UPDATE: Skyworks Solutions, Inc. (SWKS) Tops Q3 EPS by 1c, Guidance Tops Views
(Updated - July 18, 2013 4:36 PM EDT)
Skyworks Solutions, Inc. (NASDAQ: SWKS) reported Q3 EPS of $0.54, $0.01 better than the analyst estimate of $0.53. Revenue for the quarter came in at $436.1 million versus the consensus estimate of $435.4 million.
Fourth Fiscal Quarter 2013 Outlook
“Given new program launches and an expanding product pipeline, we expect a strong second half to 2013,” said Donald W. Palette, vice president and chief financial officer of Skyworks. “Specifically, for the current quarter, we anticipate revenue of $475 million, gross margin expansion to the 44.0 to 44.5 percent range and $0.62 of diluted earnings per share, each on a non-GAAP basis.”
(Street sees Q4 EPS of $0.60 on revenue of $470.08 million)
For earnings history and earnings-related data on Skyworks Solutions, Inc. (SWKS) click here.
Skyworks Solutions, Inc. (NASDAQ: SWKS) reported Q3 EPS of $0.54, $0.01 better than the analyst estimate of $0.53. Revenue for the quarter came in at $436.1 million versus the consensus estimate of $435.4 million.
Fourth Fiscal Quarter 2013 Outlook
“Given new program launches and an expanding product pipeline, we expect a strong second half to 2013,” said Donald W. Palette, vice president and chief financial officer of Skyworks. “Specifically, for the current quarter, we anticipate revenue of $475 million, gross margin expansion to the 44.0 to 44.5 percent range and $0.62 of diluted earnings per share, each on a non-GAAP basis.”
(Street sees Q4 EPS of $0.60 on revenue of $470.08 million)
For earnings history and earnings-related data on Skyworks Solutions, Inc. (SWKS) click here.