Skyworks Solutions (SWKS) Tops Q2 EPS by 1c; Guides Q3 Below the Street

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Skyworks Exceeds Q2 FY16 EPS Guidance

April 28, 2016 4:15 PM EDT

Delivers Revenue of $775.1 Million, In Line with Estimates Expands Non-GAAP Gross Margin to 50.8% (50.4% GAAP), Up from 46.7% in Q2 FY15 Increases Year-over-Year Non-GAAP Operating Margin to 36.8% (33.2% GAAP) Posts $1.25 of Non-GAAP Diluted EPS ($1.08 GAAP), Up 9% Year-over-Year

WOBURN, Mass.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NASDAQ: SWKS) an innovator of high performance analog semiconductors connecting people, places and things, today reported second fiscal quarter results for the period ending April 1, 2016. Revenue for the second fiscal quarter was... More