Skyworks Solutions (Nasdaq: SWKS) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 30 (Q2), Skyworks Solutions met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share dropped significantly.

Margins contracted across the board.

Revenue details
Skyworks Solutions reported revenue of $364.7 million. The 16 analysts polled by S&P Capital IQ expected a top line of $361.2 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $325.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.42. The 18 earnings estimates compiled by S&P Capital IQ anticipated $0.40 per share. GAAP EPS of $0.18 for Q2 were 31% lower than the prior-year quarter's $0.26 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 41.8%, 150 basis points worse than the prior-year quarter. Operating margin was 13.6%, 730 basis points worse than the prior-year quarter. Net margin was 9.3%, 610 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $380.8 million. On the bottom line, the average EPS estimate is $0.44.

Next year's average estimate for revenue is $1.55 billion. The average EPS estimate is $1.88.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 645 members out of 678 rating the stock outperform, and 33 members rating it underperform. Among 135 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 127 give Skyworks Solutions a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Skyworks Solutions is outperform, with an average price target of $30.22.

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