By: Benzinga
UPDATE: Skyworks Posts Upbeat Q1 Profit, Issues Upbeat Q2 Forecast
Skyworks Solutions (NASDAQ: SWKS ) reported a 16% rise in its fiscal first-quarter earnings and issued an upbeat forecast for the second quarter. For the current quarter, Skyworks projects adjusted earnings of $0.47 per share on revenue of about $420 million. However, analysts expected earnings of $0.46 per share
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