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SWKS INVESTORS: Kirby McInerney LLP Reminds Skyworks Solutions, Inc. Investors of Important Deadline and Encourages Investors to Contact the Firm
SWKSSkyworks(SWKS) GlobeNewswire News Room·2025-03-26 00:00

Core Insights - A class action lawsuit has been filed against Skyworks Solutions, Inc. for failing to disclose material information regarding expected revenue during the Class Period from July 30, 2024, to February 5, 2025 [1][4] - Skyworks reported lower than anticipated revenue guidance for Q2 FY2025, attributing this to an intensified competitive landscape, leading to a significant share price decline of approximately 24% [3] Group 1 - The lawsuit is on behalf of investors who acquired Skyworks securities during the specified Class Period [1] - Investors have until May 5, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1] - Skyworks' share price fell from 87.08to87.08 to 65.60, a decrease of $21.39, following the announcement of its financial results [3] Group 2 - The complaint alleges that Skyworks failed to disclose material information about its expected revenue for FY2025 [4] - The law firm Kirby McInerney LLP specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [6]