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Cirrus Logic beats estimates with higher Q3 revenue, earnings

2015-01-29 01:37:45| Semiconductors - Topix.net

Cirrus Logic Inc. on Wednesday reported fiscal third-quarter net income of $22.7 million, or 35 cents per share, on revenue of $298.6 million compared with a net income of $41.5 million, or 63 cents per share, on revenue of $218.8 million. Shares of the Austin-based company increased nearly 6 percent on Wednesday prior to the release of the earnings after markets closed and have gained nearly 17 percent this year.

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Category:Electronics and Electrical

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