Cirrus Logic Outperforms on Revenue, EPS
Cirrus Logic (NASDAQ:CRUS), a leading provider of low-power, high-precision mixed-signal processing solutions, recently announced its earnings for the third quarter of fiscal year 2025 on February 4, 2025.
The company reported revenue of $555.7 million, which was higher than both the $510 million analyst consensus and the $540 million high end of its management expectations. Meanwhile, its Non-GAAP earnings per share (EPS) was $2.51, exceeding expectations of $2.04.
Despite lower year-over-year comparisons, Cirrus Logic demonstrated strong quarterly performance, with its gross margin reaching 53.6%, reflecting significant operational efficiency.
Source Fool.com