Top 10 Managed Healthcare Companies To Watch In Right Now

Top 10 Managed Healthcare Companies To Watch In Right Now: Cirrus Logic Inc.(CRUS)

Cirrus Logic, Inc., a fabless semiconductor company, develops high-precision analog and mixed-signal integrated circuits (ICs) for audio and energy markets worldwide. The company offers analog and mixed-signal audio converter and audio digital signal processor (DSP) products, which include analog-to-digital converters (ADCs); digital-to-analog converters (DACs); chips for integrating ADCs and DACs into an IC; digital interface ICs; volume controls; and digital amplifiers, as well as audio DSPs for consumer electronics applications. Its audio products are used in various consumer applications, including portable media players, smartphones, tablets, AVRs, DVD and Blu-ray disc players, home theater systems, set-top boxes, MP3 players, gaming devices, sound cards, and digital televisions; professional applications comprising digital mixing consoles, multitrack digital recorders, and effects processors; automotive applications consisting of amplifiers, satellite radio systems, telematics, and multi-speaker car-audio systems; and networked digital audio applications. The company also provides high-precision analog and mixed-signal ICs for energy control, energy measurement, and energy exploration applications; and ICs, board-level modules, and hybrids under the Apex Precision Power brand name for high-power pulse width modulation (PWM) and power amplifier applications; and proprietary products, which include ADCs, DACs, linear amplifiers, PWM amplifiers, and amplifier ICs; and system reference designs. Its energy products are used in digital utility meters, power supplies, lighting ballasts, motor control, energy exploration, and high-power systems. The company sells its products primarily to through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas.

Advisors' Opinion:

• [By Evan Niu, CFA] !

  Last night, Cirrus Logic (NASDAQ: CRUS  ) released gloomy preliminary results with revenue last quarter expected to come in just under $207 million. More specifically, the audio chip specialist said it would record a $23.3 million inventory reserve charge. Of that total, $20.7 million is related to a "decreased forecast for a high volume product as the customer migrates to one of Cirrus Logic's newer components." That charge will crush gross margin this quarter by over 10%, and Cirrus expects gross margin to be 40.4%, well below its prior guidance of 50% to 52%.

• [By jaggom]

  Cirrus Logic (CRUS) recently released its results with a disappointment due to a shift in the pricing structure and the product mix. To the dissatisfaction of the investors, Cirrus revenue dropped 29%. The adoption of voice as a key interface for mobile devices is expected to improve Cirrus performance in the future as quoted by CEO Jason Rhode. Apple (AAPL), a major customer of Cirrus, continues to grow on account of new devices and penetration into new markets that makes Cirrus positive regarding its future despite weak results. Cirrus is also targeting the new market of wearable devices.

• [By Jake L'Ecuyer]

  Cirrus Logic (NASDAQ: CRUS) shares tumbled 8.48 percent to $17.15 after the company issued a downbeat Q4 revenue outlook.

  Yahoo! (NASDAQ: YHOO) was down, falling 8.40 percent to $35.00 after the company reported a decline in its Q4 revenue and online ad prices.

• [By Evan Niu, CFA]

  The Cirrus dip
  The first thing to remember is that shares were knocked down to those lows in part by audio codec supplier Cirrus Logic (NASDAQ: CRUS  ) . The company's preliminary figures rattled investors since Cirrus noted a "decreased forecast for a high volume product" that had Apple shareholders thinking the worst. While some caution regarding Apple was warranted, the magnitude of the sell-off was not.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-managed-healthcare-companies-to-watch-in-right-now.html