Skyworks: Fiscal Q2 Earnings Snapshot
By AP News
Published - May 08, 2023, 04:15 PM ET
Last Updated - Jun 21, 2023, 09:55 PM EDT
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Skyworks Solutions Inc. (SWKS) on Monday reported fiscal second-quarter net income of $232.8 million.
The Irvine, California-based company said it had profit of $1.46 per share. Earnings, adjusted for one-time gains and costs, came to $2.02 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.
The chipmaker posted revenue of $1.15 billion in the period, matching Street forecasts.
