Cypress Semiconductor Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for Cypress Semiconductor (CY):

-Earnings: $27.71 million in Q2 vs. -$16.92 million in the same period last year.
-EPS: $0.07 in Q2 vs. -$0.05 in the same period last year.
-Excluding items, Cypress Semiconductor reported adjusted earnings of $124.96 million or $0.33 per share for the period.
-Analysts projected $0.29 per share
-Revenue: $624.09 million in Q2 vs. $593.78 million in the same period last year.

by RTTNews Staff Writer

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