Skyworks in Globe 100 for fourth time in a row
Skyworks Solutions, an innovator of analogue semiconductors enabling a broad range of end markets, has been named in the Boston Globe’s list of top performing public companies in Massachusetts for the fourth consecutive year. The Globe 100 ranking, which is now in its 24th year, is based on several financial factors including year-over-year revenue growth and profit margin, as well as return on average equity. For the first time in three years, the Globe 100 list features 100 companies. In 2010 and 2011, less than 100 companies qualified given the impact of the recession. “The positive momentum we are seeing in the economic recovery is illustrated by the Globe 100 returning to full strength,” says Shirley Leung, business editor at the Boston Globe. “It’s a powerful testament to the resiliency of Massachusetts’ businesses.” “Skyworks is delighted to once again be recognised as one of Massachusetts’s most highly regarded and well performing companies,” adds David J. Aldrich, president and chief executive officer at Skyworks. “In 2011, Skyworks made significant progress towards solidifying our leadership position in analogue semiconductor solutions across a diverse set of applications. We are capitalising on consumers’ demand for mobile connectivity and are well positioned to benefit from the explosive growth in wirelessly-enabled platforms and services.” The Globe 100 ranks Massachusetts-based public companies based on financial data from the four quarters ending December 31, 2011. To be eligible, the company must be traded publicly for the entire 2011 calendar year on the New York Stock Exchange, the Nasdaq or the American Stock Exchange and report revenue and profit for both 2010 and 2011.