Cypress Semiconductor (CY) Tops Q4 EPS by 3c
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Cypress Reports Fourth Quarter and Year End 2017 Results
February 1, 2018 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 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