Skyworks exceeds expectations for Q2 2018

Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, has reported second fiscal quarter results for the period ending March 30, 2018, the company said.

Revenue for the second fiscal quarter was USD 913.4 million, up 7 percent year-over-year and exceeding consensus estimates.

On a GAAP basis, operating income for the second fiscal quarter of 2018 was USD 289.4 million with diluted earnings per share of USD 1.50, up 25 percent year-over-year. On a non-GAAP basis, operating income was USD 331.1 million with non-GAAP diluted earnings per share of USD 1.64, up 13 percent year-over-year and USD 0.04 better than consensus estimates.

Skyworks Solutions, Inc. is empowering the wireless networking revolution. Our highly innovative analog semiconductors are connecting people, places and things spanning a number of new and previously unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.

Skyworks is a global company with engineering, marketing, operations, sales and support facilities located throughout Asia, Europe and North America and is a member of the S&P 500® and Nasdaq-100® market indices (NASDAQ: SWKS). For more information, visit Skyworks´ website at: www.skyworksinc.com.