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Skyworks announced earnings per share of $1.85 on revenue of $956.8M. Analysts polled by Investing.com anticipated EPS of $1.52 on revenue of $841.61M.
Skyworks shares are up 17.71% from the beginning of the year, still down 10.27% from its 52 week high of $158.57 set on October 12. They are outperforming the S&P 500 which is up 2.44% from the start of the year.
Skyworks’s report follows an earnings beat by Apple on Thursday, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
