Jan 30 Skyworks Solutions Inc posted
better-than-expected quarterly results on higher demand for its
chips used to connect cellphones to the network.
Net income for the Apple Inc supplier rose to $66.5
million, or 34 cents per share, in the first quarter, from $57.1
million, or 30 cents per share, a year earlier.
Excluding items, the company earned 55 cents per share.
Revenue rose 15 percent to $454 million.
Analysts on average were expecting earnings of 54 cents per
share on revenue of 450.5 million, according to Thomson Reuters