Skyworks Solutions Sees Q2 2024 Revenue $1.02B-$1.07B Vs $1.04B Est.
Portfolio Pulse from Benzinga Newsdesk
Skyworks Solutions forecasts its Q2 2024 revenue to be between $1.02 billion and $1.07 billion, which brackets the analyst estimate of $1.04 billion.

January 30, 2024 | 9:10 pm
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Skyworks Solutions' Q2 2024 revenue guidance is in line with analyst expectations, suggesting stable financial performance.
Skyworks Solutions' revenue guidance for Q2 2024 falls within the range of analyst estimates, which typically suggests that the company's performance is in line with market expectations. This news is unlikely to cause significant short-term price movement as it does not represent a significant beat or miss of the estimates. Therefore, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100