Skyworks Earnings, Revenue beat In Q3

Investing.com - Skyworks (NASDAQ: SWKS ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Skyworks announced earnings per share of $2.15 on revenue of $1.12B. Analysts polled by Investing.com anticipated EPS of $2.14 on revenue of $1.1B.
Skyworks shares are down 15% from the beginning of the year and are trading at $187.91 , down-from-52-week-high.They are under-performing the Nasdaq which is up 14.66% from the start of the year.
Skyworks shares lost 4.50% in after-hours trade the report.
Skyworks follows other major Technology sector earnings this month
Skyworks's report follows an earnings missed by Taiwan Semiconductor on Thursday, July 15, 2021, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.
Snap had beat expectations on Thursday, July 22, 2021 with second quarter EPS of $-0.1 on revenue of $982.11M, compared to forecast for EPS of $-0.1814 on revenue of $845.61M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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