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Cirrus Logic Inc. Message Board

  • jdcaetano jdcaetano Apr 16, 2013 6:55 PM Flag

    They just warned about margins dropping and revenue coming in low

    This is heading further south on the inventory and margin issues just reported a few minutes ago

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    • Well we just got screwed. I guess the smart money knew all along we were going to miss analyst's estimates and guidance would be low. I guess the new tier one customer isn't helping much with increasing our revenue. Apple will probably miss bad. Probably could short it and make money. What is with releasing this a week ahead of time with no warning. Lawyers should come out know for lawsuits. Apple must really be going down in sales for this to happen. We were within company's guidance but on low end and guidance is awful. I guess we could go down to 15 - 16 level from here.

    • Next quarter revenue estimates of 150 - 170 million is Far Below the 180-220 million estimates !!!!!!

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