Reports Q4 revenue $1.1B, consensus $1.05B. “This was our third straight quarter of strong execution, with revenue and non-GAAP EPS both exceeding expectations,” said Phil Brace, chief executive officer and president of Skyworks (SWKS). “In Mobile, underlying demand trends remain solid, supported by healthy sell-through and new product launches. Looking ahead, we expect rising AI-driven data traffic to drive greater RF complexity, an area where Skyworks is well positioned. Broad markets growth was led by Wi-Fi 7 adoption, strong automotive sales, and product ramps in data center and cloud infrastructure.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWKS:
