Cirrus Logic Inc. (CRUS) reported first quarter adjusted EPS of $0.54 after the bell Wednesday, compared to $0.37 last year. Analysts expected EPS of $0.43. The stock is now up 3.78 on 331K shares.
Cirrus Logic gapped open sharply lower Wednesday, but recovered some ground in the afternoon. The stock closed down by 1.60 at $30.71, with volume at nearly a 3-month high. Cirrus Logic fell to a week and a half low.
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