Cirrus Logic Sees Q2 Revenue $490M-$550M Vs $318.707M Est.
Portfolio Pulse from Benzinga Newsdesk
Cirrus Logic has projected its Q2 revenue to be between $490 million and $550 million, significantly higher than the estimated $318.707 million.
August 06, 2024 | 8:10 pm
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Cirrus Logic has projected its Q2 revenue to be between $490 million and $550 million, significantly higher than the estimated $318.707 million.
The significant increase in projected Q2 revenue compared to estimates suggests strong business performance, likely leading to a positive short-term impact on Cirrus Logic's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100