Drexel Hamilton Reiterates Buy on Skyworks Solutions (SWKS) Following 4Q Beat and Raise
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Skyworks Exceeds Q4 FY16 Expectations
November 3, 2016 4:16 PM EDTDelivers Revenue of $835.4 Million, Up 11% Sequentially GAAP Operating Margin 34.9%; Non-GAAP Operating Margin 38.1% GAAP Diluted EPS $1.31; Non-GAAP Diluted EPS $1.47 Generates Record Cash Flow from Operations of $455.0 Million Repurchases 3 Million Shares Guides to 7% to 9% Sequential Revenue Growth
IRVINE, Calif.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NASDAQ: SWKS) an innovator of high performance analog semiconductors connecting people, places and things, today reported fourth fiscal quarter and... More