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Cirrus Logic Inc (CRUS.OQ)

CRUS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Cirrus Logic reports Q2 non-GAAP EPS of $1.36
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Cirrus Logic Inc ::Cirrus Logic reports Q2 FY18 revenue of $425.5 million.Q2 non-GAAP earnings per share $1.36.Q2 GAAP earnings per share $1.10.Q2 revenue $425.5 million versus I/B/E/S view $410.3 million.Q2 earnings per share view $1.21 -- Thomson Reuters I/B/E/S.For Q3 FY18 revenue is expected to range between $510 million and $550 million​.For Q3 FY18 GAAP gross margin is expected to be between 48 percent and 50 percent​.  Full Article

Cirrus Logic Q1 non-gaap earnings per share $0.44
Thursday, 28 Jul 2016 

Cirrus Logic Inc : Cirrus Logic Inc sees Q2 FY17 gaap gross margin is expected to be between 47 percent and 49 percent . Q2 revenue view $322.6 million -- Thomson Reuters I/B/E/S . Cirrus Logic reports Q1 revenue of $259.4 million . Q1 non-gaap earnings per share $0.44 . Q1 gaap earnings per share $0.24 . Q1 revenue $259.4 million versus I/B/E/S view $236.4 million . Sees Q2 2017 revenue $380 million to $410 million . Q1 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Says Q2 gaap gross margin of 48.8 percent and q2 non-gaap gross margin of 48.9 percent .Cirrus Logic Inc says Q2 combined GAAP research and development and SG&A expenses are expected to range between $110 million and $114 million.  Full Article

Cirrus Logic entered into amended credit agreement on July 12
Saturday, 16 Jul 2016 

Cirrus Logic Inc : On July 12, entered into an amended and restated credit agreement . Amended credit agreement provides for a $300 million senior secured revolving credit facility - SEC filing . Cirrus logic inc says credit facility matures on July 12, 2021 .Credit facility was used to refinance in full Cirrus Logic's existing credit agreement dated august 29, 2014, as amended on June 23, 2015.  Full Article

Apple supplier Cirrus plunges after disappointing results

Cirrus Logic Inc , whose audio chips are used in Apple's iPhones, reported quarterly revenue and profit below estimates due to weakness in smartphone sales, sending its shares down 11 percent in extended trading.