Cirrus Logic Ups Dec Qtr Guidance; Stock Rallies [Voices]

By Eric Savitz, Blogger and Columnist, Barron’s

Cirrus Logic (CRUS) late Monday said it now sees revenue for its fiscal third quarter ended December 26 of $65 million, above previous guidance of $58 million to $62 million. The company said the better-than-expected results reflected strong demand for a range of audio products, and modest improvement in demand for energy products.

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