Inc.

More earnings this week

Cirrus Logic Inc Beats on EPS, Stock Down 2.17%

Key numbers

Management commentary