Skyworks Solutions (SWKS) Tops Q1 EPS by 3c; Issues Solid Outlook

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Skyworks Exceeds Q1 FY20 Expectations

January 23, 2020 4:01 PM EST

Delivers Revenue of $896 Million, Up 8% Sequentially Posts GAAP Diluted EPS of $1.50; Non-GAAP Diluted EPS of $1.68 Generates $398 Million in Cash Flow from Operations Guides to Better-than-Seasonal Revenue Trends in Q2 FY20

IRVINE, Calif.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today reported first fiscal quarter results for the period ended December 27, 2019.

Revenue for the first fiscal quarter of 2020 was $896.1 million, up 8 percent sequentially,... More