Skyworks Solutions (SWKS) Tops Q3 EPS by 13c; Raises Outlook

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Skyworks Reports Q3 FY20 Results

July 23, 2020 4:01 PM EDT

Delivers Revenue of $736.8 Million Posts GAAP Diluted EPS of $0.77; Non-GAAP Diluted EPS of $1.25 Guides to Double-Digit Sequential Revenue and Earnings Growth in Q4 FY20 Increases Quarterly Dividend by 14 Percent to $0.50 Per Share

IRVINE, Calif.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog semiconductors connecting people, places and things, today reported third fiscal quarter results for the period ended June 26, 2020. Revenue for the third fiscal quarter was $736.8 million, exceeding consensus estimates.

On a GAAP... More