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Cirrus Logic shares skyrocket after strong Q2 earnings

2015-07-24 17:07:17| Semiconductors - Topix.net

Shares of Cirrus Logic Inc. sharply increased Thursday following the company's first-quarter earnings that included a more than 85 percent rise in revenue. Cirrus Logic shares surged more than $5 and reached $37.25 - a 20 percent increase - during the day before settling at $35.72 at the end of trading in a late-day selloff to close up 16 percent.

Tags: strong shares logic earnings

Cirrus Surges On Earnings, Other Chips Await Results

2015-07-24 01:20:54| Semiconductors - Topix.net

Hurt by disappointing iPhone sales numbers Wednesday, shares came back with a vengeance Thursday in response to Cirrus' earnings report. The stock gapped up to as much as a 22% gain and retook its 50-day moving average.

Tags: results earnings chips await

Apple, Microsoft Pull Nasdaq Lower; Cirrus Up Late

2015-07-23 00:46:12| Semiconductors - Topix.net

The Nasdaq fared worst with a 0.7% loss, hurt by earnings weakness in tech giants Small caps shined in the stock market today as the Russell 2000 added 0.3%. Volume was higher across the board, according to preliminary data.

Tags: lower late microsoft apple

How Cirrus Logic Can Win From A Strong Apple iPhone 6S

2015-07-11 14:57:33| Semiconductors - Topix.net

In a report published Friday, Piper Jaffray analyst Ruben Roy maintained an Overweight rating on Cirrus Logic, Inc. , with a price target of $44. Cirrus Logic's shares have received dipped 6 percent, versus a 4 percent decline in the SOX.

Tags: strong win apple logic