Skyworks Exceeds Q1 FY20 Expectations

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Skyworks Solutions (SWKS) PT Raised to $145 at Needham & Company

January 24, 2020 6:27 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Skyworks Solutions (NASDAQ: SWKS) to $145.00 (from $120.00) while maintaining a Buy rating.

The analyst commented, "We are raising our PT to $145 (vs. $120), as SWKS delivered a beat and raise qrt., driven by... More

Skyworks Solutions (SWKS) Tops Q1 EPS by 3c; Issues Solid Outlook

January 23, 2020 4:03 PM EST

Skyworks Solutions (NASDAQ: SWKS) reported Q1 EPS of $1.68, $0.03 better than the analyst estimate of $1.65. Revenue for the quarter came in at $896 million versus the consensus estimate of $880.6 million.

Skyworks exceeded December quarter expectations driven by global demand for our high performance connectivity engines,... More