Cirrus Logic Announces Q3 Preliminary Revenue Results

AUSTIN, Texas–(BUSINESS WIRE)–Cirrus Logic, Inc. (Nasdaq: CRUS) today announced preliminary net revenue of approximately $347 million, based on unaudited financial results for the third quarter, which ended Dec. 26, 2015. “Our preliminary revenue results reflect weaker than anticipated demand for certain portable audio products. This weakness escalated over the last few weeks of December and is expected to continue to significantly impact our revenue in the March quarter,” said Jason Rhode, p
Source: BusinessWire-Primary

Cirrus Logic Announces Q3 Preliminary Revenue Results