Skyworks Solutions (SWKS) Tops Q2 EPS by 1c, Q3 Guidance Misses Consensus

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Skyworks Reports Q2 FY20 Results

May 4, 2020 4:01 PM EDT

Delivers Revenue of $766.1 Million Posts GAAP Diluted EPS of $1.06; Non-GAAP Diluted EPS of $1.34 Generates $280.4 Million in Cash Flow from Operations Ended Quarter with $1.1 Billion in Cash and Investments and No Debt

IRVINE, Calif.--(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 ended March 27, 2020. Revenue for the second fiscal quarter was $766.1 million.

On a GAAP basis, operating income for the second... More