Cirrus Logic (CRUS) Q2 Earnings and Revenues Top Estimates

Cirrus Logic (CRUS) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of$ 2.03 per share. This compares to earnings of $1.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.84%. A quarter ago, it was expected that this chipmaker would post earnings of$ 0.62 per share when it actually produced earnings of $1.12, delivering a surprise of 80.65%.Over the last four quarters, the company h ...