_________________
Date of report (Date of earliest event reported) July 23, 2003
(Exact Name of Registrant as Specified in Charter)
| Delaware | 1-5560 | 04-2302115 | ||||||
|---|---|---|---|---|---|---|---|---|
| (State or Other Jurisdiction | (Commission | (IRS Employer | ||||||
| of Incorporation) | File Number) | Identification No.) | ||||||
| 20 Sylvan Road, Woburn, Massachusetts | 01801 | ||||
|---|---|---|---|---|---|
| (Address of Principal Executive Offices) | (Zip Code) | ||||
| Registrant's telephone number, including area code | (781) 376-3000 |
Page 1 of 4 pages
Exhibit Index on page 4
In accordance with SEC Release No. 33-8126, the following information, which is intended
to be furnished under Item 12, "Results of Operations and Financial Condition," is instead being furnished under Item 9, "Regulation FD Disclosure."
This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated
by reference in any filing under the Securities Act of 1933, as amended , or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
On
July 23, 2003, Skyworks Solutions, Inc. announced its financial results for the three and nine months ended June 27, 2003. A copy of the press
release is attached hereto as Exhibit 99.1.
Use of Non-GAAP Financial Information
To supplement our consolidated financial statements presented in accordance with GAAP, Skyworks Solutions,
Inc. uses non-GAAP measures of operating results, net income and earnings per share, which are adjusted from
results based on GAAP to exclude certain expenses. These non-GAAP adjustments are provided to enhance the user’s
overall understanding of our current financial performance and our prospects for the future. Specifically, we
believe the non-GAAP results provide useful information to both management and investors by excluding certain
expenses that we believe are not indicative of our ongoing operations. Additionally, since we have historically
reported non-GAAP results to the investment community, we believe the inclusion of non-GAAP numbers provides
consistency in our financial reporting. Further, these non-GAAP results 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.
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.
| Date: July 23, 2003 | By: /s/ Paul E. Vincent Paul E. Vincent Chief Financial Officer, Treasurer and Secretary |
| EXHIBIT NO. | DESCRIPTION | |
|---|---|---|
| 99.1 | Press Release dated July 23, 2003, announcing Skyworks Solutions, Inc.’s financial results for the three and nine months ended June 27, 2003 |