Cypress Semiconductor Corp. (CY) posted third-quarter net income attributable to the company of $12.84 million or $0.08 per share, versus last year's loss of $8.36 million or $0.06 per share. On an adjusted basis, the firm earned $0.16 per share of earnings during the latest quarter. On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.16 for the quarter. Analysts' estimates typically exclude special items.
For the quarter, revenues totaled $187.52 million, compared with $188.72 million a year ago, while 13 analysts estimated revenue of $188.26 million.
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