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Skyworks Raises Revenue and Earnings Outlook for FY Q4 2010

The firm has raised its current quarter guidance to $310 million in revenue and $0.40 of non-GAAP diluted EPS.

Skyworks Solutions, an innovator of high reliability analog and mixed signal semiconductors enabling a broad range of end markets, has updated its financial outlook for the fourth quarter of fiscal 2010.

Given broad-based improvements in order demand, the Company now anticipates revenue of $310 million versus its previous guidance of $300 million. This would represent a 36 % year-over-year increase and a 13 % increase sequentially for the fourth fiscal quarter.

Skyworks also expects to deliver non-GAAP diluted earnings per share of $0.40 versus $0.37, which would represent a 67 % increase when compared to the same period a year ago and a 25 % increase sequentially. The company's previous guidance was provided on July 22, 2010 during its third fiscal quarter conference call.

Skyworks is hosting an Analyst Day today in Boston beginning at 9:30 a.m. Eastern time. Members of the executive team will provide a business overview, discuss market and technology trends, operational plans and financial objectives.

To listen to the webcast via the Internet, please visit the Investor section of Skyworks' Web site at www.skyworksinc.com .

For information regarding the use of a non-GAAP EPS estimate in this press release, please refer to the Discussion Regarding the Use of Non-GAAP Financial Measures set forth below.

Skyworks Solutions is an innovator of high reliability analog and mixed signal semiconductors. Leveraging core technologies, Skyworks offers diverse standard and custom linear products supporting automotive, broadband, cellular infrastructure, energy management, industrial, medical, military and mobile handset applications.

The Company's portfolio includes amplifiers, attenuators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, mixers/demodulators, phase shifters, PLLs/synthesizers/VCOs, power dividers/combiners, receivers, switches and technical ceramics.

Headquartered in Woburn, Mass., Skyworks is worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America.
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