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General

Skyworks revenues lift 2% in fiscal Q2

Friday 29 April 2016 | 11:30 CET | News
Global semiconductor specialist Skyworks Solutions said revenues for its second quarter to 1 April lifted 2 percent from the year before to USD 775.1 million, in line with estimates. The adjusted operating profit lifted 10 percent to USD 285.0 million while the adjusted diluted earnings per share went higher than the guidance to USD 1.25, up 9 percent year-on-year. The operating profit reached USD 257.7 million and diluted EPS was USD 1.08. The adjusted gross margin advanced to 50.8 percent from 46.7 percent. The gross margin amounted to 50.4 percent.

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Categories: General
Companies: Skyworks
Countries: World
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