Cypress Semiconductor (CY) Tops Q4 EPS by 3c

Go back to Cypress Semiconductor (CY) Tops Q4 EPS by 3c

Cypress Reports Fourth Quarter and Year End 2017 Results

February 1, 2018 4:05 PM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- Cypress Semiconductor Corporation (NASDAQ: CY), a leader in embedded solutions, today announced its fourth quarter and fiscal 2017 results with the following highlights:

Record fiscal 2017 revenue of $2.33 billion driven by automotive and IoT wireless business performance Fourth quarter revenue was $597.5 million, a 12.7% year-over-year increase Fourth quarter GAAP and non-GAAP margin were 44.6% and 45.4%, respectively, and represent a 650bps and 530bps increase year over year Fourth quarter GAAP EPS and non-GAAP diluted EPS improved by 55% and 87%... More