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The transition to newer product sales is responsible for the higher margins, which in turn helped Cypress deliver flat year-over-year profit even though revenue declined. Improving margin is an.

Bloomberg’s sources said that Cypress has already received a serious buyout offer. Rather than simply accepting it, the board of directors used that interest as a springboard to go looking for.

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Shares of Cypress Semiconductor (NASDAQ:CY) gained 15.15% in value last month, according to data provided by S&P Global Market Intelligence. The company that supplies niche wireless products for the.

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For the quarter, Cypress’ sales were up 13% to $597.55 million, and its loss of $0.10 a share was less than half last year’s negative-$0.21. It should be noted the EPS loss was due entirely to a.

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“The blows to the market from Brexit are being countered by low supply, low mortgage rates, a robust jobs market and.

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