Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Skyworks Solutions, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's expected revenue for fiscal year 2025, which led to a significant drop in stock price following disappointing financial results [1]. Group 1: Allegations and Financial Impact - The allegations state that defendants provided investors with material information about Skyworks' expected revenue, expressing confidence in the company's ability to grow its mobile business and invest in new technologies [1]. - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for Q2 of fiscal year 2025, attributing this to an intensified competitive landscape [1]. - Following the announcement, Skyworks' stock price plummeted from $87.08 per share to $65.60 per share on February 6, 2025, marking a decline of over 24% in one day [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 30, 2024, to February 5, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is May 5, 2025, and there is no cost or obligation to participate in the case [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that artificially inflated stock prices [3].

Core Viewpoint - A class action lawsuit has been filed against Skyworks Solutions, Inc. for allegedly misleading investors regarding its business prospects and financial outlook during a specific period [1][2]. Allegations - The complaint claims that Skyworks created a false impression of having reliable information about its projected revenue and growth, while downplaying risks associated with smartphone upgrade cycles and macroeconomic factors [2]. - It is alleged that the company's optimistic reports on growth, earnings potential, and margins were not reflective of reality, as they overly depended on a partnership with its largest customer and the launch of that customer's new phone [2]. Stock Price Impact - Following the revelation of the truth in a press release on February 5, 2025, Skyworks' stock price plummeted from $87.08 to $65.60 per share, marking a decline of over 24% in just one day [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by May 5, 2025, and can choose to remain absent class members if they do not wish to participate [4]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [5].

Core Viewpoint - A class action lawsuit has been filed against Skyworks Solutions, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Skyworks securities between July 30, 2024, and February 5, 2025 [2]. - The Complaint alleges that Defendants provided misleading information regarding Skyworks' expected revenue for fiscal year 2025, including claims of confidence in expanding its mobile business and investing in new technologies [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Skyworks have until May 5, 2025, to request to be appointed as lead plaintiff in the case [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - The law firm Bronstein, Gewirtz & Grossman represents investors on a contingency fee basis, meaning they will only collect fees if successful in the lawsuit [5]. - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [6].

Core Viewpoint - The Skyworks Solutions, Inc. class action lawsuit alleges that the company and its executives made misleading statements regarding the company's revenue outlook and growth potential, leading to significant stock price declines after disappointing financial results were announced [3][4]. Group 1: Class Action Details - The class action lawsuit is titled Nunez v. Skyworks Solutions, Inc., and covers purchasers of Skyworks securities from July 30, 2024, to February 5, 2025, with a deadline of May 5, 2025, for lead plaintiff applications [1]. - The lawsuit claims that Skyworks executives created a false impression of reliable revenue projections while downplaying risks associated with smartphone upgrade cycles and macroeconomic factors [3]. - On February 5, 2025, Skyworks reported lower-than-expected financial results for Q1 FY2025 and provided disappointing revenue guidance for Q2 FY2025, attributing this to an intensified competitive landscape, resulting in a stock price drop of over 24% [4]. Group 2: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Skyworks securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases, significantly more than any other firm in recent years [6].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Skyworks Solutions, Inc. due to misleading statements regarding its financial performance and client relationships, particularly with Apple, leading to significant investor losses [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Skyworks between July 30, 2024, and February 5, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Skyworks, with a deadline of May 5, 2025, for investors to seek the role of lead plaintiff [2][6]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. Group 2: Financial Performance and Market Reaction - On February 5, 2025, Skyworks announced lower-than-expected revenue guidance for Q2 FY2025, attributing this to an intensified competitive landscape [5]. - Following the announcement, Skyworks' stock price plummeted from $87.08 to $65.60 per share, a decline of over 24% in one day [5]. Group 3: Misleading Statements and Investor Impact - The complaint alleges that Skyworks provided overly optimistic statements about its revenue and growth potential while concealing adverse facts about its client base and reliance on Apple [4]. - Investors were misled into purchasing Skyworks' securities at artificially inflated prices due to these misleading statements [4].

Core Points - A shareholder class action lawsuit has been filed against Skyworks Solutions, Inc. alleging that the company made materially false or misleading statements regarding its mobile business expansion and client base [1] - The lawsuit specifically targets investors who purchased shares between July 30, 2024, and February 5, 2025, and experienced significant losses [2] - The deadline for potential lead plaintiffs to file their applications is set for May 5, 2025 [3] Company Information - Skyworks Solutions, Inc. is facing legal challenges related to allegations of misleading statements that may have impacted investor decisions [1] - The law firm Holzer & Holzer, LLC, known for its focus on shareholder litigation, is representing the plaintiffs in this case [3] - Holzer & Holzer has a history of recovering substantial amounts for shareholders affected by corporate misconduct [3]

Core Insights - Skyworks Solutions, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices [1] - The company reported a significant decline in quarterly revenue for the fiscal quarter ended December 27, 2024, with expectations of a mid-to-high teens sequential decline in mobile revenue [2] - Following the financial results announcement, Skyworks' stock price dropped by $21.48 per share, or 24.67%, closing at $65.60 on February 6, 2025 [2] Company Developments - Skyworks appointed Philip Brace as the new President and Chief Executive Officer, effective February 17, 2025 [2] - The investigation by Bragar Eagel & Squire, P.C. is aimed at protecting the rights of Skyworks stockholders who may have suffered losses [1][3] Legal Context - Bragar Eagel & Squire, P.C. is a law firm that specializes in representing investors in complex litigation, including securities-related cases [4]

Group 1 - The investor has experienced multiple market crashes, including those in 1987, 2000, and 2008, indicating a long-term perspective on market volatility [1] - The investor utilizes trading systems developed with TradeStation, suggesting a reliance on technology for trading strategies [1] - The investor has a background as a process control engineer and holds a JD, which may contribute to a disciplined and analytical approach to investing [1] Group 2 - The analyst has a beneficial long position in SWKS shares, indicating confidence in the company's future performance [2] - The article expresses the author's own opinions without external compensation, emphasizing independence in analysis [2] - The company engages in selling calls on its shares, which may indicate a strategy to generate income from existing holdings [2]

Core Insights - Skyworks Solutions, Inc. is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - The company reported a significant decline in quarterly revenue for the fiscal quarter ending December 27, 2024, with expectations of a mid-to-high teens sequential decline in mobile revenue [2] - Following the financial results announcement, Skyworks' stock price dropped by $21.48 per share, or 24.67%, closing at $65.60 on February 6, 2025 [3] Financial Performance - Skyworks reported a greater than anticipated decline in quarterly revenue for the fiscal quarter ended December 27, 2024 [2] - The company anticipates a mid-to-high teens sequential decline in mobile revenue [2] Management Changes - Philip Brace has been appointed as the new President and Chief Executive Officer of Skyworks, effective February 17, 2025 [2]

Core Insights - Skyworks Solutions (SWKS) reported non-GAAP earnings of $1.60 per share for Q1 fiscal 2025, exceeding the Zacks Consensus Estimate by 1.91% but down 18.8% year-over-year [1] - Revenues for the quarter were $1.07 billion, a decline of 11.1% year-over-year, yet surpassing the consensus estimate by 0.31% [2] - Mobile revenues accounted for nearly 67% of total revenues, showing a sequential increase of 6%, driven by successful product launches and the growing adoption of generative AI in smartphones [2] Revenue and Market Performance - The adoption of Wi-Fi 6e and 7 systems has increased demand for Skyworks' RF solutions, contributing to a multi-year upgrade cycle [3] - Broad Markets experienced modest growth, with a year-over-year increase of 2%, supported by demand signals and backlog improvements in automotive electrification, edge IoT, and AI data centers [3] - Skyworks' shares have decreased by 9.7% over the past six months, contrasting with a 19.5% rise in the Zacks Computer and Technology sector [4] Operating and Financial Metrics - Non-GAAP gross margin decreased by 20 basis points year-over-year to 46.5% [5] - Research & development expenses rose by 380 basis points year-over-year to 16.5% of revenues, while selling, general, and administrative expenses increased by 120 basis points to 7.7% [5] - Non-GAAP operating margin contracted by 380 basis points year-over-year to 26.7% [5] Balance Sheet and Cash Flow - As of December 27, 2024, cash and cash equivalents along with marketable securities totaled $1.75 billion, up from $1.57 billion as of September 27, 2024 [6] - Long-term debt remained steady at $994 million, and cash generated by operating activities was $377.2 million, down from $476 million in the previous quarter [6] - Free cash flow was reported at $338.2 million, reflecting a 31.7% free cash flow margin [6] Dividend and Guidance - The company paid dividends amounting to $112 million in the reported quarter [7] - For Q2 fiscal 2025, Skyworks expects revenues between $935 million and $965 million, with non-GAAP diluted earnings projected at $1.20 per share at the midpoint of the revenue range [8] Zacks Rank and Comparables - Skyworks currently holds a Zacks Rank 3 (Hold) [10] - Other stocks in the sector with better rankings include Akamai Technologies (Zacks Rank 2), Bel Fuse (Zacks Rank 2), and Arista Network (Zacks Rank 1) [10]