Welcome to our dedicated page for Skyworks Solutn news (Ticker: SWKS), a resource for investors and traders seeking the latest updates and insights on Skyworks Solutn stock.
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, Inc. (Nasdaq: SWKS) announced its participation in the Barclays Global Technology, Media and Telecommunications Conference, scheduled for 12:30 p.m. EST on December 9, 2020. The event will be live-streamed and available for replay for one week on the company's website. Skyworks specializes in high-performance analog semiconductors, playing a pivotal role in the wireless networking revolution across various sectors, including aerospace, automotive, and connected home applications. The company is a member of the S&P 500 and Nasdaq-100 indices.
Skyworks Solutions (SWKS) reported significant financial results for Q4 and the fiscal year 2020, with revenue of $956.8 million, up 30% sequentially, surpassing estimates. GAAP operating income reached $267.6 million, yielding diluted EPS of $1.46, while non-GAAP EPS was $1.85. For the entire fiscal year, revenue totaled $3.356 billion with a GAAP EPS of $4.80. Looking ahead, Skyworks expects double-digit revenue and earnings growth in Q1 2021, predicting revenue between $1,040 million and $1,070 million.
The Board of Directors declared a cash dividend of $0.50 per share, payable on Dec. 10, 2020.
Skyworks Solutions, Inc. (Nasdaq: SWKS) will hold a conference call on November 2, 2020, at 4:30 p.m. EST to discuss its fourth quarter and fiscal year 2020 financial results and future business outlook. The earnings press release will be distributed after market close on the same day and will be available on Skyworks' website. Investors can participate via phone or online. The call will include insights into Skyworks' innovations in high-performance analog semiconductors across multiple markets, including automotive and medical.