Skyworks Solutions develops analog and mixed-signal semiconductors for wireless connectivity and embedded systems. Company news commonly covers RF front-end products, power amplifiers, digital isolators, timing and power technologies, and connectivity solutions used in smartphones, broadband, automotive, industrial, medical, aerospace, defense, connected-home and wearable applications.
Recurring updates also include earnings releases, business outlook discussions, investor conference participation, product demonstrations for next-generation wireless platforms, and capital-structure or governance matters. Recent product coverage has included the Si86Px digital isolator family with integrated power and RF front-end modules for advanced wireless and broadband applications.
Skyworks Solutions (Nasdaq: SWKS) will participate in the Raymond James Technology Investors Conference on Dec. 7, 2021, at 8:30 a.m. PST. The event will be webcast live and available for replay on Skyworks’ website for one week post-conference. As a leader in high-performance analog semiconductors, Skyworks connects diverse applications including aerospace, automotive, and wireless networking technologies. The company's innovative solutions are critical to advancing connectivity in various markets.
Skyworks Solutions (SWKS) announced its Q4 FY21 results, achieving record revenue of $1.311 billion, up 17% sequentially and 37% year-over-year. The company reported GAAP diluted EPS of $1.95, a 34% increase Y-o-Y, and non-GAAP diluted EPS of $2.62, up 42% YoY. Full-year revenue reached $5.109 billion, with a GAAP diluted EPS increase of 87%. Skyworks anticipates continued growth in Q1 FY22, guiding revenue between $1.475 billion and $1.525 billion. A cash dividend of $0.56 per share was also declared.
Silicon Labs (NASDAQ: SLAB) reported robust third-quarter results, with revenue reaching $185 million, a 39% year-on-year increase and a 9% sequential rise. The company completed the divestiture of its Infrastructure and Automotive business to Skyworks Solutions (NASDAQ: SWKS) for $2.75 billion. Non-GAAP diluted earnings per share stood at $0.34, while GAAP diluted loss per share was $(0.45). Looking ahead, the company anticipates fourth quarter revenue between $195-$205 million and has authorized a $400 million stock repurchase program.
Skyworks Solutions (NASDAQ: SWKS) will hold a conference call on Nov. 4, 2021 at 4:30 p.m. EDT to discuss its fourth quarter and fiscal year 2021 results and outlook. The earnings release will be issued after market close on the same day and can be accessed via Skyworks’ investor relations site. A playback of the call will be available from 9 p.m. EDT on Nov. 4 until Nov. 11. Skyworks specializes in high-performance analog semiconductors across multiple markets.
Skyworks Solutions, Inc. (Nasdaq: SWKS) will participate in the Piper Sandler Global Technology Conference on September 13, 2021, at 4:30 p.m. EDT. This event will showcase the company's innovations in high-performance analog semiconductors across various sectors, including automotive and wireless communications.
The conference will be streamed live and available for replay for one week in the 'Investors' section on Skyworks' website: www.skyworksinc.com.
Skyworks Solutions (SWKS) reported a record revenue of $1.116 billion for Q3 2021, a 52% increase year-over-year, surpassing analysts' expectations. GAAP operating income was $339.8 million, with diluted EPS of $2.02. Non-GAAP operating income reached $403.4 million, with diluted EPS of $2.15. The company anticipates Q4 revenue between $1.270 billion and $1.330 billion, reflecting a 36% growth. Additionally, a dividend increase of 12% to $0.56 per share has been announced, payable on Sept. 7, 2021.
Silicon Labs (NASDAQ: SLAB) reported robust Q2 2021 financial results, with revenue hitting $278 million, surpassing guidance. The Internet of Things (IoT) revenue reached a record $169 million, up 48% year-on-year. Non-GAAP diluted EPS was $1.05, while GAAP EPS stood at $0.44. The divestiture of the Infrastructure and Automotive businesses to Skyworks Solutions (NASDAQ: SWKS) for $2.75 billion was completed, shifting focus to IoT operations. The company forecasts Q3 revenue between $170 to $180 million, with a GAAP loss per share estimated between $(0.56) and $(0.46).
Skyworks Solutions, Inc. (Nasdaq: SWKS) has finalized its acquisition of Silicon Laboratories Inc.'s (Nasdaq: SLAB) Infrastructure & Automotive business for $2.75 billion in cash. This strategic move aims to enhance Skyworks' portfolio in key sectors like electric vehicles and 5G infrastructure.
CEO Liam K. Griffin expressed confidence in the acquisition, emphasizing the diverse customer base it brings. The deal is expected to accelerate growth in various critical segments, while integrating the new assets and workforce will be crucial for realizing anticipated benefits.
Skyworks Solutions, Inc. (Nasdaq: SWKS) is set to hold a conference call on July 29, 2021, at 4:30 p.m. EDT to discuss its third quarter fiscal 2021 results and future business outlook. The earnings press release will be available on the company’s website immediately following the market close on the same day. Investors can access the call via the internet or telephone. Playback options will be available from 9 p.m. EDT on July 29 until 9 p.m. EDT on August 5. Skyworks specializes in high-performance analog semiconductors for a range of industries, including automotive and medical.
Skyworks Solutions (Nasdaq: SWKS) showcased its advanced capabilities in next-gen 5G infrastructure by demonstrating compliance with 3GPP requirements for C-band signals alongside Xilinx (Nasdaq: XLNX). Their joint demo utilized a 280 MHz bandwidth solution featuring the Xilinx Zynq RFSoC Gen 3 and the SKY66523-11 power amplifier, essential for 5G small cell applications. This technology enables operators to achieve compliance with critical specifications, and preparations for A-block spectrum deployment are already underway, following a historic $81 billion FCC auction for C-band spectrum.