Overview
- Skyworks shares rose 5.4% to $72.56 Tuesday after the company topped forecasts and unveiled a multi‑year Android deal.
- In fiscal Q2, revenue was about $944 million and adjusted earnings were $1.15 per share, beating analyst estimates even as inventories rose and input costs pressured margins.
- For the June quarter, Skyworks guided revenue to $900 million to $950 million with adjusted EPS of $1.03 at the midpoint, and it expects Mobile to dip slightly while Wi‑Fi 7, data center, and auto lines grow.
- The new multi‑generational Android design win is expected to generate more than $1 billion through 2030 and adds higher‑priced radio chips per phone.
- The planned merger with Qorvo remains under China’s antitrust phase‑two review, with management expressing hope for a late‑2026 close despite timing uncertainty.