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AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its second quarter fiscal year 2025 financial results and business outlook on the Investor Relations area of its website on Monday, November 4, at approximately 4 p.m. EST. Cirrus Logic will host a live Q&A webcast session at 5 p.m. EST that same day to answer questions related to its financial results and business outlook. A replay of the Q&A session will be available on the web.
Cirrus Logic (CRUS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
CRUS??? performance benefits from the increasing demand for its solutions. However, a weak macro backdrop, volatile FX and higher costs are concerns.
Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?
Future earnings growth for FS-2025 remain on track at $8 per share. Cirrus Logic reported strong revenue and earnings for Q1 fiscal 2025, with revenue gains meeting targets. Unlike Cirrus, Qorvo and Skyworks reported meager revenue outlooks for September 2024 quarter supporting that Cirrus' gain was from ASP growth.
Cirrus Logic's (CRUS) performance benefits from the increasing adoption of its existing portfolio and new product launches.
Review Cirrus Logic's (CRUS) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Semiconductor stocks finished the last big week of Q2 earnings season with a mixed bag of winners and losers. Cirrus Logic was among the winners.
Cirrus Logic's (CRUS) fiscal first-quarter performance benefits from robust sales of Audio and High-performance mixed-signal products.
Semiconductor providers like TSM, PI, CRUS and MU are riding on strong year-over-year sales growth, driven by strong demand for semiconductor components.