SWKS Stock Recent News

Skyworks faces stiff competition and inventory issues. Its strong portfolio and design wins in the 5G and automotive sectors might boost recovery.

Skyworks Solutions, an analog and mixed-signal semiconductor company focusing on cellular system solutions, is now a $15 billion (by market cap) tech player. Skyworks Solutions has increased its dividend for 11 consecutive years, with a five-year dividend growth rate of 13.2%. SWKS moved its revenue from $2.3 billion in FY 2014 to $4.8 billion in FY 2023, a compound annual growth rate of 8.5%.

Skyworks' (SWKS) third-quarter fiscal 2024 results reflect strength in broad markets and edge IoT product line amid a challenging macroeconomic environment.

Skyworks Solutions Inc SWKS reported mixed third-quarter financial results on Tuesday.

Skyworks Solutions, Inc. (NASDAQ:SWKS ) Q3 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Raji Gill - Vice President of Investor Relations Liam Griffin - Chairman, Chief Executive Officer & President Kris Sennesael - Senior Vice President & Chief Financial Officer Conference Call Participants Matt Ramsay - TD Cowen Chris Caso - Wolfe Research Timothy Arcuri - UBS Christopher Rolland - Susquehanna Craig Ellis - B. Riley Securities Kevin Cassidy - Rosenblatt Securities Nick Doyle - Needham & Company Thomas O'Malley - Barclays Operator Good afternoon and welcome to Skyworks Solutions Third Quarter Fiscal Year 2024 Earnings Call.

Skyworks Solutions (SWKS) came out with quarterly earnings of $1.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.73 per share a year ago.

Skyworks Solutions reported a drop in third-quarter revenue, hurt by sluggish demand for chips used in the automotive industry, sending its shares down by nearly 5% in extended trading.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

NUREMBERG--(BUSINESS WIRE)--Skyworks Solutions, Inc. (Nasdaq: SWKS) is demonstrating its highly reliable power isolation solutions suitable for AI data servers and electric vehicle (EV) charging, including the newest addition to its isolation portfolio the Si82Fx, at PCIM Europe. The new Si82Ex and Si82Fx families of isolated gate driver solutions for power switching offer precise and matched timing specifications, selectable current output and high noise immunity that enable high-efficiency po.

Skyworks (SWKS) reported earnings 30 days ago. What's next for the stock?