The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2025 in Skyworks Lawsuit

Core Viewpoint - The Gross Law Firm is notifying shareholders of Skyworks Solutions, Inc. about a potential class action lawsuit due to misleading statements regarding the company's revenue expectations for fiscal year 2025, which led to a significant drop in stock price following disappointing financial results [1][3]. Summary by Sections Class Action Details - Shareholders who purchased shares of Skyworks Solutions (SWKS) between July 30, 2024, and February 5, 2025, are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][3]. - The deadline for shareholders to register for the class action is May 5, 2025 [4]. Allegations and Financial Impact - The complaint alleges that Skyworks' management provided investors with overly optimistic information about the company's revenue and growth potential, particularly in the mobile business [3]. - On February 5, 2025, Skyworks announced its first-quarter financial results for fiscal year 2025, revealing lower-than-expected revenue guidance for the second quarter, attributing this to an intensified competitive landscape [3]. - Following this 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 [3]. Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the case [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements [5].