Q3 adjusted operating income:$182 million, versus consensus of $172.17 million from 17 analysts.
Skyworks said broad markets growth was led by double-digit gains in the automotive and data center segments. The company also said its mobile segment performed well on healthy demand.
Fourth-quarter outlook and capital return
Skyworks said it expects fiscal fourth-quarter revenue of between $1.01 billion and $1.06 billion.
The company expects fourth-quarter non-GAAP diluted EPS of $1.27 at the midpoint of its revenue range.
Skyworks board approved the new $2 billion stock repurchase program, and quarterly dividends were suspended.
Skyworks beats fiscal Q3 estimates and announces buyback
Skyworks, the U.S. analog semiconductor maker, said its fiscal third-quarter revenue and adjusted earnings per share beat analyst expectations.
The company also announced a new $2 billion stock repurchase program as part of its capital allocation framework.
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