Cirrus Logic Inc. (CRUS)

Cirrus Logic, Inc. (Nasdaq: CRUS), a leader in high-precision analog and digital signal processing components, said second quarter revenue was $55.7 million compared to $53.3 million during the second quarter of fiscal year 2009 and $37.5 million in the previous quarter. Gross margin for the quarter was 52 percent, down from 56 percent in the quarter a year ago and flat compared to 52 percent reported for the previous quarter.
Net income was 6,764,000 in the quarter vs. 6,339,000 in the year-prior period.

Oct 20 · 10:10:00 AM · Source: Business Wire
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter