Skyworks Solutions Q3 Profit Rises - Quick Facts

(RTTNews) - Skyworks Solutions Inc. (SWKS) Thursday reported third-quarter profit of $65.7 million or $0.34 per share, up from $49.3 million or $0.26 per share in the same period last year.

Adjusted earnings for the quarter was $103.8 million or $0.54 per share. On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.53 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $436.1 million from $389.0 million last year. Analysts expected revenues of $435.96 million.

Looking ahead to the fourth quarter, the company expects to report adjusted earnings of $0.62 per share, on revenues of $475 million. Analysts currently expect the company to earn $0.53 per share on revenues of $435.96 million.