Skyworks Beats Estimates on Q1 Revenue

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Skyworks (NASDAQ: SWKS  ) has posted its Q1 2013 results. The company revenue amounted to $454 million, a 15% increase over the same period last year. That figure was several million dollars higher than the $451 million expected by analysts. Non-GAAP net income was $107 million, or $0.55 per diluted share. This generally matched market expectations, and was 11% higher than Q1 2012's number.

In its earnings release, Skyworks also provided guidance for its current quarter. The company quoted its CFO Donald Palette as saying:

We anticipate revenue to be up 15 percent year-over-year with better than normal seasonality to approximately $420 million with non-GAAP diluted earnings per share of $0.47.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2226003, ~/Articles/ArticleHandler.aspx, 9/26/2016 10:18:23 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,117.86 -143.59 -0.79%
S&P 500 2,153.18 -11.51 -0.53%
NASD 5,263.10 -42.65 -0.80%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 10:03 AM
SWKS $73.62 Down -1.15 -1.54%
Skyworks Solutions CAPS Rating: ****