Skyworks Exceeds Q2 FY17 Expectations

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Skyworks Solutions (SWKS) PT Raised to $120 at Drexel Hamilton

April 28, 2017 8:50 AM EDT

Drexel Hamilton raised its price target on Skyworks Solutions (NASDAQ: SWKS) to $120.00 (from $105.00) while maintaining a Buy rating. The March and June upside was largely driven by program ramps and content gains at Samsung and Huawei, with both now just larger than 10%... More

Skyworks Solutions (SWKS) Tops Q2 EPS by 5c

April 27, 2017 4:35 PM EDT

Skyworks Solutions (NASDAQ: SWKS) reported Q2 EPS of $1.45, $0.05 better than the analyst estimate of $1.40. Revenue for the quarter came in at $851.7 million versus the consensus estimate of $840.39 million.

GUIDANCE:

Skyworks Solutions sees Q3 2017 EPS of $1.52, versus the consensus of $1.49. Skyworks... More