Cirrus Logic's Revenue Growth Right On Target
TGTTarget(TGT) Seeking Alpha·2024-08-16 04:42
PM Images Cirrus Logic (NASDAQ:CRUS) reported stellar revenue and earnings for its 1st fiscal 2025 quarter while guiding right in line with our exceptions with a caveat discussed later. The size and timing for the revenue gains hit our targets of at least flat year over year iPhone unit sales plus $1.5 ASP growth going forward. Our last article, Updating Cirrus Logic Revenue And Price Expectations For 2024 And Beyond, summarized future revenue estimates for Cirrus. Cirrus reported measurements which exc ...