Cirrus Logic, Inc. (CRUS) Q3 2016 Earnings Results

Cirrus Logic Inc Beats on EPS, Stock Down 0.39%

Cirrus Logic's earnings report showed a positive surprise in EPS, indicating better-than-expected profitability. However, the stock reacted negatively, declining by 0.39%. This could suggest that investors were looking for more comprehensive revenue details or future guidance, which were not provided.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.82	N/A	+13.89%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed a positive outlook regarding product demand, emphasizing their commitment to innovation. However, they did not provide specific guidance for future quarters.

Management highlighted strong demand for audio products.

They noted ongoing investments in R&D to drive future growth.

Cirrus Logic Inc Beats on EPS, Stock Down 0.39%

Key numbers

Management commentary

Cirrus Logic, Inc.

More earnings this week

Cirrus Logic Inc Beats on EPS, Stock Down 0.39%

Key numbers

Management commentary