Skyworks Solutions (NASDAQ:SWKS) just disclosed its Q1 earnings on Wednesday, February 5, 2025 at 04:01 PM.
Here's a brief overview of the earnings report.
Earnings
Skyworks Solutions beat estimated earnings by 2.0%, reporting an EPS of $1.6 versus an estimate of $1.57.
Revenue was down $133.00 million from the same period last year.
Performance in Previous Earnings
In the previous quarter, the company beat on EPS by $0.03, resulting in a 4.0% drop change in the share price the following day.
Here's a look at Skyworks Solutions's past performance:
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Skyworks Solutions management provided guidance for Q2 2025, expecting earnings between $1.2 and $1.2 per share.
To track all earnings releases for Skyworks Solutions visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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