Skyworks Reports Q4 and Full Year FY20 Results

Go back to Skyworks Reports Q4 and Full Year FY20 Results

Skyworks Solutions (SWKS) PT Raised to $200 at Needham & Company

November 3, 2020 6:51 AM EST

Needham & Company analyst Rajvindra S. Gill raised the price target on Skyworks Solutions (NASDAQ: SWKS) to $200.00 (from $170.00) while maintaining a Buy rating.

The analyst commented, "We are increasing our price target to $200 (vs. $170) following a strong beat and raise quarter (revenue and EPS guide... More

Skyworks Solutions (SWKS) PT Raised to $174 at Mizuho Securities

November 3, 2020 6:33 AM EST

Mizuho Securities analyst Vijay Rakesh raised the price target on Skyworks Solutions (NASDAQ: SWKS) to $174.00 (from $170.00) while maintaining a Buy rating.

The analyst commented, "SWKS reported a very strong SepQ at $957M/$1.85/50.4%, well above cons. $842M/$1.54/50.1%, and guided to a much stronger DecQ... More

Skyworks Solutions (SWKS) Tops Q4 EPS by 33c, Revenues Beat; Offers 1Q EPS/Revenue Guidance, Offers FY21 EPS/Revenue Guidance Above Consensus

November 2, 2020 4:05 PM EST

Skyworks Solutions (NASDAQ: SWKS) reported Q4 EPS of $1.85, $0.33 better than the analyst estimate of $1.52. Revenue for the quarter came in at $957 million versus the consensus estimate of $842.37 million.

Delivers Q4 Revenue of $957 Million, up 30% Sequentially and 16% Y-o-YPosts Q4 GAAP Diluted EPS of $1.46; Non-GAAP Diluted EPS of $1.85Generates FY20 Revenue of $3.356 Billion with GAAP Diluted EPS of $4.80; Non-GAAP Diluted EPS of $6.13Returned $955 Million to Shareholders in FY20 via Dividends and Repurchase of 6.3 Million SharesGuides to Double-Digit Sequential Revenue and Earnings Growth in Q1 FY21

Skyworks significantly... More