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October 13, 1998

COMPANY RESULT: CYPRESS SEMICONDUCTOR CORP

By CBR Staff Writer

Cypress Semiconductor Corp, San Jose, California, has reported third-quarter net income of $513,000 on revenue down 13.7% at $126m, compared to net income of $7.2m, a year ago. Earnings per share for the quarter were $0.01, down from $0.08 for the year- ago period. Nine-month net loss was $107.4m on revenue down 11.6% at $362.7m, against net income of $18.3m, or $0.20 per share, last year. Nine-month results include a restructuring charge of $65.1m.

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