Cypress Reports Second Quarter 2018 Results

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Cypress Semi (CY) PT Raised to $21 at Susquehanna

July 27, 2018 9:01 AM EDT

Susquehanna raised its price target on Cypress Semi (NASDAQ: CY) to $21.00 (from $20.00) while maintaining a Positive rating.

Analyst Christoper Rolland commented, "After a short breather last quarter, growth accelerated again as the Cypress 3.0 turnaround marches ahead. While guidance may not... More

Cypress Semiconductor (CY) Tops Q2 EPS by 4c; Guides Q3 Revs Above Views

July 26, 2018 4:16 PM EDT

Cypress Semiconductor (NASDAQ: CY) reported Q2 EPS of $0.33, $0.04 better than the analyst estimate of $0.29. Revenue for the quarter came in at $624.1 million versus the consensus estimate of $618.53 million.

GUIDANCE:

Cypress Semiconductor sees Q3 2018 EPS of $0.36-$0.40, versus the consensus of... More