Skyworks Solutions Inc. Stock Buy Recommendation Reiterated (SWKS)
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- The revenue growth came in higher than the industry average of 11.0%. Since the same quarter one year prior, revenues rose by 15.2%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- SWKS has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 4.05, which clearly demonstrates the ability to cover short-term cash needs.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income increased by 16.4% when compared to the same quarter one year prior, going from $57.13 million to $66.49 million.
- Net operating cash flow has significantly increased by 91.21% to $147.68 million when compared to the same quarter last year. In addition, SKYWORKS SOLUTIONS INC has also vastly surpassed the industry average cash flow growth rate of -93.00%.
--Written by a member of TheStreet Ratings Staff. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
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