Shares of Skyworks Solutions SWKS rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 100.00% over the past year to $3.36, which beat the estimate of $2.08.
Revenue of $1,510,000,000 higher by 68.51% year over year, which beat the estimate of $1,060,000,000.
Guidance
Q2 EPS expected between $2.34 and $2.34.
Q2 revenue expected to be between $1,125,000,000 and $1,175,000,000.
Conference Call Details
Date: Jan 28, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/yyrph7hb
Recent Stock Performance
52-week high: $170.69
Company's 52-week low was at $67.90
Price action over last quarter: Up 15.12%
Company Overview
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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