November 8, 2018 / 9:20 PM / 9 days ago

Skyworks quarterly revenue rises 2.4 pct

Nov 8 (Reuters) - Analog chipmaker Skyworks Solutions Inc reported a 2.4 percent rise in fourth-quarter revenue on Thursday, as more of its chips found space in Apple Inc’s new iPhones.

Net income rose to $285.5 million, or $1.58 per share, in the fourth quarter ended Sept. 28 from $281.3 million, or $1.51 per share, a year earlier.

Revenue rose to $1.01 billion from $984.6 million. (Reporting by Sonam Rai in Bengaluru; Editing by Anil D’Silva)

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