Cypress Semiconductor (CY) Tops Q3 EPS by 4c

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Cypress Reports Third Quarter 2017 Results

October 26, 2017 4:05 PM EDT

Record revenue of $604.6 million; IoT wireless connectivity grew 80% year over year GAAP and non-GAAP margin were 41.8% and 43.0%, respectively GAAP and non-GAAP diluted EPS increased 143% and 29% sequentially, respectively Cash from operations of $143.8 million increased 37% year over year

SAN JOSE, Calif.--(BUSINESS WIRE)-- Cypress Semiconductor Corporation (NASDAQ: CY) today announced its third quarter 2017 results.

We continue to strengthen our position as the Internet of Things (IoT) leader with our state-of-the-art IoT connectivity solutions, flexible microcontrollers and... More