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Skyworks Solutions (SWKS)
by Zacks Equity ResearchOctober 01, 2010 | Comments : 0 Recommended this article: (0)
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Excluding stock-based compensation expenses and restructuring charges, EPS is now expected at $0.40 per share, compared to the previous estimate of $0.37. Skyworks Solutions is well positioned to benefit from the recent trends in the handset market, which are favorable for increasing the dollar content of RF components.
The company also continues to capitalize on the rapidly expanding opportunity for analog semiconductor solutions, fueled by increasing demand for smartphones, broadband access, network infrastructure and smart grid applications. We currently maintain an Outperform recommendation on the stock.
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