Cirrus Logic Stock Gains 10%+ After Hours on Fiscal Q4 Beat
$Cirrus Logic (CRUS.US)$ rose more than 10% in after-hours trading Tuesday after the semiconductor giant reported big fiscal Q4 earnings and revenue beats.
CRUS gained 10.8% to trade at $101.01 shortly before 5 p.m. ET after reporting $1.24 in earnings per share, reportedly crushing analysts' $0.64 consensus estimate.
Cirrus also recorded $371.8 million in quarterly revenues, handily beating analysts' reported $315.6 million consensus forecast.
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