Skyworks Solutions Inc. expected to Report Q1 2010 Results on February 5, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Skyworks Solutions Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended October 2, 2009. For the fourth quarter, the company reported the GAAP basis operating income was $32,952,000 as compared to the operating income of $27,980,000 for the same period a year ago. Income before income taxes was $26,440,000 as compared to the income before income taxes of $20,435,000 for the same period a year ago. Dilute earning per share was $0.32 as compared to the dilute earning per share of $0.33 for the same period a year ago. Non-GAAP operating income was $42,514,000 as compared to the Non-GAAP operating income of $36,032,000 for the same period a year ago. Non-GAAP net income was $41,848,000 as compared to the Non-GAAP net income of $35,263,000 for the same period a year ago. Non-GAAP dilute net income per share was $0.24 as compared to the Non-GAAP dilute net income per share of $0.21 for the same period a year ago. For the year ended, the company reported the GAAP basis, operating income was $71,703,000 as compared to the operating income of $90,371,000 for the same period a year ago. Income before income taxes was $65,746,000 as compared to the income before income taxes of $82,188,000 for the same period a year ago. Net revenue was $802,577,000 as compared to the net revenue of $860,017,000 for the same period a year ago. Dilute earning per share was $0.55 as compared to the dilute earning per share of $0.68 for the same period a year ago. Net income was $93,289,000 as compared to the net income of $111,006,000 for the same period a year ago. Non-GAAP operating income was $120,936,000 as compared to the Non-GAAP operating income of $120,868,000 for the same period a year ago. Non-GAAP net income was $116,515,000 as compared to the Non-GAAP net income of $117,380,000 for the same period a year ago. Non-GAAP dilute net income per share was $0.6 as compared to the Non-GAAP dilute net income per share of $0.71 for the same period a year ago. The company provided earnings guidance for the first quarter of fiscal 2010. The company expects revenue to in the range of $238.0 million to $242.0 million. In turn, the company intends to deliver $0.25 of non-GAAP diluted earnings per share in the December quarter, representing a 47% year-over-year improvement in profitability. The company guided to 13% to 15% year-over-year revenue growth, 20% Non-GAAP Operating Margin and $1.00 Annualized Non-GAAP EPS Run-Rate in December Quarter. On GAAP basis, operating margin is expected to be 16% in the first fiscal quarter of 2010.

Skyworks Solutions Inc. reported earnings results for the fourth quarter ended September 30, 2009. For the quarter, the company's revenue was $228.1 million, up 19% sequentially. Operating income was $42.5 million and operating margin was 18.6%. GAAP net income was $56 billion or $0.32 of diluted earnings per share, while non-GAAP income was $41.8 million or $0.24 of diluted earnings per share. The company reported cash flow from operations of $70 million and capital expenditures of $15 million for the quarter. Although it continues to remain cautious on the broader economy, based on improving order visibility and backlog strength, the company anticipates 13% to 15% year-over-year revenue growth driven by mobile internet, energy management, and diversified analog applications. Assuming $240 million in revenue, the company plan to expand gross margin to the 41.5% to 42% range enabling to deliver a 20% operating margin and a $1.00 of earnings per share annualized run rate.