tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Skyworks sees Q1 EPS $1.57 at mid-point of revenue range, consensus $1.72

Sees Q1 revenue $1.05B-$1.08B, consensus $1.1B. “For the December quarter, we expect revenue to be $1.05 billion to $1.08 billion with non-GAAP diluted earnings per share of $1.57 at the mid-point of the revenue range,” said Kris Sennesael, senior vice president and chief financial officer of Skyworks (SWKS). “We expect our mobile business to be up mid-single digits sequentially, driven by seasonal product ramps. In broad markets, despite excess inventory in select segments, we anticipate further modest sequential growth, and a return to year-over-year growth.”

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>>

Disclaimer & DisclosureReport an Issue

1