WASHINGTON (dpa-AFX) - Cirrus Logic, Inc. (CRUS) announced, for the first quarter of fiscal 2017, the company expects revenue to range between $220 million and $250 million. Analysts polled by Thomson Reuters expect the company to report revenue of $257.97 million.
'FY16 was an outstanding year for Cirrus Logic as we delivered record revenue of $1.2 billion, up 28 percent from the prior year. Additionally, the company is positioned to exceed our long-term revenue growth model again in FY17,' said Jason Rhode, president and CEO.
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