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Cypress Semiconductor Q4 adjusted earnings Beat Estimates

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

-Earnings: $267.11 million in Q4 vs. -$34.01 million in the same period last year.
-EPS: $0.72 in Q4 vs. -$0.10 in the same period last year.
-Excluding items, Cypress Semiconductor reported adjusted earnings of $130.99 million or $0.35 per share for the period.
-Analysts projected $0.33 per share
-Revenue: $604.47 million in Q4 vs. $597.55 million in the same period last year.

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