Skyworks stock falls following weak outlook Skyworks stock falls following weak outlook
Skyworks Solutions Inc.
shares declined in the extended session Monday after the analog and mixed-signal chip maker’s outlook fell short of Wall Street expectations. Skyworks shares fell 4% after hours, following a 1.1% rise in the regular session to close at $105.24. Skyworks forecast a midpoint earnings of $1.67 a share on revenue between $1.05 billion and $1.09 billion for the third fiscal quarter, while analysts surveyed by FactSet had estimated $2.06 a share on revenue of $1.15 billion.
shares declined in the extended session Monday after the analog and mixed-signal chip maker’s outlook fell short of Wall Street expectations. Skyworks shares fell 4% after hours, following a 1.1% rise in the regular session to close at $105.24. Skyworks forecast a midpoint earnings of $1.67 a share on revenue between $1.05 billion and $1.09 billion for the third fiscal quarter, while analysts surveyed by FactSet had estimated $2.06 a share on revenue of $1.15 billion.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Young Men, Inc. helps boys in Indianapolis 'make better choices'Empowering for excellence — that’s the goal of Young Men, Inc. The program uses military style discipline and life skills workshops to set boys up for success.
Leer más »
Baxter to divest biopharma business for $4.25 billionBaxter International Inc said on Monday a private-equity group, which includes Warburg Pincus and Advent International, has agreed to buy its biopharma solutions unit for $4.25 billion.
Leer más »
Here are some solutions to the debt ceiling crisis | PennLive lettersWhat knucklehead came up with the idea to shield the NRA from lawsuits?
Leer más »
5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Leer más »
Despite new contract offer, Oakland teachers’ strike likely to continue MondayThe teachers union is demanding back-and-forth bargaining for “common good proposals” intended to provide racial and environmental justice to students.
Leer más »
Former Sheriff Villanueva to launch talk radio show MondayThe former LA County Sheriff will offer his take on issues like public safety, law enforcement and homelessness in a new hour-long morning talk radio show.
Leer más »