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Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA)
SWKS 102.28+2.0%Dec 7 4:00 PM EST

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From: JakeStraw1/23/2015 8:32:43 AM
   of 1698
Skyworks Exceeds Q1 FY15 Revenue and EPS Guidance

“We are off to a solid start to fiscal 2015,” said David J. Aldrich, chairman and chief executive officer of Skyworks. “Our business results are being fueled by a global surge in connectivity across a wide-ranging set of applications and by the increase in analog-rich content that is required to power today’s most innovative devices. Skyworks is at the forefront of this technology advancement—facilitating secure, high-speed, seamless connections through our integrated solutions. As our results show, we are capitalizing on these trends today—driving superior financial returns for shareholders.”

“We have created a unique business model, combining the strong growth of connectivity and the Internet of Things with the financial returns of a diversified analog company,” said Donald W. Palette, executive vice president and chief financial officer of Skyworks. “Our increasing market reach, expanding content opportunities and new product launches are enabling us to outperform normal March quarter seasonal trends. For the second fiscal quarter of 2015, we anticipate revenue to be $750 million—up 56 percent year-over-year with non-GAAP diluted earnings per share of $1.12.”
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