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What: Shares of Skyworks Solutions
So what: The company is expecting fourth quarter revenue to be right around $420 million, which is actually on the high end of its previously provided guidance, which called for between $415 million and $420 million. Adjusted earnings per share should be $0.52, even above its previous forecast. The company is also hosting its analyst day today.
Now what: That guidance represents just an 8% sequential increase, which is more than rivals like Avago Technologies
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Fool contributor Evan Niuholds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of TriQuint Semiconductor. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.