Cirrus Logic Expects Slow Growth This Year

Cirrus Logic Expects Slow Growth This Year

Audio-chip developer Cirrus Logic (NASDAQ: CRUS) reported its fiscal second-quarter results after the market closed on Nov. 2. Revenue was down a hair year over year, while the company's dependence on Apple increased compared to the first quarter.

Cirrus sees a small revenue increase in the third quarter, and the company expects to produce modest revenue growth for the fiscal year. Here's what investors need to know about Cirrus' second-quarter report.

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Source: Fool.com