IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Skyworks Solutions Inc. (SWKS) on Wednesday reported fiscal second-quarter earnings of $68.7 million.
The Irvine, California-based company said it had profit of 43 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to $1.24 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The chipmaker posted revenue of $953.2 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $951.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWKS at https://www.zacks.com/ap/SWKS
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