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Cirrus Should Be Fine

August 23rd, 2017 · No Comments

  • Cirrus sold off after guiding fiscal Q2 a little soft, despite beating Q1 numbers.
  • We think not too much should be made of the soft quarterly guidance, given the variety in quarterly figures.
  • The company has some good longer-term opportunities and we see Apple more as a strength, rather than a risk.

Source: Cirrus Should Be Fine – Cirrus Logic, Inc. (NASDAQ:CRUS) | Seeking Alpha

Tags: CRUS