Skyworks Earnings, Income Beat in Q2 By


© Reuters. Skyworks Earnings, Income Beat in Q2 – Skyworks (NASDAQ:) reported on Thursday second quarter that beat analysts’ forecasts and income that topped expectations.

Skyworks introduced earnings per share of $2.37 on income of $1.17B. Analysts polled by anticipated EPS of $2.35 on income of $1.15B.

Skyworks shares are up 26% from the start of the yr, nonetheless down 2.29% from its 52 week excessive of $202.87 set on April 29. They’re outperforming the S&P 500 which is up 12.13% from the beginning of the yr.

Skyworks shares misplaced 7.18% in after-hours commerce following the report.

Skyworks follows different main Expertise sector earnings this month

Skyworks’s report follows an earnings beat by Apple on Wednesday, who reported EPS of $1.4 on income of $89.58B, in comparison with forecasts EPS of $0.983 on income of $76.71B.

Microsoft had beat expectations on Tuesday with third quarter EPS of $1.95 on income of $41.71B, in comparison with forecast for EPS of $1.78 on income of $41.04B.

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