A major customer was blocked from doing business with Skyworks -- and other American companies -- by government decree. That stings on both the top and bottom lines.
The real highlights in the chipmaker's latest earnings report include a dividend payout raise and expected sequential growth.
Revenue and profit fell hard after Skyworks temporarily stopped doing all business with one of its largest customers.
SWKS earnings call for the period ending June 28, 2019.
Investing.com - Skyworks (NASDAQ:SWKS) reported third quarter earnings that matched analysts' expectations on Wednesday and revenue that topped forecasts. The firm reported earnings per share of...
Investing.com – U.S. stocks were higher after the close on Monday, as gains in the Technology, Consumer Services and Financials sectors led shares higher. At the close in NYSE, the Dow Jones...
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