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Technology Stocks : Semi Equipment Analysis
SOXX 308.38+0.6%Nov 3 4:00 PM EST

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To: Return to Sender who wrote (90160)5/8/2023 9:54:17 PM
From: Return to Sender1 Recommendation

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Skyworks misses by $0.01, reports revs in-line; guides Q3 EPS below consensus, revs below consensus
4:04 PM ET 5/8/23 | Briefing.com

Reports Q2 (Mar) earnings of $2.02 per share, excluding non-recurring items, $0.01 worse than the S&P Capital IQ Consensus of $2.03; revenues fell 13.7% year/year to $1.15 bln vs the $1.15 bln S&P Capital IQ Consensus. Co issues downside guidance for Q3, sees EPS of $1.67, excluding non-recurring items, vs. $2.07 S&P Capital IQ Consensus; sees Q3 revs of $1.05-$1.09 bln vs. $1.16 bln S&P Capital IQ Consensus."Looking ahead to our third fiscal quarter of 2023, we anticipate revenue to be between $1.050 billion and $1.090 billion with non-GAAP diluted earnings per share of $1.67 at the midpoint of our revenue range," said Kris Sennesael, senior vice president and chief financial officer of Skyworks.
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