Skyworks Solutions (SWKS) Lowers Q1 Guidance

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Skyworks Updates Q1 FY19 Guidance and Sets Date for Q1 FY19 Earnings Release and Conference Call

January 8, 2019 4:30 PM EST

IRVINE, Calif.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today updated its guidance for the first fiscal quarter ended December 28, 2018. The company now expects:

Revenue of approximately $970 million, compared to the prior guidance of revenue between $1.000 billion and $1.020 billion; and Non-GAAP diluted earnings per share in the range of $1.81 to $1.84, compared to the prior guidance of $1.91 at the midpoint of the prior guidance revenue range.

First fiscal quarter results were... More