[November 09, 2009] Skyworks Solutions Q4 net income down Tweet Nov 09, 2009 (Datamonitor via COMTEX) -- Skyworks Solutions, a provider of analog and mixed signal semiconductors, has reported a net income of $56 million, or $0.32 per diluted share, for the fourth quarter ended October 2, 2009, compared to $54.79 million, or $0.33 per diluted share, for the fourth quarter of fiscal 2008. For the fourth quarter of fiscal 2009, total revenues were $228.15 million, compared to $232.57 million for the same quarter of fiscal 2008. For the fiscal year ended October 2, 2009, total revenues were $802.58 million, compared to $860.02 million for the same period of fiscal 2008. Net income was $93.29 million, or $0.55 per diluted share, compared to $111.01 million, or $0.68 per diluted share, for the same period of fiscal 2008. David Aldrich, president and CEO of Skyworks Solutions, said: "Skyworks's improving financial performance reflects the growing momentum of the mobile internet and increasing demand for always-on connectivity, particularly given the ubiquity of social networking applications and the proliferation of smart phones, notebooks, netbooks and embedded wireless devices. "At a higher level, we believe we are at the beginning of three powerful, multi-year waves including broadband access growth, infrastructure capacity expansion and smart grid implementations." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]