Latest news with #SkyworksSolutions
USA Today
2 days ago
- Business
- USA Today
US stock futures higher as investors scrutinize earnings
U.S. stock futures are higher as investors scrutinize another batch of earnings. After the close, auto maker Rivian, Skyworks Solutions, social media company Snap, semiconductor giant AMD, Opendoor, Arista Networks, and Super Micro were among the companies that reported quarterly results. At 6:10 a.m. ET, futures linked to the blue-chip Dow rose 0.31%, while broad S&P 500 futures added 0.22% and tech-laden Nasdaq futures gained 0.04%. Corporate news Cryptocurrency The Securities and Exchange Commission said liquid staking activities aren't securities under federal law. Liquid staking refers to the process of staking crypto assets through a third party and receiving a 'liquid staking receipt token' to show the, staker's ownership of the staked crypto assets and any rewards that accrue to them. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday morning.
Yahoo
2 days ago
- Business
- Yahoo
Skyworks Solutions Inc (SWKS) Q3 2025 Earnings Call Highlights: Surpassing Guidance and ...
Revenue: $965 million, exceeding the high end of guidance. Earnings Per Share (EPS): $1.33, $0.09 above guidance. Free Cash Flow: $253 million. Gross Margin: 47.1%. Operating Income: $224 million, with an operating margin of 23.3%. Net Income: $200 million. Operating Cash Flow: $314 million. Capital Expenditures: $61 million. Shareholder Returns: $430 million returned through dividends and share repurchases. Cash and Investments: $1.3 billion. Debt: $1 billion. Mobile Revenue: 62% of total revenue, up 1% sequentially and 8% year-over-year. Broad Markets Growth: 2% sequentially and 5% year-over-year. Operating Expenses: $230 million. Effective Tax Rate: 11.2%. Warning! GuruFocus has detected 5 Warning Signs with SWKS. Release Date: August 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Skyworks Solutions Inc (NASDAQ:SWKS) delivered strong financial results, with revenue of $965 million, exceeding the high end of their guidance. The company generated a free cash flow of $253 million and returned $430 million to shareholders through share repurchases and dividends. Skyworks Solutions Inc (NASDAQ:SWKS) is experiencing strong demand in the mobile sector, with revenue above seasonal trends and healthy sell-through at their top customer. Broad markets, including Edge IoT, automotive, and infrastructure, continue to gain momentum, with stronger order flow and healthy book-to-bill levels. The company is optimizing its manufacturing footprint by consolidating operations, which is expected to drive higher fab utilization and improve overall efficiency. Negative Points Skyworks Solutions Inc (NASDAQ:SWKS) faces a high customer concentration risk, with their largest customer accounting for about 63% of revenue. Smartphone replacement cycles remain historically long, averaging over four years, which could impact future sales growth. The company is undergoing a transition with an interim CFO, which may create uncertainty during the leadership change. The planned closure of the Woburn manufacturing facility may involve transition challenges and potential short-term disruptions. The competitive pricing environment in the RF industry remains challenging, requiring Skyworks Solutions Inc (NASDAQ:SWKS) to deliver high-quality products at competitive prices. Q & A Highlights Q: Within the handset business, has anything changed over the last 90 days regarding content or unit sales expectations? A: Philip Brace, CEO, noted strong demand for Skyworks' products, with their largest customer reflecting this in their recent call. The company benefits from strong unit demand and favorable shipment mix, as reflected in their results and forward guidance. Q: How should we think about December quarter seasonality, considering content changes and the absence of the extra week? A: Philip Brace, CEO, stated they are not guiding beyond the current quarter but noted solid demand across Mobile and non-mobile sectors. The December quarter has been volatile in recent years, and they are focused on executing their current guidance. Q: Regarding the internal modem trend with your largest customer, how does this affect your content and future expectations? A: Philip Brace, CEO, explained that they have more content available in the internal modem compared to the external modem, which could provide a tailwind as the mix shifts. However, various factors like customer shipments and phone models will influence the overall impact. Q: How is the Android business performing, and what are the expectations going forward? A: Rajvindra Gill, VP of Investor Relations, reported that Android revenue was up significantly in the June quarter, primarily due to a ramp with Google. They expect continued growth into the September quarter. Q: What is the current state of inventory levels and demand signals, particularly concerning tariffs? A: Philip Brace, CEO, mentioned that inventories are currently at lean levels, and they are maintaining focus on this. The guidance reflects the current environment, including tariffs, and they are closely monitoring demand signals. Q: What is your view on diversification beyond handsets, and are there any strategic priorities or potential mergers? A: Philip Brace, CEO, emphasized the importance of diversification to reduce customer concentration. They are focused on executing well with their current customer while exploring growth opportunities that are gross margin accretive and have longer revenue cycles. Q: Are there any economic impacts from closing the Woburn facility, and how do you view OpEx growth? A: Philip Brace, CEO, stated that the consolidation will drive higher utilization and efficiency, providing a tailwind for margins. Robert Schriesheim, Interim CFO, added that OpEx is expected to trend lower in the December quarter, with disciplined management moving forward. Q: How is the infrastructure networking cloud sub-segment performing, and what are the demand drivers? A: Philip Brace, CEO, noted that inventory issues in this segment appear to be behind them, with low inventory levels and growing orders. The transition to 800 gig and 1.6 terabit switches is driving demand. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
Microchip Technology (MCHP) Q2 Earnings: What To Expect
Analog chipmaker Microchip Technology (NASDAQ:MCHP) will be announcing earnings results this Thursday after the bell. Here's what you need to know. Microchip Technology beat analysts' revenue expectations by 1% last quarter, reporting revenues of $970.5 million, down 26.8% year on year. It was a mixed quarter for the company, with an impressive beat of analysts' EPS estimates but revenue guidance for next quarter slightly missing analysts' expectations. Is Microchip Technology a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Microchip Technology's revenue to decline 14.8% year on year to $1.06 billion, improving from the 45.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.24 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Microchip Technology has missed Wall Street's revenue estimates five times over the last two years. Looking at Microchip Technology's peers in the analog semiconductors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Skyworks Solutions delivered year-on-year revenue growth of 6.6%, beating analysts' expectations by 2.6%, and Impinj reported a revenue decline of 4.5%, topping estimates by 4.3%. Impinj traded up 26.2% following the results. Read our full analysis of Skyworks Solutions's results here and Impinj's results here. Investors in the analog semiconductors segment have had steady hands going into earnings, with share prices flat over the last month. Microchip Technology is down 5.9% during the same time and is heading into earnings with an average analyst price target of $75.21 (compared to the current share price of $67.28). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
MACOM (MTSI) Reports Earnings Tomorrow: What To Expect
Network chips maker MACOM Technology Solutions (NASDAQ: MTSI) will be reporting earnings this Thursday before market hours. Here's what to look for. MACOM beat analysts' revenue expectations by 2.6% last quarter, reporting revenues of $235.9 million, up 30.2% year on year. It was a satisfactory quarter for the company, with a narrow beat of analysts' EPS estimates but an increase in its inventory levels. Is MACOM a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting MACOM's revenue to grow 31.1% year on year to $249.7 million, improving from the 28.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.90 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MACOM has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 0.9% on average. Looking at MACOM's peers in the analog semiconductors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Skyworks Solutions delivered year-on-year revenue growth of 6.6%, beating analysts' expectations by 2.6%, and Impinj reported a revenue decline of 4.5%, topping estimates by 4.3%. Impinj traded up 26.2% following the results. Read our full analysis of Skyworks Solutions's results here and Impinj's results here. Investors in the analog semiconductors segment have had steady hands going into earnings, with share prices flat over the last month. MACOM's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $147.29 (compared to the current share price of $137.75). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
What To Expect From Himax's (HIMX) Q2 Earnings
Semiconductor maker Himax Technologies (NASDAQ:HIMX) will be reporting results this Thursday before market open. Here's what to look for. Himax beat analysts' revenue expectations by 2.4% last quarter, reporting revenues of $215.1 million, up 3.7% year on year. It was an exceptional quarter for the company, with a solid beat of analysts' EPS estimates and revenue guidance for next quarter exceeding analysts' expectations. Is Himax a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Himax's revenue to decline 11.5% year on year to $212 million, a reversal from the 2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.10 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Himax has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 2.2% on average. Looking at Himax's peers in the analog semiconductors segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Skyworks Solutions delivered year-on-year revenue growth of 6.6%, beating analysts' expectations by 2.6%, and Impinj reported a revenue decline of 4.5%, topping estimates by 4.3%. Impinj traded up 26.2% following the results. Read our full analysis of Skyworks Solutions's results here and Impinj's results here. Investors in the analog semiconductors segment have had steady hands going into earnings, with share prices flat over the last month. Himax is down 4.5% during the same time and is heading into earnings with an average analyst price target of $9.94 (compared to the current share price of $8.62). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
