Last $10.93 USD
Change Today 0.00 / 0.00%
Volume 2.4M
CY On Other Exchanges
Symbol
Exchange
Frankfurt
As of 5:20 PM 07/22/14 All times are local (Market data is delayed by at least 15 minutes).

cypress semiconductor corp (CY) Snapshot

Open
$10.96
Previous Close
$10.93
Day High
$11.02
Day Low
$10.86
52 Week High
08/1/13 - $12.59
52 Week Low
10/17/13 - $8.35
Market Cap
1.7B
Average Volume 10 Days
3.0M
EPS TTM
$0.0017
Shares Outstanding
157.7M
EX-Date
06/24/14
P/E TM
6,354.7x
Dividend
$0.44
Dividend Yield
4.03%
Current Stock Chart for CYPRESS SEMICONDUCTOR CORP (CY)

cypress semiconductor corp (CY) Related Businessweek News

No Related Businessweek News Found

cypress semiconductor corp (CY) Details

Cypress Semiconductor Corporation provides mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile SRAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems, as well as offers general-purpose programmable clocks. Its Data Communications division focuses on universal serial bus (USB) controllers, WirelessUSB peripheral controllers, and module based solutions for trackpads and other user interface applications used in PC and peripheral, industrial automation imaging, security camera, and in consumer devices, such as mobile handsets and set-top boxes. The company’s Programmable Solutions division designs and develops programmable product offerings, including Programmable System-on-Chip (PSoC) devices, as well as CapSense and TrueTouch touch-sensing/touch screen products; and automotive products. This segment’s PSoC products are used in various industrial applications, mass storage, household appliances, laptop computers, and toys; TrueTouch touch screen products are used in mobile phones, tablets, e-readers, GPS, automobiles, digital cameras, and other mobile systems; and CapSense devices are used in various applications that employ buttons or sliders, including handsets and various other consumer, industrial, and automotive applications. Its Emerging Technology division provides foundry services, as well as other development stage activities. The company sells its semiconductor products through distributors, manufacturing representative firms, and its sales force to direct original equipment manufacturers and their manufacturers worldwide. It has strategic partnership with IDEX ASA. Cypress Semiconductor Corporation founded in 1982 and is headquartered in San Jose, California.

3,400 Employees
Last Reported Date: 02/27/14
Founded in 1982

cypress semiconductor corp (CY) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: $600.0K
Chief Executive Officer of Deca Technologies
Total Annual Compensation: $394.7K
Executive Vice President of Memory Products D...
Total Annual Compensation: $280.0K
Executive Vice President of Data Communicatio...
Total Annual Compensation: $270.6K
Executive Vice President of Marketing and IT
Total Annual Compensation: $329.1K
Compensation as of Fiscal Year 2013.

cypress semiconductor corp (CY) Key Developments

Cypress Semiconductor Provides Earnings Guidance for the Third Quarter of 2014

Cypress Semiconductor provided earnings guidance for the third quarter of 2014. For the quarter, the company expects revenue to grow sequentially 1% to 4% in the range of $185 million to $191 million, consistent with the 2014 revenue plan outlined in the annual report. The company expects 6.5% effective tax rate. On the CapEx side, company is expecting $7 million with depreciation in the $10 million range. Non-GAAP earnings per share, the range will be $0.15 to $0.17 for the quarter.

Cypress Semiconductor Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 29, 2014

Cypress Semiconductor Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 29, 2014. For the quarter, the company reported revenues of $183,601,000 compared to $193,466,000 a year ago. Operating income was $10,584,000 compared to operating loss of $8,132,000 a year ago. Income before income taxes was $9,456,000 compared to loss before income taxes of $6,013,000 a year ago. Net income attributable to the company was $9,527,000 or $0.06 per basic and diluted share compared to $3,766,000 or $0.02 per diluted share a year ago. Non-GAAP operating income was $28,945,000 compared to $23,504,000 a year ago. Non-GAAP net income attributable to the company was $26,723,000 or $0.16 per diluted share compared to $21,635,000 or $0.14 per diluted share a year ago. Net cash provided by operating activities was $45,307,000 compared to $30,355,000 a year ago. Capital expenditures were $5,767,000 compared to $7,771,000 a year ago. Free cash flow was $39.5 million. Second-quarter revenue increased 8% sequentially, and gross margin increased to 54%, due to a favorable product and end-customer mix. For the six months period, net cash provided by operating activities was $70,498,000 compared to $38,620,000 a year ago. Capital expenditures were $11,326,000 compared to $17,069,000 a year ago.

Cypress Semiconductor Corp. Licenses 55-Nanometer Embedded Flash IP to United Microelectronics Corporation

Cypress Semiconductor Corp. and United Microelectronics Corporation announced that UMC licensed Cypress's SONOS (Silicon Oxide Nitride Oxide Silicon) embedded Flash memory intellectual property for the 55-nanometer process technology node. Cypress SONOS delivers an easy-to-integrate nonvolatile memory cell with unmatched scalability for future development. The primary applications include wearables, Internet of Things applications, microcontrollers and logic-dominated products. Cypress's 55-nm SONOS embedded nonvolatile memory process provides significant advantages over other embedded NVM offerings. SONOS requires fewer additional mask layers to insert it into a standard CMOS process, specifically, three to four additional masks compared with the eleven to twelve additional masks generally needed for other embedded Flash technologies. SONOS does not alter standard device characteristics or models when added to baseline CMOS process, preserving existing design IP. SONOS delivers intrinsically high yields and reliability, 10 years of data retention, 100,000 program/erase endurance cycles, and robust resistance to soft errors. UMC qualified Cypress's S65(TM) 65-nm SONOS process technology back in 2013. Cypress and UMC have demonstrated the ability to scale SONOS to smaller nodes, expediting future IP development.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CY:US $10.93 USD 0.00

CY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cirrus Logic Inc $24.65 USD -0.18
Intersil Corp $14.78 USD +0.21
Realtek Semiconductor Corp 94.20 TWD +0.90
Semtech Corp $24.13 USD -0.69
Silicon Laboratories Inc $47.83 USD +0.21
View Industry Companies
 

Industry Analysis

CY

Industry Average

Valuation CY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.4x
Price/Book 9.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CYPRESS SEMICONDUCTOR CORP, please visit www.cypress.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.