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21 September 2010
Skyworks raises guidance for quarterly revenue from $300m to $310m
Ahead of its Analyst Day in Boston today, Skyworks Solutions Inc of Woburn, MA, USA, which manufactures linear products, power amplifiers, front-end modules and radio solutions for handset and infrastructure equipment, said that, given the broad-based improvements in its order demand, it has raised its previous revenue guidance for fiscal fourth-quarter 2010 (to end-September) from $300m (provided on 22 July) to $310m. This is up 13% on the June-quarter’s record $275.4m and up 36% on $228.1m a year ago.
The firm has also raised its guidance for non-GAAP diluted earnings per share from $0.37 to $0.40, up 25% on $0.32 last quarter and up 67% on $0.24 a year ago.
See related items:
Skyworks grows revenue 44% year-on-year to $275.4m
Skyworks to increase outsourcing to GaAs foundry AWSC
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