Skyworks tumbles as sluggish smartphone market weighs on forecast
The chipmaker said first-quarter revenue and adjusted earnings will trail estimates as smartphone sales weaken and cost synergies from Qorvo begin to build.
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10 Articles
Skyworks Solutions profit drops 83% in final quarter report before Qorvo acquisition
“Today marks a new chapter for Skyworks,” Skyworks chief executive and president Phil Brace said in a statement. “Combining with Qorvo gives us the scale and the technology breadth to lead the next era of wireless, as AI moves from…
What Skyworks Solutions (SWKS) Said on Its Q4 Earnings Call
Skyworks Solutions (NASDAQ:SWKS) reported fourth-quarter fiscal 2026 results as a standalone company and outlined its first outlook as a combined business following the October 5 closing of its acquisition of Qorvo. Chief Executive Officer and President Phil Brace said the combination brings greate
Skyworks tumbles as sluggish smartphone market weighs on forecast
Nov 3 : Skyworks Solutions forecast first-quarter revenue and profit below Wall Street expectations on Tuesday, signaling persistent weakness in its core smartphone business.Shares of the chipmaker slumped more than 14 per cent in extended trading.Here are some details:• The company forecast f
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