Cirrus Logic (NASDAQ:CRUS) reported its Q3 earnings results on Tuesday, February 6, 2024 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Cirrus Logic beat estimated earnings by 43.78%, reporting an EPS of $2.89 versus an estimate of $2.01.
Revenue was up $28.40 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26 which was followed by a 0.27% increase in the share price the next day.
Here’s a look at Cirrus Logic’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.54 | 0.41 | 0.84 | 1.99 |
| EPS Actual | 1.80 | 0.67 | 0.92 | 2.40 |
| Revenue Estimate | 457.59M | 290.58M | 367.69M | 544.60M |
| Revenue Actual | 481.06M | 317.02M | 372.82M | 590.58M |
To track all earnings releases for Cirrus Logic visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
