Shares of Skyworks Solutions (NASDAQ:SWKS) moved lower in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 76.87% over the past year to $2.37, which beat the estimate of $2.35.
Revenue of $1,172,000,000 up by 52.98% from the same period last year, which beat the estimate of $1,150,000,000.
Outlook
Q3 EPS expected between $2.13 and $2.13.
Q3 revenue expected to be between $1,075,000,000 and $1,125,000,000.
Details Of The Call
Date: Apr 29, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/yojjv9iq
Recent Stock Performance
Company’s 52-week high was at $201.99
Company’s 52-week low was at $96.73
Price action over last quarter: Up 16.80%
Company Description
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks’ customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
