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Cypress offers in-line Q3 guidance; shares now +7.2%

Jul. 23, 2015 12:04 PM ETCypress Semiconductor Corporation (CY) StockCYBy: Eric Jhonsa, SA News Editor
  • Cypress Semi (NASDAQ:CY) has guided on its Q2 earnings call for Q3 revenue of $490M-$520M and EPS of $0.15-$0.19, in-line with a consensus of $505M and $0.17. Given the soft outlooks provided by chipmakers serving many of the same end-markets - see Linear, Fairchild, and TI - that's going over well.
  • Q2 results, details

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Cypress Semiconductor Corporation