AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Cirrus Logic Inc. (CRUS) on Monday reported net income of $102.1 million in its fiscal second quarter.
On a per-share basis, the Austin, Texas-based company said it had profit of $1.83. Earnings, adjusted for one-time gains and costs, came to $2.25 per share.
The chipmaker posted revenue of $541.9 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $520 million.
For the current quarter ending in December, Cirrus Logic said it expects revenue in the range of $480 million to $540 million.
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