Cirrus Logic, Inc. (CRUS) Q3 2019 Earnings Results

Cirrus Logic Beats on EPS, Stock Up 2.34%

Cirrus Logic's earnings report shows a positive surprise in EPS, indicating better-than-expected profitability. The stock rose by 2.34% in response, reflecting investor confidence in the company's performance and future prospects. However, the lack of revenue data and guidance leaves some uncertainty about overall growth.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.91	N/A	+11.02%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed confidence in their product pipeline and market position. They noted strong customer interest but did not provide specific revenue guidance.

Management highlighted strong demand for audio products.

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

Cirrus Logic Beats on EPS, Stock Up 2.34%

Key numbers

Management commentary

Cirrus Logic, Inc.

More earnings this week

Cirrus Logic Beats on EPS, Stock Up 2.34%

Key numbers

Management commentary