Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- CRUS reported quarterly earnings of $1.24 per share, beating estimates by 85.07%. - Revenue for the quarter ended March 2024 was $371.83 million, surpassing estimates by 16.15%. - Estimate revisions for CRUS are currently mixed, with a Zacks Rank #3 (Hold). - Industry outlook for Electronics - Semiconductors is in the bottom 38% of Zacks industries. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- CRUS reported quarterly earnings of $1.24 per share, beating estimates by 85.07%.
- Revenue for the quarter ended March 2024 was $371.83 million, surpassing estimates by 16.15%.
- Estimate revisions for CRUS are currently mixed, with a Zacks Rank #3 (Hold).
- Industry outlook for Electronics - Semiconductors is in the bottom 38% of Zacks industries.
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