Skyworks Exceeds Q3 FY18 Expectations

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Piper Jaffray Remains Bullish on Skyworks Solutions (SWKS) Following 3Q Report

July 20, 2018 8:00 AM EDT

Piper Jaffray reiterated an Overweight rating and $115.00 price target on Skyworks Solutions (NASDAQ: SWKS) following the company's 3Q earnings report. Skyworks reported results that were slightly ahead of expectations, with EPS of $1.64 on revenues of $894.3 million exceeding Street expectations of $1.60 on $889 million.

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Skyworks Solutions (SWKS) PT Raised to $118 at Needham & Company

July 20, 2018 6:51 AM EDT

Needham & Company raised its price target on Skyworks Solutions (NASDAQ: SWKS) to $118.00 (from $110.00) while maintaining a Buy rating.

Analyst N. Quinn Bolton commented, "SWKS F3Q18 results and F4Q18 guidance beat expectations. The Broad Markets business grew... More

Skyworks Solutions (SWKS) Tops Q3 EPS by 4c, Revenues Beat; Offers Q4 EPS/Revenue Outlook Above Consensus

July 19, 2018 4:18 PM EDT

Skyworks Solutions (NASDAQ: SWKS) reported Q3 EPS of $1.64, $0.04 better than the analyst estimate of $1.60. Revenue for the quarter came in at $894.3 million versus the consensus estimate of $889.05 million.

Delivers Revenue of $894.3 MillionGAAP Operating Margin 34.3%; Non-GAAP Operating Margin 36.3%Record Q3 Diluted EPS: GAAP $1.57; Non-GAAP $1.64Returns $298.0 Million to Shareholders via Share Buybacks and DividendsGuides Q4 FY18 Revenue up... More