January 31, 2013 / 1:40 PM / 5 years ago

REFILE-Skyworks profit beats estimates

Jan 30 (Reuters) - 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 I/B/E/S.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below