Skyworks: Fiscal Q1 Earnings Snapshot

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Skyworks Solutions Inc. (SWKS) on Wednesday reported fiscal first-quarter net income of $162 million.

On a per-share basis, the Irvine, California-based company said it had profit of $1. Earnings, adjusted for one-time gains and costs, were $1.60 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.

The chipmaker posted revenue of $1.07 billion in the period, matching Street forecasts.

For the current quarter ending in March, Skyworks expects its per-share earnings to be $1.20.

The company said it expects revenue in the range of $935 million to $965 million for the fiscal second quarter.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWKS at https://www.zacks.com/ap/SWKS

Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up