Skyworks Solutions: Q3 Earnings Insights

Shares of Skyworks Solutions SWKS fell 0.3% after the company reported Q3 results.

Quarterly Results

Earnings per share were down 7.41% year over year to $1.25, which beat the estimate of $1.12.

Revenue of $736,800,000 decreased by 3.94% from the same period last year, which beat the estimate of $690,670,000.

Outlook

Skyworks Solutions hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 23, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/un98iq4e

Price Action

52-week high: $139.88

Company's 52-week low was at $67.90

Price action over last quarter: Up 29.31%

Company Profile

Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.