Skyworks Updates Revenue and Earnings Outlook

Skyworks Solutions, Inc. reported it has increased its financial outlook for the fourth quarter of fiscal 2009 given broad-based improvements in order demand.

For the period, Skyworks noted, it now expects revenue in the range of $220 to $225 million and non-GAAP diluted earnings per share of $0.21 to $0.22.

"Multiple new program ramps coupled with operational execution are contributing to better than planned top and bottom line growth," said David J. Aldrich, president and CEO of Skyworks. "Our diversification into a broader set of analog semiconductor sectors, share consolidation in our core markets and our scale advantages are increasingly enabling us to outperform our addressable markets."

Skyworks Solutions, Inc. is a developer of high reliability analog and mixed signal semiconductors. Leveraging core technologies, Skyworks offers diverse standard and custom linear products supporting automotive, broadband, cellular infrastructure, energy management, industrial, medical, military and mobile handset applications. The company said its portfolio includes amplifiers, attenuators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure RF subsystems, mixers/demodulators, phase shifters, PLLs/synthesizers/VCOs, power dividers/combiners, receivers, switches and technical ceramics.

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