Blast from the Past: Skyworks Solutions (SWKS)


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


One of the top gainers of the day is a name we used to talk about quite a bit - Skyworks Solutions (SWKS)

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.  It is up some 19% today, and is taking some of its friends (such as Triquint Semi +8%) up with it.  It is certainly not a name I would be in ahead of earnings, as the chart was a horror show, but as a reader said in comments - we most likely have one very nice short squeeze going on here.  Based on the segments it is in, the stock action has been quite poor.



  • Revenue in the three months ended in June rose 27% to $356 million, yielding EPS of 49 cents per share.  Analysts had been expecting $345 million and EPS of 46 cents.
  • For the current quarter, the company sees revenue of $400 million and EPS of 53 cents, ahead of analysts $370 million and 50-cent-per-share consensus.
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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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