Cypress Semiconductor Corporation (NASDAQ:CY) is expected to report 4th quarter earnings before the open on Thursday, January 28, with a conference call scheduled for 11:30AM EST. Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.

EXPECTATIONS: Analysts are looking for earnings per share of $0.13 on revenue of $ 445.22M. The consensus range is $0.12-$0.14 for EPS on revenue of $ 444.90M -$ 446.60M. The company has registered mix earnings surprises in three of the last four quarters.

LAST QUARTER: Cypress Semiconductor Corporation (CY) reported Q3 EPS of $0.17, topping the consensus estimate of $0.16. Revenue came in at $470.1M, which was below the consensus $ 480.06M projection. Looking back further, it reported an increase in revenues to $491M in Q2 from $209.14M in Q1. The consensus estimate was of $487.5M and $217.59M, respectively.

PRICE ACTION: recently moved to $8.30 and the average price target from Wall Street research analysts covering the stock is $12.27. The share price has dropped -46.89% from its peak and so far in this year moved backward -15.39%. The stock has a market capitalization of $2.77 billion. The company with 8.08 million shares changed hands. During the day, the stock touched a high of $8.47 and low of $8.09. In one month, its share price fell -12.63% and kept distance of 15.60% from worst level in 52 weeks.

On January 21, 2016, Cypress Semiconductor Corporation (CY) declared the addition of wafer products to its industry-leading nonvolatile random access memory (NVRAM) portfolio. Cypress’s NVRAM portfolio, which includes Ferroelectric-RAM (F-RAM™) and nonvolatile static RAM (nvSRAM) devices, offers reliable protection of critical data during a power failure. Many mission-critical applications that require the unique benefits of F-RAM and nvSRAM also require bare die for small or unique packaging options. More information about Cypress’s NVRAM portfolio is available at http://www.cypress.com/nonvolatile.

Cypress F-RAM is the most energy-efficient NVRAM technology in the industry with a virtually unlimited 100 trillion write cycle endurance. The ferroelectric material in F-RAM memory cells is highly resistant to data corruption caused by radiation or magnetic field exposure, providing soft error rate immunity for medical, aerospace and defense applications.

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