Skyworks Solutions, Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported net revenue of $914.3 million compared to $926.8 million a year ago. Operating income was $321.9 million compared to $330.5 million a year ago. Income before income taxes was $321.1 million compared to $418.2 million a year ago. Net income was $257.8 million or $1.38 per diluted share compared to $355.3 million or $1.82 per diluted share a year ago. Non-GAAP operating income was $354.3 million compared to $366.6 million a year ago. Non-GAAP net income was $301.6 million or $1.61 per diluted share compared to $311.2 million or $1.60 per diluted share a year ago. Net cash provided by operations was $495.9 million compared to $345.3 million a year ago. Capital expenditures were $50.1 million compared to $79.5 million a year ago.


For the second quarter of 2017, the company expects revenue to be $840 million. EPS is expected to be at $1.40 per share.