Seeking Alpha

Cypress Semi (CY -3.7%) is adding to the 8% drop it saw yesterday following its Q3 report:...

Cypress Semi (CY -3.7%) is adding to the 8% drop it saw yesterday following its Q3 report: though results weren't bad, the chipmaker guided on its earnings call for Q4 revenue of $186M-$192M and EPS of $0.12-$0.15 (after accounting for the Ramtron acquisition), below a consensus of $198M and $0.17. Cypress also mentioned its book-to-bill was a mere 0.81. Nomura is staying positive, touting Cypress' operating leverage, dividend, and buybacks. Rivals are also lower: ATML -3.1%. IDTI -3.5%.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs