Skyworks Exceeds Q3 FY18 Expectations
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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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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
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...
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