WASHINGTON (dpa-AFX) - Cirrus Logic Inc. (CRUS) announced earnings for second quarter that Drops, from last year
The company's bottom line came in at $114.739 million, or $2.23 per share. This compares with $131.596 million, or $2.48 per share, last year.
Excluding items, Cirrus Logic Inc. reported adjusted earnings of $139.176 million or $2.70 per share for the period.
The company's revenue for the period fell 0.3% to $559.462 million from $560.960 million last year.
Cirrus Logic Inc. earnings at a glance (GAAP) :
-Earnings: $114.739 Mln. vs. $131.596 Mln. last year. -EPS: $2.23 vs. $2.48 last year. -Revenue: $559.462 Mln vs. $560.960 Mln last year.
-Guidance: Next quarter revenue guidance: $ 510 M To $ 570 M
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