Shares of Skyworks Solutions SWKS moved lower by 1.5% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 21.71% year over year to $1.85, which beat the estimate of $1.52.
Revenue of $956,800,000 up by 15.64% year over year, which beat the estimate of $842,370,000.
Outlook
Skyworks Sees Q1 Adj. EPS Of $2.06 At Midpoint vs $1.80 Est., Sales $1.04B-$1.07B vs $935.44M Est.
Conference Call Details
Date: Nov 02, 2020
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/zasm3oya
Technicals
52-week high: $158.61
Company's 52-week low was at $67.90
Price action over last quarter: Up 11.16%
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.
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