U.S. Markets closed

Skyworks Earnings, Revenue Beat in Q2

Investing.com - Skyworks (NASDAQ:SWKS) reported second quarter earnings that Beat analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.47 on revenue of $810.4M. Analysts polled by Investing.com forecast EPS of $1.43 on revenue of $809.97M. That compared to EPS of $1.64 on revenue of $913.4M in the same period a year earlier. The company had reported EPS of $1.83 on revenue of $972M in the previous quarter.

Skyworks follows other major Technology sector earnings this month

On April 24, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.

Apple earnings Beat analysts' expectations on Tuesday, with second quarter EPS of $2.46 on revenue of $58.02B. Investing.com analysts expected EPS of $2.37 on revenue of $57.58B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Related Articles

Apollo-backed Starboard in exclusive talks with Petrobras for 9 oilfields -sources

Beyond Meat's share price more than doubles in vegan burger maker's IPO

Founder, execs of drug company guilty in conspiracy that fed opioid crisis