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Skyworks Solutions Shares Fall On Mixed Q2 Results, Weak Guidance
Skyworks Solutions, Inc. (NASDAQ:SWKS) reported its second-quarter financial results after the bell Tuesday. Here's a look at the details.
The Details: Skyworks Solutions reported quarterly earnings of $1.55 per share which beat the analyst consensus estimate of $1.52 by 1.97%.
Quarterly sales came in at $1.05 billion, in-line with the analyst consensus estimate, a 9.28% decrease from sales of $1.15 billion from the same period last year.
“Skyworks delivered solid results and strong cash generation ...