راعي العوده
عضو نشط
- التسجيل
- 18 يونيو 2003
- المشاركات
- 320
السعر الحالي = 6.91
نسبة الارتفاع 33%
السبب اخبار ايجابية عن الارباح
Skyworks (SWKS - commentary - Cramer's Take) said Monday that it plans to cease its baseband operations, a move that will result in the reduction of about 10% of its workforce.
The wireless chip and component maker said it plans to focus on its core analog and radio frequency businesses.
Baseband chips, which handle communications functions in cell phones, have been a declining business for the company. Skyworks' fiscal 2006 revenue from the division is projected to fall to $50 million from $123 million a year earlier, while its core business is expected to see revenue grow to $730 million from $655 million.
Skyworks said it will eliminate nearly $70 million in annual costs and cut 425 jobs as a result of the baseband move. The company plans to record $85 million to $95 million in related charges, most of which are expected to be reported in its recently ended fiscal fourth quarter.
Skyworks backed its fourth-quarter targets for earnings of 5 cents a share, before items, and revenue of $197 million to $200 million. Analysts polled by Thomson First Call have an average estimate for earnings of 5 cents a share and revenue of $199 million for the September quarter.
Following the exit of the baseband business, the company anticipates fiscal 2007 revenue of $820 million to $840 million. The company expects earnings for the year to be 55 cents to 60 cents a share, before items, well above First Call's projection of 29 cents
نسبة الارتفاع 33%
السبب اخبار ايجابية عن الارباح
Skyworks (SWKS - commentary - Cramer's Take) said Monday that it plans to cease its baseband operations, a move that will result in the reduction of about 10% of its workforce.
The wireless chip and component maker said it plans to focus on its core analog and radio frequency businesses.
Baseband chips, which handle communications functions in cell phones, have been a declining business for the company. Skyworks' fiscal 2006 revenue from the division is projected to fall to $50 million from $123 million a year earlier, while its core business is expected to see revenue grow to $730 million from $655 million.
Skyworks said it will eliminate nearly $70 million in annual costs and cut 425 jobs as a result of the baseband move. The company plans to record $85 million to $95 million in related charges, most of which are expected to be reported in its recently ended fiscal fourth quarter.
Skyworks backed its fourth-quarter targets for earnings of 5 cents a share, before items, and revenue of $197 million to $200 million. Analysts polled by Thomson First Call have an average estimate for earnings of 5 cents a share and revenue of $199 million for the September quarter.
Following the exit of the baseband business, the company anticipates fiscal 2007 revenue of $820 million to $840 million. The company expects earnings for the year to be 55 cents to 60 cents a share, before items, well above First Call's projection of 29 cents