Cirrus Logic (CRUS) introduces a range of modern digital-to-analog converters and an ultra-high-performance audio CODEC, suitable for recording artists, live performers and audiophiles.
Fabless semiconductor company Cirrus Logic, Inc. (CRUS) develops mixed-signal processing solutions, but its stock performance is anything but mixed – it's thriving – especially over time.
Cirrus Logic confirms ASP increases with new iPhones in September and expects continued ASP growth over the next few years. Revenue for June is expected to range between $290 million and $350 million, with a non-GAAP tax rate of 23%, but our upgraded estimate is over $360 million. CRUS stock predicts significant revenue growth from camera controls, codec/amplifiers, PCs, and power management in the future.
Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?
Cirrus Logic's (CRUS) performance benefits from the rapid adoption of its product portfolio.
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