Skyworks Solutions (SWKS) Tops Q2 EPS by 2c; Guides Q3 Above the Street

Skyworks Solutions (NASDAQ: SWKS) reported Q2 EPS of $1.15, $0.02 better than the analyst estimate of $1.13. Revenue for the quarter came in at $762 million versus the consensus estimate of $751.83 million.

Skyworks Solutions sees Q3 2015 EPS of $1.28, versus the consensus of $1.19. Skyworks Solutions sees Q3 2015 revenue of $800 million, versus the consensus of $781.8 million.

“Skyworks’ outperformance underscores the success of our diversification strategy, as positive momentum across our customer base, end markets and product lines helped to mitigate normal March quarter seasonality,” said David J. Aldrich, chairman and chief executive officer of Skyworks. “Our business continues to perform at a high level, as we capitalize on a number of powerful global trends driving the proliferation of connectivity in all of its forms. By leveraging our architectural and integration leadership, we continue to enhance our competitive differentiation, expanding profitability and creating greater value for our customers and shareholders.”

For earnings history and earnings-related data on Skyworks Solutions (SWKS) click here.

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