Cypress Semiconductor Q4 Adj. EPS Matches View - Quick Facts

(RTTNews) - Cypress Semiconductor Corp. (CY) posted fourth-quarter net income attributable to the company of $3.5 million or $0.02 per share, versus last year's loss of $14.2 million or $0.09 per share.

On an adjusted basis, net income for the latest fourth quarter was $22.1 million or $0.13 per share, up from $15.0 million or $0.09 per share in the comparable quarter last year. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.13 for the quarter. Analysts' estimates typically exclude special items.

For the quarter, revenues totaled $184.10 million, compared with $167.78 million a year ago, while 13 analysts estimated revenue of $182.66 million.