January 8, 2013 / 1:15 PM / 5 years ago

Cypress expects fourth-quarter results below analysts' estimates

Jan 8 (Reuters) - Cypress Semiconductor Corp estimated fourth-quarter results below analysts’ consensus, hurt by a weaker-than-expected demand for its chips.

The company, which makes microcontrollers and chips used in touch-screen phones and tablets, expects a profit of 3 cents to 4 cents per share on revenue of $177 million to $179 million.

Analysts expected an adjusted profit of 14 cents per share, on revenue of $193.5 million, according to Thomson Reuters I/B/E/S.

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