3 Things You Need to Know From Cypress Semiconductor’s Q3 2017 Report

3 Things You Need to Know From Cypress Semiconductor’s Q3 2017 Report

Cypress Semiconductor ( NASDAQ:CY ) reported third-quarter results recently, letting investors know that it took in record revenue of $604.6 million in the three-month period. Revenues have been hitting records all year, and Cypress managed to report $0.03 per share of profit in the quarter after three consecutive quarters with a loss on that metric. The stock is up 64% over the past year. If you’re a Cypress investor or considering buying shares, here are three things from the latest quarterly report that you need to know. 1. Connected devices are the new building blocks Over the last few […]