Skyworks Raises Q4 Earnings Forecast - Quick Facts

(RTTNews) - Analog semiconductor maker Skyworks Solutions, Inc. (SWKS) Tuesday announced increased earnings forecast for the fourth quarter. David Aldrich, CEO of Skyworks said : "These multi-year technology trends are setting the stage for us to outperform the broader semiconductor industry in the December quarter and for the foreseeable future." The company now expects non-GAAP earnings per share of $1.08, on revenues $718 million, up from the previous guidance of $1.00 per share, on revenue of $680 million. Analysts polled by Thomson Reuters expect earnings of $1.01 per share, on revenues of $679.45 million for the quarter. Analysts' estimates typically exclude special items.