Cypress Reports Fourth-Quarter and Year-End 2014 Results

SAN JOSE, CA — (Marketwired) — 01/22/15 — Cypress Semiconductor Corp. (NASDAQ: CY) today announced its fourth-quarter 2014 and fiscal year results, which included the remarks below from its president and CEO, T.J. Rodgers. Highlights for the quarter included:Revenue of $184.1 million and non-GAAP earnings per share of $0.13 met guidance2014 non-GAAP operating expenses at a 15-year low2014 non-GAAP earnings per share increased 33% year-over-yearFree cash flow increased by $19 million sequenti