News Article
Skyworks upgrades revenues to $420 million for Q4 2012
The RF innovator of high performance analogue semiconductors has also updated its Non-GAAP Diluted EPS to $0.52
Skyworks Solutions has updated its financial outlook for the fourth quarter of fiscal 2012 given strong program ramps across its analogue and mobile Internet businesses and continued operating leverage within its business model.
The Company now anticipates revenue of $420 million for the fourth quarter of fiscal 2012, on the high end of its previous guidance range of $415 to $420 million, which would represent an 8 percent sequential increase.
Skyworks also expects to deliver non-GAAP diluted earnings per share of $0.52 versus guidance of $0.50 to $0.51, which would represent a 16 percent sequential increase for the fourth quarter of fiscal 2012.
The company’s previous guidance was provided on July 18th, 2012 during its third quarter fiscal 2012 conference call.
