Cirrus Logic Sets Fiscal Q3 2027 Revenue Range at $510 Million to $570 Million
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Cirrus Logic, Inc. (NASDAQ: CRUS) expects revenue of $510 million to $570 million in fiscal third-quarter 2027 after September-quarter sales rose 22% sequentially. The company has also completed its acquisition of INVENTVM, expanding its mixed-signal expertise for opportunities in areas including AI gadgets and wearables. Revenue for the September quarter was $559.5 million. GAAP earnings were $2.23 per share, while non-GAAP earnings were $2.70 per share. Chief Executive John Forsyth described the results as solid, with earnings on both measures accompanying the sequential revenue increase. Cirrus Logic management attributed the quarter’s growth to higher smartphone volumes and content.
Source: TokenPost
