Skyworks (NASDAQ:SWKS) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.52 on revenue of $827.4M. Analysts polled by forecast EPS of $1.5 on revenue of $825.29M. That compared to EPS of $1.94 on revenue of $1.01B in the same period a year earlier. The company had reported EPS of $1.35 on revenue of $767M in the previous quarter.
Skyworks shares lost 4.12% to trade at $97.40 in after-hours trade following the report.
Skyworks follows other major Technology sector earnings this month
On October 30, Apple reported fourth quarter EPS of $3.03 on revenue of $64.04B, compared to forecasts of EPS of $2.83 on revenue of $63.01B.
Microsoft earnings beat analysts' expectations on October 23, with first quarter EPS of $1.38 on revenue of $33.06B. analysts expected EPS of $1.25 on revenue of $32.15B
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