-=Skyworks (SWKS) reported earnings on Thur 23 Jan 20 (a/h)

Skyworks beats by $0.02, beats on revs; guides Q2 EPS above consensus, revs above consensus; Board declares dividend

Reports Q1 (Dec) earnings of $1.68 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $1.66; revenues fell 7.8% year/year to $896.1 mln vs the $881.8 mln S&P Capital IQ Consensus.

Co issues upside guidance for Q2, sees EPS of $1.46, excluding non-recurring items, vs. $1.41 S&P Capital IQ Consensus; sees Q2 revs of $800-820 mln vs. $787.95 mln S&P Capital IQ Consensus.

Skyworks' Board of Directors has declared a cash dividend of $0.44 per share of the Company's common stock, payable on March 3, 2020, to stockholders of record at the close of business on February 11, 2020.