Cirrus Logic: Q1 Earnings Insights

Cirrus Logic CRUS reported its Q1 earnings results on Tuesday, August 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Cirrus Logic beat estimated earnings by 34.94%, reporting an EPS of $1.12 versus an estimate of $0.83.

Revenue was up $116.39 million from the same period last year.

Last quarter the company beat on EPS by $0.61 which was followed by a 4.54% increase in the share price the next day.

Here's a look at Cirrus Logic's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.40	2.14	1.63	0.40
EPS Actual	2.01	2.54	1.82	0.54
Revenue Estimate	420.29M	510.42M	450.40M	261.76M
Revenue Actual	489.97M	548.35M	465.89M	277.25M

To track all earnings releases for Cirrus Logic visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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