Cirrus Logic (CRUS) Q2 Earnings and Revenues Surpass Estimates

Cirrus Logic (CRUS) came out with quarterly earnings of $2.83 per share, beating the Zacks Consensus Estimate of$ 2.4 per share. This compares to earnings of $2.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +17.92%. A quarter ago, it was expected that this chipmaker would post earnings of$ 1.07 per share when it actually produced earnings of $1.51, delivering a surprise of +41.12%.Over the last four quarters, the company ...