Skyworks Solutions Inc. Leads with $401 Million Turnover Surge, Topping Market Expectations

Generated by AI AgentAinvest Market Brief
Wednesday, May 7, 2025 7:53 pm ET1min read

On May 7, 2025,

Inc. (SWKS) saw a significant increase in trading volume, with a turnover of $401 million, marking a 75.73% rise from the previous day. The stock price of Skyworks Solutions Inc. (SWKS) rose by 1.32%.

Skyworks Solutions Inc. reported its fiscal second-quarter earnings, delivering revenue of $953 million, which exceeded analyst estimates. The company's GAAP diluted earnings per share (EPS) stood at $0.43, while the non-GAAP diluted EPS was $1.24. This performance reflects the company's ability to generate robust revenue despite market challenges.

Skyworks Solutions Inc. demonstrated a strong financial performance, with an operating cash flow of $410 million and a free cash flow of $371 million. These figures highlight the company's strong cash generation capabilities, which are crucial for sustaining operations and returning value to shareholders. The company's gross profit was $391.6 million, with a GAAP gross margin of 41.1%. The non-GAAP gross profit was $444.7 million, with a non-GAAP gross margin of 46.7%.

Skyworks Solutions Inc. declared a cash dividend of $0.70 per share, payable on June 17, 2025. The company also returned over $600 million to shareholders through share repurchases and dividends, marking the highest quarterly return ever. This commitment to shareholder returns underscores the company's confidence in its financial health and future prospects.

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