Skyworks Earnings, Revenue beat In Q4

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Skyworks Earnings, Revenue beat In Q4
Credit: © Reuters.

Investing.com - Skyworks (NASDAQ: SWKS ) reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Skyworks announced earnings per share of $1.85 on revenue of $956.8M. Analysts polled by Investing.com anticipated EPS of $1.52 on revenue of $841.61M.

Skyworks shares are up 17.71% from the beginning of the year and are trading at $142.29 , down-from-52-week-high.They are outperforming the S&P 500 which is up 2.44% from the start of the year.

Skyworks follows other major Technology sector earnings this month

Skyworks's report follows an earnings beat by Apple on Thursday, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.

Microsoft had beat expectations on Tuesday, October 27, 2020 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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