Cirrus Logic Posts Upbeat Q3 Earnings, Joins Silicon Laboratories, Lear, Kennametal, CDW And Other Big Stocks Moving Higher On Wednesday - Amgen (NASDAQ:AMGN), Cabot (NYSE:CBT)

Core Viewpoint - U.S. stocks showed mixed performance, with the Dow Jones index increasing by over 250 points, while Cirrus Logic, Inc. experienced a significant rise in share price following strong quarterly financial results and optimistic sales guidance for the upcoming quarter [1]. Company Performance - Cirrus Logic reported quarterly earnings of $2.97 per share, surpassing the analyst consensus estimate of $2.44 per share [2]. - The company achieved quarterly sales of $580.620 million, exceeding the analyst consensus estimate of $533.890 million [2]. - Following the positive earnings report, Cirrus Logic shares increased by 7.6%, reaching a price of $134.10 [2].