13 June 2011

Skyworks named to Globe 100 for third year, rising from 42nd to 8th

Skyworks Solutions Inc of Woburn, MA, USA, which manufactures high-reliability analog and mixed-signal semiconductors, has been named to the Boston Globe's list of top performing public companies in Massachusetts for the third consecutive year, with its ranking rebounding to 8th for 2010, after falling from 15th for 2008 to 42nd for 2009.

Now in its 23rd year, the Globe 100 ranking is based on several financial factors including year-over-year revenue growth and profit margin, as well as return on average equity. This year, only 90 Massachusetts companies were named to the Globe 100 list, which reflects the lingering effects of the challenging economic climate. Last year only 82 companies made the list.

“Last year Skyworks delivered $1.1bn in revenue, achieved the highest profitability in the company's history and solidified our number-one position in analog semiconductor solutions for mobile devices,” says president & CEO David J. Aldrich. “This year is off to an even stronger start and, as a result, we look forward to improving our position within the Globe 100 next year.”

The Globe 100 list ranks Massachusetts-based companies whose stock is publicly traded on NASDAQ, the New York Stock Exchange, or the American Stock Exchange. Rankings are based on financial data for the four quarters ending closest to 31 December 2010, and for corresponding quarters a year earlier. To qualify for the Globe 100, a firm must have been public for the entire 2010 calendar year and reported revenue and profit for both 2009 and 2010. Companies are ranked on four criteria: return on average equity, one-year percentage change in revenue, one-year percentage change in profit margin, and 2010 revenue.

Tags: Skyworks

Visit: www.boston.com/globe100

Visit: www.skyworksinc.com