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Cirrus Logic reported record revenue and earnings per share driven by strong demand for smartphone products. The company also secured new design wins in the laptop market and began shipping its first power product.
Revenue reached $541.9 million.
GAAP gross margin was 52.2 percent.
GAAP earnings per share was $1.83.
Non-GAAP earnings per share was $2.25.
Revenue is expected to range between $480 million and $540 million for Q3 FY25.
Visualization of income flow from segment revenue to net income
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