Key Developments For Skyworks Solutions, Inc.
Skyworks Solutions, Inc. (SWKS.O) (Nasdaq)
Skyworks Solutions, Inc. Issues Q1 2010 Outlook Above Analysts' Estimates
Skyworks Solutions, Inc. announced that for first quarter of 2010, it expects revenue in the range of $238-$242 million and to deliver $0.25 of non-GAAP diluted earnings per share (EPS). According to Reuters Estimates, analysts were expecting the Company to report revenues of $232 million and EPS of $0.23 for the same period.
Skyworks Solutions, Inc. Raises Q4 2009 Guidance
Skyworks Solutions, Inc. raised fourth quarter 2009 guidance and expects revenue in the range of $220-$225 million and non-GAAP diluted earnings per share (EPS) of $0.21-$0.22. According to Reuters Estimates, analysts were expecting the Company to report revenue $210 million and EPS of $0.19 for the fourth quarter 2009.
Skyworks Solutions, Inc. Issues Q4 2009 Guidance Above Analysts' Estimates
Skyworks Solutions, Inc. announced that for the fourth quarter 2009, it expects revenue to be up 10% sequentially and non-GAAP diluted earnings per share (EPS) of $0.19. Estimated non-GAAP diluted EPS for the fourth quarter 2009 excludes approximately $6.8 million of FASB Statement No. 123, related expenses. The Company reported revenue of $191.2 million for the third quarter of 2009. According to Reuters Estimates, analysts were expecting the Company to report revenue of $196.5 million and EPS of $0.17 for the fourth quarter 2009.
Skyworks Solutions, Inc. Partners With Energy Providers To Meet Growing Demand For Smart Meters
Skyworks Solutions, Inc. announced that it is partnering with several of the energy industry solution providers to meet the growing demand for smart water, gas and electric meter readers. These strategic partnerships are enabling Skyworks to develop and ramp low-cost solutions for remote meter reading applications and smart grid technologies. Smart grids deliver power and energy from suppliers to consumers using digital technology, reducing utility and consumer costs while increasing system reliability. Governments and utilities are actively promoting smart grids to address energy independence, global warming and emergency resilience issues.
Skyworks Solutions, Inc. Signs Worldwide Distribution Agreement With Digi-Key
Skyworks Solutions, Inc. announced that it entered into a global distributor agreement with Digi-Key, one of the distributors of electronic components. Digi-Key carries a number of Skyworks` analog components and modules including amplifiers, attenuators, demodulators, diodes, mixers, power dividers and combiners, synthesizers, and switches. These solutions, slated for feature in upcoming print and online catalogs, are in stock and available on Digi-Key`s global Web sites.
