Needham & Company Reiterates Buy on Skyworks Solutions (SWKS) Following 3Q Beat
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Skyworks Announces Increase in Quarterly Dividend and New $400 Million Stock Repurchase Program
July 21, 2016 4:20 PM EDTWOBURN, Mass.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per share of the Company's common stock, representing an eight percent increase from the prior quarterly dividend of $0.26 per share. The dividend is payable on August 25, 2016, to stockholders of record as of the close of business on August 4, 2016.
In addition, Skyworks Board of Directors has authorized the repurchase of up to $400 million of the Company's... More
Skyworks Exceeds Q3 FY16 Expectations
July 21, 2016 4:15 PM EDTDelivers Revenue of $751.7 Million GAAP Operating Margin 31.7%; Non-GAAP Operating Margin 36.5% GAAP Diluted EPS $0.97; Non-GAAP Diluted EPS $1.24 Returns Over $240 Million in Cash to Shareholders Guides to Double Digit Sequential Top Line Growth with Operating Leverage Increases Dividend and Initiates New Stock Repurchase Program
WOBURN, Mass.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NASDAQ: SWKS) an innovator of high performance analog semiconductors connecting people,... More
