Skyworks Earnings, Revenue beat In Q1
Investing.com - Skyworks (NASDAQ: SWKS ) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Skyworks announced earnings per share of $3.14 on revenue of $1.51B. Analysts polled by Investing.com anticipated EPS of $3.1 on revenue of $1.5B.
Skyworks shares are down 10.7% from the beginning of the year and are trading at $135.00 , down-from-52-week-high.They are outperforming the Nasdaq which is down 11.29% from the start of the year.
Skyworks shares lost 2.56% in after-hours trade the report.
Skyworks follows other major Information Technology sector earnings this month
Skyworks's report follows an earnings beat by Apple on Thursday, January 27, 2022, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.71B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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