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CRUSBullishEarningsnews
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Cirrus Logic (CRUS) Q4 Earnings & Revenues Top Estimates

May 8, 2024, 11:53 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- CRUS reported Q4 2024 EPS of $1.24, beating estimates by 85.1%. - Total revenues of $371.8 million, up 16.2% from estimates, but down 0.3% YoY. - Shares gained 11.9% post-announcement and rose 18.2% in the past year. - Forecast for Q1 2025 revenues between $290 million and $350 million. - Company has $526.5 million in cash and marketable securities. Price Impact Rating: bullish Impact Horizon Rating: short-term Type: Earnings

  • CRUS reported Q4 2024 EPS of $1.24, beating estimates by 85.1%.
  • Total revenues of $371.8 million, up 16.2% from estimates, but down 0.3% YoY.
  • Shares gained 11.9% post-announcement and rose 18.2% in the past year.
  • Forecast for Q1 2025 revenues between $290 million and $350 million.
  • Company has $526.5 million in cash and marketable securities.

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