Skyworks Solutions Inc Reports Results for the Quarter Ended in June – Earnings Summary
* Skyworks Solutions Inc reported quarterly adjusted earnings of $1.64 per share. The mean expectation of 28 analysts for the quarter that ended in June was for earnings of $1.60 per share. * Revenue fell 0.7 percent to $894.30 million from a year ago; analysts expected $889.05 million. * Skyworks Solutions Inc’s Reported EPS for the quarter was $1.57. * The mean earnings estimate of analysts had fallen by about 5 percent in the last three months. * In the last 30 days there have been no negative revisions of earnings estimates and one analyst has revised an earnings estimate upward. * Skyworks Solutions Inc shares had risen by 5.6 percent this quarter and gained 7.5 percent so far this year. * The Woburn, Massachusetts-based company reported quarterly net income of $286.5 million. * Skyworks Solutions Inc is a member of the NASDAQ Composite Index. This summary was machine generated July 19 at 09:10 p.m. GMT.
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