Cypress Semiconductor Corporation (CY)

Q4 2010 Earnings Call Transcript

January 27, 2011 11:30 am ET

Executives

T.J. Rodgers – President & CEO

Brad Buss – EVP, Finance and Administration & CFO

Chris Seams – EVP, Sales and Marketing

Norm Taffe EVP, Consumer and Computation Division

Dana Nazarian EVP, Memory and Imaging Division

Analysts

Tim Luke – Barclays Capital:

Adam Benjamin Jefferies & Co

Steve Eliscu UBS

Jeffrey Schreiner – CapStone Investments

Raji Gill – Needham and Company

Sandy Harrison – Signal Hill

Charlie Anderson – Dougherty & Company

Doug Freedman – Gleacher & Company

John Barton – Cowen and Company

Srini Pajjuri – CLSA

Suchi Gustalva – Thinkequity

Chris Danely – JPMorgan Chase & Co.

Glen Yeung Citigroup

John Vinh – Collins Stewart

Tim Luke – Barclays Capital

Presentation

Operator

Good morning and welcome to Cyprus Semiconductor Fourth Quarter 2010 Earnings Release Conference Call. Today’s conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the call over to Mr. T.J. Rodgers, President and CEO of Cyprus Semiconductor. Thank you, sir. You may begin.

T.J. Rodgers

Good morning. We are here with the executive staff to report the results for the fourth quarter and year-end 2010, and to answer questions, we will go in the usual order with Brad Buss, our CFO, talking about financials, followed by Chris Seams talking about the market. Brad?

Brad Buss

Thanks, T.J. Thanks everybody for attending, especially those of you that are caught up in some of the snow. As usual, just some of the forward-looking stuff, we will be making a lot of forward-looking statements, a lot of estimates, projections. We obviously encourage you to take a look through our 10-K and all the forward book of language in our press release. We expect to have the 10-K filed near the end of February.

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