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Cirrus Logic Inc. (CRUS) Is Losing Ground After Q4 Profit Disappoints

Cirrus Logic Inc. (CRUS) reported fourth quarter EPS of $0.51 after the close Wednesday, which fell short of the consensus estimate of $0.60. The stock is now down 2.34 on 62K shares.

Cirrus Logic traded in a range for the majority of Wednesday's session and closed up by 0.45 at $38.34.

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