CRUS Q2 FY2027 earnings: EPS beat by 11.6%, revenue beat by 3.5%
Cirrus Logic reported Q2 FY2027. EPS came in at $2.70 against a $2.42 consensus, beat by 11.6%. Revenue was $559.5M versus $540.4M expected, beat by 3.5%. Gross margin was 53.7%, up 110 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.70 | $2.42 | beat by 11.6% |
| Revenue | $559.5M | $540.4M | beat by 3.5% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $559.5M | +21.7% | -0.3% |
| Gross profit | $300.6M | +24.3% | +2.1% |
| Operating income | $132.4M | +56.8% | -8.6% |
| Net income | $114.7M | +49.3% | -12.8% |
| Diluted EPS | $2.23 | +51.7% | -10.1% |
| Gross margin: 53.7%. |
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The trend
Revenue is down 0.3% from the same quarter last year. Gross margin sits at 53.7%, a new high for the period charted.
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How it stacks up
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