Price Crosses Moving Average
Previous Close | 99.36 |
Open | 99.81 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1000 |
Day's Range | 99.81 - 105.73 |
52 Week Range | 76.16 - 123.69 |
Volume | |
Avg. Volume | 1,879,669 |
Market Cap | 16.719B |
Beta (5Y Monthly) | 1.27 |
PE Ratio (TTM) | 15.16 |
EPS (TTM) | 6.93 |
Earnings Date | Aug 02, 2023 - Aug 07, 2023 |
Forward Dividend & Yield | 2.48 (2.36%) |
Ex-Dividend Date | May 26, 2023 |
1y Target Est | 118.68 |
Apple's announcement about the agreement seems like an excuse to show the world it is trying to buy American.
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...
Skyworks Solutions and Qorvo are part of the Zacks Industry Outlook article.
What initially started as a strong rally to start 2023 has quickly turned back into pessimism for Skyworks Solutions (NASDAQ: SWKS). Smartphone sales, especially of Android devices, are in the middle of a nasty downturn -- and that's dragging down Skyworks' expected rebound for its wireless network connectivity chips. This may come as a surprise, especially considering the great quarter of device sales slow-but-steady Apple just reported.
U.S. equity funds faced huge outflows in the week ended May 10, on caution over the U.S. debt ceiling and concerns over disappointing earnings forecasts from some top companies. According to Refinitiv Lipper, U.S. equity funds faced outflows worth $5.7 billion, which was their seventh consecutive week of outflows. Investors were looking for an update on plans for raising the U.S. debt ceiling during the week, and worries of a potential government default as early as June 1 loom over Washington, if Congress does not act to resolve the deadlock.
The accelerated deployment of 5G enhances the prospects of the Zacks Semiconductors - Radio Frequency industry players like Skyworks (SWKS) and Qorvo (QRVO) despite challenging macroeconomic conditions.
U.S. stock indexes closed lower on Tuesday as investors grew more cautious ahead of a U.S. consumer price index report and a meeting between U.S. political leaders to discuss the debt ceiling. Investors will look for clues on whether inflation is continuing to ease following the Labor Department's consumer price index (CPI) report on Wednesday. Talks over the U.S. debt ceiling are adding to caution in the market as traders were also waiting for an update on plans for the debt ceiling from a meeting between U.S. President Joe Biden, Republican House Speaker Kevin McCarthy and other congressional leaders at the White House.
Novavax plans to cut 25% of its workforce, Palantir posts a surprise profit in the first quarter and slightly lifts guidance for the fiscal year, and adjusted earnings at Shoals top estimates.
Chipmaker Skyworks Solutions matched Wall Street's targets for its fiscal second quarter but missed views with its outlook.
Major U.S. stock indexes closed lower on Tuesday as investors grew more cautious ahead of a U.S. consumer price index report and a meeting between U.S. political leaders to discuss the debt ceiling. Investors will look for clues on whether inflation is continuing to ease following the Labor Department's consumer price index (CPI) report on Wednesday. Talks over the U.S. debt ceiling are adding to caution in the market as traders were also waiting for an update on plans for the debt ceiling from a meeting between U.S. President Joe Biden, Republican House Speaker Kevin McCarthy and other congressional leaders at the White House.
Shares of Skyworks Solutions (NASDAQ: SWKS) were down 6% as of 1:11 p.m. ET on Tuesday following disappointing guidance issued in its fiscal second-quarter earnings report. The supplier of analog and mixed-signal semiconductors posted another sequential decline in revenue amid challenging conditions in the chip industry. After posting robust growth over a year ago, Skyworks has reported declining revenue for two consecutive quarters.
Skyworks' (SWKS) second-quarter fiscal 2023 results reflect strong automotive, infrastructure, and industrial end-markets, as well as the continued global shift to WiFi 6E and 7.
Adjusted gross margins clocked in at 50% for the second quarter, down slightly from the year prior, and management forecast a further decline.
On Monday evening Skyworks Solutions , the analog and mixed signal semiconductor designer and manufacturer, released the firm's fiscal second quarter financial results. For the three month period ended March 31st, Skyworks posted an adjusted EPS of $2.02 $1.46 on revenue of $1.153B. The adjusted EPS print fell one penny short of consensus view as revenue generation met Wall Street's expectations.
On the positive, both Action Alerts PLUS holdings Clear Secure and Coty posted better-than-expected March quarter results this morning and issued guidance that was above expectations. In addition, Clear Secure announced a special cash dividend of $0.20. Partly weighing on futures are quarterly results from last night from Skyworks and others, but also weaker than expected import/export data out of China.
Q2 2023 Skyworks Solutions Inc Earnings Call
U.S. stock indexes closed lower on Tuesday as investors grew more cautious ahead of a U.S. consumer price index report and a meeting between U.S. political leaders to discuss the debt ceiling. Talks over the U.S. debt ceiling are adding to caution in the market as traders were also waiting for an update on plans for the debt ceiling from a meeting between U.S. President Joe Biden, Republican House Speaker Kevin McCarthy and other congressional leaders at the White House. "Overall, it's a relatively mild day, but both the debt ceiling as well as the inflation are causing some anxiety," said Randy Frederick, managing director of trading and derivatives at the Schwab Center for Financial Research.
Investing.com -- Stocks in focus in premarket trade on Monday, May 9th. Please refresh for updates.
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday’s close: downgrades for Shopify, Skyworks Solutions, XPO, and Nabors Industries. Shares plunged nearly 10% premarket today after the company reported in-line Q2 earnings and worse-than-expected Q3 guidance as a challenging macro backdrop continues to weigh on the company's performance.
Investing.com -- Skyworks Solutions (NASDAQ:SWKS) reported Monday fiscal in-line second-quarter results, but the chip maker's guidance for the current quarter fell short of Wall Street estimates as a challenging macro backdrop continued to weigh on performance.
At this time, I will turn the call over to Mitch Haws, investor relations for Skyworks. With me today are Liam Griffin, our chairman, chief executive officer, and president; and Kris Sennesael, our chief financial officer.
Skyworks Solutions Inc (NASDAQ: SWKS) shares are falling after it reported second-quarter earnings, with sales meeting expectations and earnings missing estimates. The company also guided for the next quarter. Skyworks reported adjusted EPS of $2.02, missing estimates of $2.03 per share. However, the company's sales for the quarter came in at $1.15 billion against analyst estimates of $1.15 billion. The company generated second-quarter operating cash flow of $411.7 million. In other key achievem
Skyworks (SWKS) delivered earnings and revenue surprises of 0.50% and 0.33%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
IRVINE, Calif., May 08, 2023--Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed signal semiconductors connecting people, places and things, today reported second fiscal quarter results for the period ended March 31, 2023.
Investment management company Vulcan Value Partners recently released its first-quarter 2023 investor letter. A copy of the same can be downloaded here. The firm has five strategies, and all gained positive returns and outperformed their respective benchmark indexes in the first quarter. The fund’s Large-Cap Composite returned 14.0% net of fees and expenses, the Small Cap Composite returned […]