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Cypress Semi (CY) Shares Plunge Following Worse-Than-Expected Q1 Outlook on Call

January 26, 2012 11:51 AM EST
On the company's Q4 conference call, Cypress Semi (NYSE: CY) CFO said the company is looking for Q1 adj-EPS of 15-18 cents, which compares to the Street estimate of 24 cents.

Shares are tumbling on the guidance, now down 2.25 percent to $18.72.


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Conference Calls, Guidance