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Stock impact report

What’s in Store for Skyworks Solutions This Year? [The Motley Fool]

Skyworks Solutions, Inc. (SWKS) 
Last skyworks solutions, inc. earnings: 1/23 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
The slowdown in the first quarter appears temporary, and the non-mobile side of the company provides bright promise. Skyworks Solutions ( NASDAQ:SWKS ) had a tricky task at hand going into its first-quarter fiscal 2018 earnings report because of a weaker-than-expected outlook in the quarter containing March  issued by its largest customer, Apple . But the company managed to win over investors and Wall Street alike with a strong performance. Skyworks reported substantial year-over-year growth in its revenue and earnings. But its guidance was weaker than expected because of a potential slowdown in smartphone sales during the first quarter of 2018. Investors didn't mind the tepid outlook, however, as Skyworks announced a stock repurchase program worth $1 billion. Skyworks has pledged to return 60% to 75% of its free cash flow to shareholders going forward, up from the prior range of 40% to 50%. Additionally, the company's non-mobile business continues to gain trac Show less Read more
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