Replies to post #922 on Skyworks Solutions Inc. (SWKS)

[bar1080]

I guess that was "spurt" not Spirt.

"Last night, after the close of regular market trading, Apple supplier Skyworks Solutions reported strong numbers for its December quarter and provided guidance that came in slightly higher than Street consensus.

The company reported earnings of $1.61 per share on revenue of $914 million for its December quarter (FQ1:17) versus sellside consensus of $1.58 per share and $902 million.

For the current quarter ending in March, Skyworks said it now expects earnings of $1.40 per share on revenues of $840 million versus Street consensus of $1.39 per share and $818 million respectively. Finally, in a show of confidence about its future, Skyworks also announced a $500 million share buyback."