Skyworks Solutions shares slip 4% on big drop in revenue [MarketWatch]
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: MarketWatch
Skyworks Solutions shares slip 4% on big drop in revenue Skyworks Solutions Inc. SWKS, +1.21% shares slipped 4% in after-hours trading Tuesday after the semiconductor company reported a big drop in fourth-quarter revenue year-over-year. Skyworks reported net income of $210.6 million, or $1.23 a share, compared with net income of $285.5 million, or $1.60 in the year-ago period. Revenue plunged 22% to $827.4 million from $1 billion a year ago. Analysts surveyed by FactSet had expected earnings of $1.50 a share on revenue of $825 million. Skyworks shares are up 51% this year. The S&P 500 index SPX, +0.16% has gained 23% this year.
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SWKS
News
- SWKS Plunges 23% YTD: How Should Investors Play the Stock? [Yahoo! Finance]Yahoo! Finance
- We Think You Can Look Beyond Skyworks Solutions' (NASDAQ:SWKS) Lackluster Earnings [Yahoo! Finance]Yahoo! Finance
- 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
SWKS
Earnings
- 11/12/24 - Beat
SWKS
Sec Filings
- 12/13/24 - Form 8-K
- 11/15/24 - Form 10-K
- 11/13/24 - Form 4
- SWKS's page on the SEC website