Profile
Sector:
TechnologyIndustry:
SemiconductorsCountry:
United StatesIPO:
07 September 1984Website:
http://www.skyworksinc.comNext earnings report:
30 January 2025Last dividends:
20 August 2024Next dividends:
03 December 2024Price
pre-market | 8 min agoAnalysts recommendations
Institutional Ownership
SWKS Latest News
Skyworks Solutions, Inc. shared mixed results for Q4, showing revenue growth compared to the previous quarter, but declines compared to last year, which has affected how investors feel about the company. I think that the upcoming smartphone refresh cycle, fueled by AI and 5G technology, will greatly help Skyworks in 2025. Additionally, the company has a solid cash position and lower debt, which reduces the risk of financial trouble, even though it is facing some profitability issues right now.
SWKS's results for the fourth quarter show significant growth in mobile, but this is balanced out by high inventory levels, inconsistent demand, and a slow recovery in the automotive and industrial sectors.
Skyworks Solutions Inc (SWKS) shares fell on Wednesday following the release of their fourth-quarter results, and multiple analysts have lowered their price targets.
Skyworks Solutions (SWKS) reported quarterly earnings of $1.55 per share, which is higher than the Zacks Consensus Estimate of $1.52 per share. This is a decrease compared to earnings of $2.20 per share from the same period last year.
Skyworks Solutions, Inc. (Nasdaq: SWKS) has received IATF 16949 automotive certification for its locations in Newbury Park, California; Woburn, Massachusetts; Mexicali, Mexico; Osaka, Japan; and Bedok, Singapore, as well as support sites in Irvine, California; Andover, Massachusetts; Ottawa, Canada; Seoul, Korea; and Ang Mo Kio, Singapore. With its wide range of products, Skyworks is a leading global provider of high-performance analog and mixed-signal solutions for the automotive sector.
Skyworks is dealing with tough competition and problems with inventory. However, its solid range of products and successes in the 5G and automotive markets could help it bounce back.
Skyworks Solutions is a semiconductor company that specializes in analog and mixed-signal technology for cellular systems, and it now has a market value of $15 billion. The company has raised its dividend for 11 years in a row, with a growth rate of 13.2% over the last five years. Additionally, Skyworks Solutions has seen its revenue grow from $2.3 billion in fiscal year 2014 to $4.8 billion in fiscal year 2023, reflecting an annual growth rate of 8.5%.
Skyworks' (SWKS) results for the third quarter of fiscal 2024 show strong performance in various markets and their edge IoT product line, despite a tough economic situation.
Skyworks Solutions Inc (SWKS) announced its third-quarter financial results on Tuesday, which showed a mix of positive and negative outcomes.
Skyworks Solutions announced a decrease in revenue for the third quarter, affected by weak demand for chips used in cars, which caused its stock to fall by almost 5% in after-hours trading.
What type of business is Skyworks Solutions?
Skyworks Solutions, Inc. is an American company engaged in the design, development, manufacturing, and sale of semiconductor products for further use in radio frequency and mobile communication systems. It was founded in 1962 as Alpha Industries, Inc. In 2002, it changed its name as a result of a merger with the wireless communication division of Conexant Systems, Inc. The company offers a wide range of radio and analog solutions from transceivers to antennas, as well as all necessary solutions for the production process. The significant product portfolio of Skyworks Solutions, Inc. includes: amplifiers, antenna tuners, attenuators, isolators, DC-DC converters, demodulators, detectors, diodes, directional couplers, various receiver modules, filters, external modules, LED drivers, low noise amplifiers, and others.
What sector is Skyworks Solutions in?
Skyworks Solutions is in the Technology sector
What industry is Skyworks Solutions in?
Skyworks Solutions is in the Semiconductors industry
What country is Skyworks Solutions from?
Skyworks Solutions is headquartered in United States
When did Skyworks Solutions go public?
Skyworks Solutions initial public offering (IPO) was on 07 September 1984
What is Skyworks Solutions website?
https://www.skyworksinc.com
Is Skyworks Solutions in the S&P 500?
Yes, Skyworks Solutions is included in the S&P 500 index
Is Skyworks Solutions in the NASDAQ 100?
No, Skyworks Solutions is not included in the NASDAQ 100 index
Is Skyworks Solutions in the Dow Jones?
No, Skyworks Solutions is not included in the Dow Jones index
When was Skyworks Solutions the previous earnings report?
No data
When does Skyworks Solutions earnings report?
The next expected earnings date for Skyworks Solutions is 30 January 2025