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Cypress Reports Q2

SAN JOSE, Calif. — Cypress Semiconductor Corp. (NASDAQ:CY) today announced second-quarter 2011 results, which included the following highlights and remarks from its president and CEO, T.J. Rodgers.

  • Q2 results at high end of guidance
  • TrueTouch® exceeded expectations on strong mobile phone and tablet ramps
  • Emerging Technologies Division achieved its first $10 million revenue quarter
  • Cash flow from operations increased 33% year-on-year
  • Produced the highest non-GAAP1 net income since 2000.

    Read the full press release.

    {complink 1474|Cypress Semiconductor Corp.}

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