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SkyWorks revenues up 2.4% to over USD 1 bln in Q4

Monday 12 November 2018 | 15:13 CET | News
Chipmaker Skyworks Solutions reported a 2.4 percent rise in its fiscal fourth-quarter revenues to USD 1.01 billion from USD 984.6 million a year earlier. The 13 percent sequential rise was at the upper end of its guidance thanks to an expanding market reach and new mobile business and Internet of Things (IoT) contracts. The company's net income climbed to USD 285.5 million, or USD 1.58 per share, in the quarter ending 28 September, up from USD 281.3 million, or USD 1.51 per share, a year previously. Fiscal full-year 2018 revenues were USD 3.868 billion, up 6 percent year-on-year, with GAAP

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Categories: Mobile & Wireless
Companies: Skyworks
Countries: World
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