NasdaqGS:CRUSSemiconductor
Cirrus Logic (CRUS): Assessing Valuation Following Strong Earnings, Guidance, and Buyback Completion
Cirrus Logic (CRUS) just posted quarterly results showing sales and net income both up compared to last year, while providing revenue guidance for the next quarter and finishing a new phase of its buyback program.
See our latest analysis for Cirrus Logic.
Cirrus Logic’s upbeat quarterly report and continued buybacks have kept momentum on its side, with the share price returning 20% year-to-date and an 18.5% total shareholder return over the past year. Investors appear to be favoring the...