Cirrus Logic Inc is a semiconductor company that specializes in the design and manufacture of high-precision analog and digital signal processing solutions
The company primarily serves the consumer electronics market, providing components that enhance audio performance in mobile devices, tablets, and personal computers. Their products include audio codecs, amplifiers, and mixed-signal processing chips, which are integral in delivering high-quality sound experiences for end-users. Cirrus Logic is also involved in developing innovative technologies to support voice recognition and other advanced audio applications, positioning itself as a key player in the evolving landscape of audio and voice technologies.
Known for his philosophy of investing in what you know, Peter Lynch looked for companies with consistent earnings growth, low debt, and a competitive edge. Does CIRRUS LOGIC INC (NASDAQ:CRUS) meet these key criteria? Let’s find out.
Cirrus Logic reported Q3 revenue of $555.7 million, surpassing analyst expectations of $510 million. Non-GAAP EPS was $2.51, compared to the projected $2.04.
