Skyworks Solutions Inc. Bottom Line Rises 12% In Q2

(RTTNews) - Skyworks Solutions Inc. (SWKS) revealed a profit for its second quarter that rose compared to the same period last year.

The company said its bottom line came in at $272.0 million, or $1.45 per share. This was up from $242.3 million, or $1.25 per share, in last year's second quarter.

Analysts had expected the company to earn $1.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.9% to $851.7 million. This was up from $775.1 million last year.

Skyworks Solutions Inc. earnings at a glance:

-Earnings (Q2): $272.0 Mln. vs. $242.3 Mln. last year. -Earnings Growth (Y-o-Y): 12.3% -EPS (Q2): $1.45 vs. $1.25 last year. -EPS Growth (Y-o-Y): 16.0% -Analysts Estimate: $1.40 -Revenue (Q2): $851.7 Mln vs. $775.1 Mln last year. -Revenue Change (Y-o-Y): 9.9%

-Guidance: Next quarter EPS guidance: $1.52 Next quarter revenue guidance: $890 Mln