UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | February 5, 2008 |
Skyworks Solutions, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 1-5560 | 04-2302115 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
20 Sylvan Road, Woburn, Massachusetts | 01801 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 781-376-3000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
Skyworks Solutions, Inc. ("Skyworks" or the "Company") intends to affirm its outlook for the second fiscal quarter while at the Thomas Weisel Partners Technology Conference today at 10:20 AM Pacific Time. Skyworks anticipates that handset seasonality will be largely offset by growth from its Linear Products portfolio and multimode handset content gains in the second fiscal quarter. Accordingly, the Company anticipates delivering $200 million in revenue and diluted earnings per share of $0.15 on a non-GAAP basis in the seasonally low March quarter.
Estimated non-GAAP diluted earnings per share excludes approximately $5 million of FASB Statement No. 123(R)-related expenses.
Use of Non-GAAP Financial Measures
Skyworks Solutions, Inc. uses non-GAAP financial measures of operating results, net income and earnings per share, which are adjusted from results based on GAAP to exclude certain charges and non-recurring items. These non-GAAP financial measures are provided to enhance the user's o
verall understanding of our current financial performance and our prospects for the future. Specifically, we believe the non-GAAP financial measures provide useful information to both management and investors by excluding certain charges and non-recurring items that we believe are not indicative of our ongoing operations and economic performance. Additionally, since we have historically reported non-GAAP results to the investment community, the inclusion of non-GAAP financial measures provides consistency in our financial reporting. Further, these non-GAAP financial measures are one of the primary indicators management uses for planning and forecasting in future periods. The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with accounting principles generally accepted in the United States.
The information in Item 7.01 of this Form 8-K is intended to be furnished and shall not be deemed "filed" for purposes of Sectio
n 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Skyworks Solutions, Inc. | ||||
February 5, 2008 | By: |
/s/ Donald W. Palette
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Name: Donald W. Palette | ||||
Title: Vice President and Chief Financial Officer |