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Skyworks Solutions Inc. (symbol: SWKS) is at the forefront of the wireless networking revolution. Based in Woburn, Massachusetts, Skyworks is a global enterprise with engineering, marketing, operations, sales, and service facilities spread across Asia, Europe, and North America. The company is renowned for its highly innovative analog semiconductors which are pivotal in connecting people, places, and things in an array of applications, many of which are groundbreaking.
Skyworks Solutions produces a range of semiconductors designed to enable wireless connectivity. Key products include power amplifiers, filters, switches, and integrated front-end modules, all essential for wireless transmissions. While the firm’s main clientele consists of major smartphone manufacturers, Skyworks is expanding its footprint in non-handset applications. These include automotive, broadband, connected home, industrial, medical, military, and wearable markets, among others.
Notably, Skyworks Solutions has been making significant strides in the automotive sector, providing critical components for advanced driver-assistance systems (ADAS) and vehicle-to-everything (V2X) communication. The company is also a key player in the development of 5G technology, which is expected to revolutionize wireless connectivity and enable a new wave of technological innovations.
Financially, Skyworks Solutions has shown robust performance, driven by the increasing demand for wireless connectivity and the proliferation of connected devices. The company's strategic partnerships and collaborations have further bolstered its market position. Skyworks’ commitment to innovation and quality has earned it a reputation for delivering reliable and high-performance products.
Skyworks Solutions (Nasdaq: SWKS) announces the appointment of Eric J. Guerin to its board of directors. Guerin is currently the executive vice president and chief financial officer for CDK Global, bringing extensive financial and operational expertise. His experience encompasses a diverse range of industries, enhancing Skyworks' strategic initiatives in the Internet of Things and 5G transitions. CEO Liam K. Griffin expressed confidence that Guerin's background will support Skyworks in navigating expanding market opportunities.
Skyworks Solutions, Inc. (Nasdaq: SWKS) is set to discuss its first quarter fiscal 2022 results and business outlook in a conference call on Feb. 3, 2022, at 4:30 p.m. EST. The earnings press release will be issued after market close on the same day and available on the company's website. Participants can listen via the internet or telephone. Playback will be available starting at 9 p.m. EST on the same day until Feb. 10, 2022.
Skyworks is a leader in analog semiconductors, serving various industries, including aerospace, automotive, and connected home markets.
Skyworks Solutions, Inc. (Nasdaq: SWKS), a leader in high-performance analog semiconductors, will participate in the J.P. Morgan 20th Annual Tech/Auto Forum on January 5, 2022, at 11:50 a.m. PST. The event coincides with the 2022 International Consumer Electronics Show. It will be available for live webcast and archived replay on the company's website. Skyworks focuses on connecting diverse markets, including automotive, broadband, and medical, enhancing the wireless networking revolution. More details can be accessed on their website.
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
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).
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