Apple supplier Skyworks rises after Q4 forecasts came above estimates

Skyworks Solutions

05/08/2025 21:22

** Shares of chip co Skyworks Solutions SWKS.O up 8% in extended trading

** SWKS forecasts Q4 revenue between $1 billion and $1.03 billion, above estimates of  $887.4 million  — LSEG

** Also forecasts Q4 adjusted EPS of $1.40, above estimates of 97 cents

** Q3 revenue of $965 million beats estimates of $940.9 million

** YTD, stock down 23.4% as of last close

(Reporting by Juveria Tabassum in Bengaluru)

((Juveria.Tabassum@thomsonreuters.com))