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Wednesday, April 25, 2012

Earning Alert -Cirrus Logic (CRUS): FQ4 EPS of $0.36 beats by $0.02. Revenue of $110.6M (+17% Y/Y) beats by $0.5M- 4/25/12

Cirrus Logic (CRUS): FQ4 EPS of $0.36 beats by $0.02. Revenue of $110.6M (+17% Y/Y) beats by $0.5M. Company expects FQ1 revenue of $96M-$106M, below consensus of $106.6M. Says revenue will be "sharply higher" in FQ2

Citrix Systems' Q1: The company expects Q2 revenue of $605M-$615M and EPS of $0.58-$0.59 vs. a consensus of $603.4M and $0.63; sales investments are pressuring near-term EPS. Guidance for 2012 revenue of $2.53B-$2.56B and EPS of $2.75-$2.79 is above a consensus of $2.51B and $2.74. Deferred revenue reached $983M, +2% Q/Q and +25% Y/Y. Asia-Pac sales +40% Y/Y. CTXS +6.6% AH

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