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These Analysts Boost Their Forecasts On Cirrus Logic Following Upbeat Earnings - Cirrus Logic (NASDAQ:CRUS)

Cirrus Logic, Inc. (NASDAQ:CRUS) reported better-than-expected earnings for the second quarter on Tuesday.The company posted quarterly earnings of 2.83persharewhichbeattheanalystconsensusestimateof2.83 per share which beat the analyst consensus estimate of 2.37 per share. The company reported quarterly sales of 560.960millionwhichbeattheanalystconsensusestimateof560.960 million which beat the analyst consensus estimate of 540.385 million.Cirrus Logic said it sees third-quarter sales of 500.000millionto500.000 million to 560.000 million, versus estimates of $508.763 million.“Cirrus Logic delivered record revenue for t ...