04:20 PM EST, 02/04/2025 (MT Newswires) -- Cirrus Logic ( CRUS ) reported fiscal Q3 non-GAAP earnings late Tuesday of $2.51 per diluted share, down from $2.89 a year earlier.

Analysts surveyed by FactSet expected $2.04.

Net sales for the quarter ended Dec. 28 were $555.7 million, down from $619 million a year earlier.

Analysts surveyed by FactSet expected $510.3 million.

The company said it expects fiscal Q4 revenue of $350 million to $410 million. Analysts surveyed by FactSet expect $360.6 million.

Shares of Cirrus Logic ( CRUS ) were advancing 12% in after-hours trading.