IRVINE, Calif. (AP) - IRVINE, Calif. (AP) - The Irvine, California-based company said it had profit of 75 cents per share. Earnings, adjusted for one-time gains and costs, were $1.21 per share. The results met Wall Street expectations.
Skyworks Solutions Inc. (SWKS) on Tuesday reported fiscal third-quarter profit of $120.9 million.
IRVINE, Calif. (AP) - IRVINE, Calif. (AP) - The Irvine, California-based company said it had profit of 75 cents per share. Earnings, adjusted for one-time gains and costs, were $1.21 per share.
The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of $1.21 per share.
The chipmaker posted revenue of $905.5 million in the period, topping Street forecasts. Seven analysts surveyed by Zacks expected $900.6 million.
For the current quarter ending in September, Skyworks expects its per-share earnings to be $1.52.