Skyworks Exceeds Q1 FY20 Expectations
Skyworks Solutions, Inc. (SWKS)
Last skyworks solutions, inc. earnings: 1/23 04:01 pm
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US:NASDAQ Investor Relations:
investors.skyworksinc.com/investor-relations
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Source: Business Wire
Delivers Revenue of $896 Million, Up 8% SequentiallyPosts GAAP Diluted EPS of $1.50; Non-GAAP Diluted EPS of $1.68Generates $398 Million in Cash Flow from OperationsGuides to Better-than-Seasonal Revenue Trends in Q2 FY20 IRVINE, Calif.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today reported first fiscal quarter results for the period ended December 27, 2019.Revenue for the first fiscal quarter of 2020 was $896.1 million, up 8 percent sequentially, exceeding the high end of the revenue guidance range, as well as consensus estimates. On a GAAP basis, operating income for the first fiscal quarter of 2020 was $277.3 million with diluted earnings per share of $1.50. On a non-GAAP basis, operating income was $315.4 million with non-GAAP diluted earnings per share of $1.68, or $0.03 better than guidance and consensus estimates.“Skyworks exceeded December quarter expectations dri
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News
- Skyworks Solutions (SWKS) Beats Q4 Estimates: AI-Driven Smartphone Demand to Boost Holiday Sales [Yahoo! Finance]Yahoo! Finance
- Skyworks Solutions, Inc. (NASDAQ: SWKS) had its price target lowered by analysts at B. Riley from $120.00 to $110.00. They now have a "buy" rating on the stock.MarketBeat
- Skyworks Solutions, Inc. (NASDAQ: SWKS) had its price target lowered by analysts at Citigroup Inc. from $83.00 to $72.00. They now have a "sell" rating on the stock.MarketBeat
- Skyworks Solutions Faces Headwinds: Analysts Slash Price Forecasts Amid Weak Guidance And Inventory Challenges [Yahoo! Finance]Yahoo! Finance
- Skyworks Solutions, Inc. (NASDAQ: SWKS) had its price target lowered by analysts at Piper Sandler from $95.00 to $85.00. They now have a "neutral" rating on the stock.MarketBeat
SWKS
Earnings
- 11/12/24 - Beat
SWKS
Sec Filings
- 11/15/24 - Form 10-K
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- SWKS's page on the SEC website