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Technology Stocks : Semi Equipment Analysis
SOXX 288.52-0.3%Nov 14 4:00 PM EST
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To: Return to Sender who wrote (89698)2/6/2023 4:56:46 PM
From: Return to Sender1 Recommendation

Recommended By
Sam

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Skyworks misses by $0.01, reports revs in-line; guides MarQ EPS below consensus, revs below consensus; approves $2.0 bln for share repurchases

4:06 PM ET 2/6/23 | Briefing.com
Reports Q1 (Dec) earnings of $2.59 per share, excluding non-recurring items, $0.01 worse than the S&P Capital IQ Consensus of $2.60; revenues fell 12.0% year/year to $1.33 bln vs the $1.32 bln S&P Capital IQ Consensus. Co issues downside guidance for Q2 (Mar), sees EPS of $2.02, excluding non-recurring items, vs. $2.23 S&P Capital IQ Consensus; sees Q2 revs of $1.125-1.175 bln vs. $1.20 bln S&P Capital IQ Consensus.Co also approved a new $2 billion stock repurchase program.

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