Cirrus Logic (NASDAQ:CRUS) reported its Q4 earnings results on Tuesday, May 3, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Cirrus Logic beat estimated earnings by 43.57%, reporting an EPS of $2.01 versus an estimate of $1.4.
Revenue was up $196.44 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.4 which was followed by a 7.27% drop in the share price the next day.
Here's a look at Cirrus Logic's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.14 | 1.63 | 0.40 | 0.71 |
| EPS Actual | 2.54 | 1.82 | 0.54 | 0.66 |
| Revenue Estimate | 510.42M | 450.40M | 261.76M | 302.47M |
| Revenue Actual | 548.35M | 465.89M | 277.25M | 293.54M |
To track all earnings releases for Cirrus Logic visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
