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-Cypress Reports Fourth Quarter and Year-End 2016 Results

Feb 03, 2017 - ENP Newswire

SAN JOSE, Calif. - Cypress Semiconductor Corporation (NASDAQ: CY) today announced its fourth quarter and fiscal year 2016 results.

'We're pleased to report a strong fourth quarter and full year for Cypress in 2016,' said Hassane El-Khoury, Cypress president and chief executive officer. 'We grew the company, improved our gross margin, exceeded our expectations in terms of our plan for cost synergies from the Spansion merger and changed the strategic direction of the company, fully implement...