Reports Q3 revenue $906M, consensus $900.4M. “Skyworks generated solid results and strong profitability consistent with our guidance,” said Liam K. Griffin, CEO. “Exiting the June quarter, our mobile business is ramping up while our broad markets business continues to recover. Over the medium-to-long-term, we expect generative AI applications will migrate to the edge, including the smartphone, driving a meaningful replacement cycle and leading to higher levels of RF complexity.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWKS:
- Citi adds ‘positive catalyst watch’ on Skyworks into earnings
- Skyworks Solutions (SWKS) Q3 Earnings Cheat Sheet
- Skyworks price target raised to $125 from $90 at Susquehanna
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Spirit Aero downgraded, Skyworks upgraded: Wall Street’s top analyst calls