NASDAQ: CRUS

Stock Quote: NASD

Last Price: 47.18

Change: +0.35 (+0.75%)

Open: 46.61

Previous Close: 46.83

Apr 18, 2019 04:00 PM Pricing delayed 20 minutes

Quarterly Results

Q3 FY19 Results

  • Cirrus Logic delivered Q3 FY19 revenue of $324.3 million, in-line with our revised expectations. Revenue for the quarter was lower than originally anticipated largely due to a reduction in sales of portable audio products shipping in smartphones. GAAP and non-GAAP earnings per share were $0.49 and $0.91, respectively.
  • While uncertainties surrounding the macroeconomic environment and smartphone unit sales continue to impact the industry, Cirrus Logic has a strong balance sheet and a sizeable cash position. This positions the company to remain focused on long-term growth and invest in strategic initiatives that we believe are essential for our future success.

Quarterly Results Archive

Quarter Documents

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