Skyworks Solutions (SWKS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $2.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.97%. A quarter ago, it was expected that this chipmaker would post earnings of $1.95 per share when it actually produced earnings of $1.97, delivering a surprise of 1.03%.Over the last four quarters, the compa ...

OR Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ Commission file number 001-05560 Skyworks Solutions, Inc. (Exact name of registrant as specified in its charter) Dela ...

Exhibit 99.1 Media Relations: Constance Griffiths (949) 231-4207 constance.griffiths@skyworksinc.com Investor Relations: Raji Gill (949) 508-0973 raji.gill@skyworksinc.com Skyworks Reports Q2 FY24 Results IRVINE, Calif., Apr. 30, 2024 – Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high- performance analog and mixed-signal semiconductors connecting people, places and things, today reported second fiscal quarter results for the period ended March 29, 2024. Revenue for the second fiscal quarter of ...

JHVEPhoto In our previous analysis of Skyworks Solutions, Inc. (NASDAQ:SWKS), we highlighted its Broad Markets segment's growth was propelled by fast-growing end markets and believed the company’s Broad Markets would predominantly drive its future growth due to the high-growth end markets like data centers, offsetting stagnant revenue growth in its Mobile segment due to flattish demand for Apple's (AAPL) next-gen iPhone, which constituted 59% of Skyworks' revenue. Nevertheless, Skyworks' revenue growth ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Skyworks Solutions (SWKS) . This company, which is in the Zacks Semiconductors - Radio Frequency industry, shows potential for another earnings beat.When looking at the last two reports, this chipmaker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 2.89%, on average, in the l ...

Company and Industry Overview * **Company**: Skyworks Solutions, Inc. (NASDAQ: SWKS) * **Industry**: Semiconductor, Mobile and Wireless Technologies, IoT, Automotive, Data Center * **Key Focus**: Curated solutions for customers, strong technical expertise, in-house manufacturing capabilities Market Trends and Priorities * **Mobile and Wireless Technologies**: * Majority of revenue comes from mobile and wireless technologies, but the company is diversifying into other areas like automotive, data center, and IoT. * Skyworks focuses on mid to high-tier smartphones and has a strong position with Google and Samsung. * The company is well-positioned to capture opportunities in the Android ecosystem, including Google and Samsung. * Skyworks has a strong track record of design wins in the mobile ecosystem and continues to drive share. * **5G and AI**: * Skyworks sees significant opportunities in 5G, particularly in the high-end market where performance continues to improve. * The company believes AI will drive a whole new set of technologies in handheld devices, creating a significant opportunity for companies like Skyworks. * Skyworks is uniquely positioned to address the technical challenges of AI in smartphones due to its strong technical expertise and in-house manufacturing capabilities. * **Broad Markets**: * Skyworks has a strong position in IoT, with a large set of meaningful opportunities and revenue streams. * The company has made significant progress in the automotive market, with design wins with customers like Tesla. * Skyworks has a strong position in data center timing applications, with a growing portfolio of products and solutions. Financials and Strategy * **Revenue Growth**: Skyworks expects to see revenue growth in the broad markets segment, particularly in automotive and IoT. * **Capital Allocation**: Skyworks has a strong balance sheet and expects to use its cash for dividends, buybacks, and acquisitions. * **Acquisitions**: Skyworks has a history of successful acquisitions and plans to continue to look for opportunities to expand its portfolio and capabilities. Key Takeaways * Skyworks is a diversified semiconductor company with a strong focus on curated solutions for customers. * The company has a strong technical expertise and in-house manufacturing capabilities, positioning it well for growth in key markets like 5G, AI, IoT, automotive, and data center. * Skyworks has a strong balance sheet and plans to use its cash for dividends, buybacks, and acquisitions.

SolStock/E+ via Getty Images Skyworks Solutions (NASDAQ:SWKS) reported in-line results with solid guidance. Management noted a change in Android business with growth returning. The price of the stock traded lower quite a bit in the few days following the report. Skyworks' model, with its reporting approaches, makes covering and projecting future performance extremely difficult. Unlike our previous articles, such as Skyworks Solutions Temporarily Suffers From Stacked Channels, which referenced financial ...

It has been about a month since the last earnings report for Skyworks Solutions (SWKS) . Shares have lost about 2.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Skyworks due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Skyworks' Q1 Earnings Beat Estimates, Re ...

IRVINE, Calif.--(BUSINESS WIRE)--Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed-signal semiconductors connecting people, places and things, today announced that executives will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 5, 2024, at 9:30 a.m. PST from the Palace Hotel in San Francisco. The event will be webcast live and archived for replay for one week following the conference in the “Investors” section of ...

Skyworks Solutions (SWKS) reported first-quarter fiscal 2024 non-GAAP earnings of $1.97 per share, comfortably beating the Zacks Consensus Estimate by 1.03% and declining 23.9% year over year.Revenues of $1.20 billion dropped 9.6% on a year-over-year basis and missed the consensus mark by 0.19%.Mobile revenues contributed nearly 71% to total revenues and increased 7% sequentially.SWKS made investments in product development, particularly focusing on highly integrated platforms for leading mobile Original Eq ...