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CRUS Q2 Earnings & Sales Top, Diversification Strategy Gains Momentum

Key Takeaways Cirrus Logic posted Q2 EPS of 2.83,beatingestimatesandrisingfrom2.83, beating estimates and rising from 2.25 a year earlier.Revenues climbed 38% sequentially to 561M,drivenbyhighersmartphoneshipmentsandnewproducts.CRUSisdiversifyingbeyondsmartphoneswithdesignwinsinPCsandgrowthinemergingendmarkets.CirrusLogicInc.((CRUS)reportedsecondquarterfiscal2026adjusted earnings pershare(EPS)of561M, driven by higher smartphone shipments and new products.CRUS is diversifying beyond smartphones with design wins in PCs and growth in emerging end markets.Cirrus Logic Inc. ((CRUS) reported second-quarter fiscal 2026 adjusted earnings per share (EPS) of 2.83, which surpassed the Zacks Consensus Estimate of 2.10.ThecompanyreportedadjustedEPSof2.10. The company reported adjusted EPS of 2.25 in t ...