Cypress Semiconductor Corporation revised earnings guidance for the Fourth Quarter of 2012. For the quarter, the company's consolidated revenue of $177 million to $179 million. Non-GAAP fully diluted earnings per share of $0.03 to $0.04, which is lower than prior forecast due to lower revenue and lower gross margins due to product mix, lower manufacturing absorption and inventory related charges.

GAAP loss per basic share was $0.20 to $0.22 due to lower revenue and gross margins offset by lower than previously expected stock-based compensation charges and one-time charges as expected related to the Ramtron acquisition.