SWKS reports tonight...should be interesting

http://www.thestreet.com/story/13019735/1/what-to-expect-whe…

impressive performance this Q:

Revenue for the first fiscal quarter was $805.5 million, up 59 percent year-over-year and 12 percent sequentially, exceeding the Company’s original guidance of $770 million.

On a non-GAAP basis, operating income for the first fiscal quarter of 2015 was $282.0 million, up 99 percent from $141.8 million in the first fiscal quarter of 2014. Non-GAAP diluted earnings per share for the first fiscal quarter was $1.26, $0.08 better than guidance and up 88 percent from the $0.67 reported for the first fiscal quarter of 2014. On a GAAP basis, operating income for the first fiscal quarter of 2015 was $246.8 million and diluted earnings per share was $1.01.

http://finance.yahoo.com/news/skyworks-exceeds-q1-fy15-reven…

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IMPRESSIVE indeed!

Delivers Revenue of $806 Million, up 59% Year-over-Year
Expands Non-GAAP Operating Margin to 35% (30.6% GAAP)
Posts $1.26 of Non-GAAP Diluted EPS ($1.01 GAAP) vs. $0.67 a Year Ago
Generates $383 Million in Cash Flow from Operations
Guides to Better-than-Seasonal Q2 Revenue of $750 Million

Strong, VERY STRONG!

That makes TTM non-gaap earnings $3.36?!?!? That means this beautiful race horse is clocking in at only 23.61 ttm PE as of today’s close?!?!?

Somebody double check me please and don’t pinch me! I don’t wanna wake up from this dream.

Even at this all time high close, it seems it time to “add to the winner”!

Skyward with Skyworks,
KLVanLiew

No movement in AH trading. Any thoughts why?

Anirban

Even at this all time high close, it seems it time to "add to the WINNER”!

Yeah, 90% of my portfolio is in with these guys…over the past five trading days they’ve jumped from $70.96 to close today at 79.33.

No more eating off the dollar menu at mcdonalds for me this week, I’m heading out to the Olive Garden tonight!

Sweetadeline

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That makes TTM non-gaap earnings $3.36?!?!? That means this beautiful race horse is clocking in at only 23.61 ttm PE as of today’s close?!?!?

Hi KL, Actually it’s even better! It’s $3.83 (62+83+112+126 = 383). PE is 20.7. Reason it didn’t move after hours is that it’s gone from $71.3 to $79.3 in the last four trading days, in anticipation. You’d actually expect some “sell on the news” before the next move up. Three months ago it was $55 so it’s up 44% in 3 months.

Saul

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Saul,

I have 0.40 and 0.58 for quarters 2 and 3 of 2014. I accidentally pulled GAAP instead of Non-GAAP. OOPS!

I wouldn’t mind a bit of a pullback so I can scoop up some more of this pixie dust in the SWKS.

KLVanLiew

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