Skyworks shares are trading lower after the company issued Q1 2024 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Skyworks has issued its Q1 2024 revenue guidance below estimates, leading to a decrease in its share prices.
November 03, 2023 | 1:19 pm
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Skyworks' lower than expected Q1 2024 revenue guidance has negatively impacted its share prices.
Skyworks' shares are trading lower due to the company's Q1 2024 revenue guidance being below estimates. This indicates that the company's financial performance may not meet investors' expectations, leading to a decrease in demand for its shares and a subsequent drop in its share price.
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