Cypress Semiconductor Corporation is a US-based semiconductor design and manufacturing company offering NOR flash memories, F-RAM, USB connectivity solutions, captive touch-sensing controllers and much more. The company generates revenue through operations in two reportable business segments: Memory Products Division (MPD) and the Microcontroller and Connectivity Division (MCD). As of Q2 2019, the EBT or Income before Income Taxes from the different reportable segments came in at. And let’s look into Cypress EBT by segment data.
EBT by segment (in thousands USD)
|Memory Products Division (MPD)||67766||68.19%|
|Microcontroller and Connectivity Division (MCD)||31606||31.81%|
MPD focuses on fail-safe storage and data logging solutions for mission-critical applications. The product portfolio consists of NOR flash memories, SRAM and other specialty memories. Some of the product applications are networking modems, industrial control and automation systems, automotive instrument cluster, medical and instrumentation, wireless infrastructure, networking routers.
MCD focuses on connectivity and computing solutions for the Internet of Things (IoT) and automotive solutions that enhance the in-cabin user experience. The product offerings include a high-performance microcontroller, analog solutions, Wi-Fi plus Bluetooth combo solutions and others. Some of the product applications are machine vision, cameras, body control modules, digital still and video cameras, white goods, USB-C adapter cables.
Earnings Before Tax (EBT) or Income before Income Taxes basically denotes the operating revenue generated from these business segments before the payment of income taxes. Income before Income Taxes was $99372 thousands for the three months ended June 30, 2019, which was a 22.47 per cent decline compared to the same period in 2018.
The following table shows the percentage change in three months Income before Income Taxes for the different reportable segments.
June 30, 2019
July 1, 2018
|Memory Products Division (MPD)||67766||92091||-26.41%|
|Microcontroller and Connectivity Division (MCD)||31606||36087||-12.42%|
Cypress Semiconductor Corporation, headquartered in San Jose, California, manufactures and sells advanced embedded system solutions for automotive, industrial, consumer and enterprise end markets. Cypress’ microcontrollers, analog ICs, wireless and wired connectivity solutions and memories help engineers design differentiated products and help with speed to market.
The company is committed to providing customers with on-demand, high-quality support and engineering resources. The company is publicly listed on NASDAQ Global Select Market under the ticker symbol “CY”. Their business strategies are focused on meeting customer demand, providing a wide range of products through product portfolio expansion and leveraging their market position.
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