Skyworks Solutions Reports Q4 Earnings Beat but Issues Lower-Than-Expected December Revenue Guidance
Skyworks Solutions (SWKS) reported fourth-quarter non-GAAP earnings per share of $1.28, slightly exceeding analyst estimates by $0.01. The company's revenue for the quarter reached $1.05 billion, a 4.5% decrease year-over-year, though this figure surpassed consensus expectations by approximately $10 million. Despite the quarterly beat, market sentiment may be tempered by future outlooks. For the upcoming December quarter—the first as a combined company—Skyworks issued revenue guidance in the range of $1.80 billion to $1.90 billion. This projection falls below the consensus estimate of $2.00 billion, signaling potential headwinds for the next fiscal period.
Tickers: $SWKS
Topics: earnings beat financial results revenue guidance
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