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Wednesday, 01/28/2015 4:42:36 PM

Wednesday, January 28, 2015 4:42:36 PM

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Cirrus Logic beats by $0.22, beats on revs; guides Q4 revs above consensus

4:04 PM ET 1/28/15 | Briefing.com

Reports Q3 (Dec) earnings of $0.97 per share, excluding non-recurring items, $0.22 better than the Capital IQ Consensus Estimate of $0.75; revenues rose 36.5% year/year to $298.6 mln vs the $274.07 mln consensus with non-GAAP gross margin of 46.2 percent.
Co issues upside guidance for Q4, sees Q4 revs of $220-240 mln vs. $197.55 mln Capital IQ Consensus Estimate; sees Q4 GAAP gross margin is expected to be between 45 percent and 47 percent

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