Cypress Reports Third Quarter 2018 Results
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Cypress Semi (CY) PT Lowered to $16 at Susquehanna
October 26, 2018 7:49 AM EDTSusquehanna analyst Christopher Rolland lowered the price target on Cypress Semi (NASDAQ: CY) to $16.00 (from $18.00) while maintaining a Positive rating.
"Guidance reset lower as CY is impacted by slowing demand trends originating from Asia," Rolland notes. 'Stock is down more than most, likely bakes in most of the deterioration."
... MoreCypress Semiconductor (CY) Tops Q3 EPS by 2c, Offers Q4 Guidance
October 25, 2018 4:37 PM EDTCypress Semiconductor (NASDAQ: CY) reported Q3 EPS of $0.40, $0.02 better than the analyst estimate of $0.38. Revenue for the quarter came in at $673 million versus the consensus estimate of $669.24 million.
GUIDANCE:
Cypress Semiconductor sees Q4 2018 EPS of $0.31-$0.35, versus the consensus of $0.35.... More
