Cypress Semiconductor (CY) Tops Q4 EPS by 2c, Offers Q1 Guidance
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Cypress Reports Fourth Quarter and Year End 2018 Results
January 31, 2019 4:05 PM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Cypress Semiconductor Corporation (NASDAQ: CY), a leader in embedded solutions, today announced its fourth quarter and fiscal year 2018 results with the following highlights:
Record fiscal year revenue of $2.48 billion representing 6.7% year-over-year growth Automotive fiscal year revenue grew 13% year-over-year Fourth quarter revenue was $604.5 million and GAAP and non-GAAP gross margins were 37.3% and 47.8%, respectively Fourth quarter GAAP and non-GAAP diluted EPS were 72 cents and 35 cents, respectively Fiscal year 2018 cash from... More