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Skyworks Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. Skyworks earnings beat Q4 revenue

Skyworks (NASDAQ) – Investing.com reported Thursday that the fourth quarter beat analyst forecasts with revenue surpassing expectations.

Skyworks posted earnings per share (EPS) of $2.62 for revenue $1.31B. Investing.com polled analyst to predict EPS of 2.55 on revenues of $1.3B.

Skyworks shares have increased 12.07% since the start of the year. However, they are still 15.54% below their 52-week high of $202.87 on April 29. They are under-performing the S&P 500 which is up 24.62% from the start of the year.

Skyworks reports on other important earnings in the Technology sector for this month

Skyworks reports on an earnings beat achieved by Alphabet C (October 26). They reported EPS $27.99 on revenues of $65.12B. Forecasts for EPS $23.83 were for revenue of $63.53B.

Taiwan Semiconductor beat all expectations with a third quarter earnings per share of $1.07 on $14.75B revenue, as compared to $1.04 forecast on $14.81B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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