SWKS Stock Recent News

Skyworks' Mobile segment underperformed due to internal factors, losing market share to competitors like Qualcomm, despite a recovering smartphone market. The company experienced a 12% revenue decline from Apple, attributed to a 10% content loss. We believe Skyworks' focus on high-end partnerships with Google and Samsung limits its growth potential in the expanding low-end smartphone market.

Skyworks faces challenges from uneven demand and tough competition. Yet, its focus on 5G, IoT and AI signals a strong path to growth.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

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

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.