Skyworks Solutions Inc. introduced RF switching technology that is enabling early adopters to implement carrier aggregation solutions. Carrier aggregation allows mobile service providers to combine spectrum and increase data rate throughput by utilizing two or more bands simultaneously instead of the single band method used currently, thereby giving consumers an enriched data experience regardless of location. Skyworks' devices support standardized inputs to popular industry chipsets (MIPI RFFE compatible) and address both transmit (Tx) and receive (Rx) switching paths. Mobile operators are driving carrier aggregation to help increase the efficiency and speed of saturated mobile networks, particularly as consumers download an ever increasing amount of mobile content via smartphones. With the limited availability in the wireless spectrum, carriers are seeking innovative RF solutions as a means to fully utilize their allocated spectrum.

Skyworks Solutions Inc. Presents at Barclays Global Technology, Media and Telecommunications Conference, May-23-2013 03:10 PM. Venue: Crowne Plaza Times Square, 1605 Broadway (at 49th Street), New York, New York, United States. Speakers: Donald W. Palette, Chief Financial Officer, Principal Accounting Officer and Vice President.

Skyworks Solutions Inc. announced unaudited consolidated earnings results for the second quarter and six months ended March 29, 2013. For the quarter, the company reported revenue of $425.2 million, up 17% when compared to $364.7 million in the second fiscal quarter of 2012 and exceeding the company's guidance of $420 million. Operating income was $68.7 million against $43.8 million a year ago. Income before income taxes was $67.3 million against $43.4 million a year ago. Net income was $61.7 million against $34.0 million a year ago. Diluted earnings per share were $0.32 against $0.18 a year ago. Non-GAAP operating income was $99.7 million against $83.9 million a year ago. Non-GAAP net income was $91.9 million against $79.8 million a year ago. Non-GAAP net income per share, diluted was $0.48 against $0.42 a year ago. Cash flow from operations was $130 million and invested $25.6 million in capital expenditures. For the period, the company reported net revenue of $878.9 against $758.4 million a year ago. Operating income was $155.3 million against $118.8 million a year ago. Income before income taxes was $154.2 million against $118.1 million a year ago. Net income was $128.2 million against $91.2 million a year ago. Diluted earnings per share were $0.66 against $0.48 a year ago. Non-GAAP operating income was $214.5 million against $189.0 million a year ago. Non-GAAP net income was $198.5 million against $176.0 million a year ago. Non-GAAP net income per share, diluted was $1.02 against $0.92 a year ago. The company provided earnings guidance for the third quarter of 2013. For the quarter, the company provides non-GAAP gross margin estimate to be in the range of 43.5% - 44.0% and GAAP gross margin estimate to be in the range of 42.9% - 43.4%. GAAP diluted earnings per share for Third Quarter 2013 (other than estimated share-based compensation expense of $0.10 per diluted share, certain tax items of $0.05 per diluted share, estimated amortization of intangibles of $0.04 per diluted share and estimated deferred executive compensation expense with a de minimis impact on diluted earnings per share). Diluted earnings per share are expected to be in the range of $0.00 to $0.05 in on a GAAP basis. Using its guidance of $435 million in revenue with gross margin at the midpoint of 43.7% and $80 million in operating expenses, the company anticipated third quarter operating margins of more than 25% and EPS of $0.53 on a base of 192.5 million shares.