Temporary Stagnation At Cirrus Logic

  • Revenue decline is pretty ugly due to saturation in the smartphone market, but management promises growth returns in 2020.
  • The company has to make increased inroads in the Android space to make up for the stagnation; it is succeeding, but not fast enough.
  • Longer term, things look better with a couple of new products and a revival of the market, especially when 5G arrives.

Source: Temporary Stagnation At Cirrus Logic – Cirrus Logic, Inc. (NASDAQ:CRUS) | Seeking Alpha