3 Key Takeaways from Cirrus Logic's Earnings Report
Audio chip developer Cirrus Logic (NASDAQ: CRUS) delivered a relatively low-drama earnings report on Aug. 2, with results coming in largely as expected. While the company managed to grow revenue by double digits, it also confirmed its tepid forecast for the remainder of the year and didn't provide much clarity about how the anticipated launch of the new iPhone later this year will impact future quarters.
Source: Fool.com