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Cirrus Logic posts lower Q2 profits, higher revenue

2014-10-30 22:07:12| Electronics - Topix.net

The Austin-based company posted a quarterly profit of $852 million, or 1 cent per share, on revenue of $210.2 million compared with a profit of $1 billion, or 16 cents per share, on revenue of $152.5 million during the same period last year. On a non-GAAP basis, Cirrus Logic reported earnings of 68 cents per share versus analysts' estimates of 54 cents per share.

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