Skyworks Beats Q4 Estimates: Will 1Q25 Outlook Drag Shares Down?
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Skyworks Solutions (SWKS) reported strong Q4 results driven by mobile growth, but faces challenges with high inventory, uneven demand, and a slow recovery in automotive and industrial markets. The outlook for Q1 2025 may impact share prices negatively.
November 13, 2024 | 6:45 pm
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Skyworks Solutions reported strong Q4 results due to mobile growth, but high inventory and slow recovery in automotive and industrial markets could negatively impact Q1 2025 outlook.
Skyworks Solutions' strong Q4 performance was driven by mobile growth, but challenges such as high inventory levels and slow recovery in automotive and industrial markets could weigh on the Q1 2025 outlook. This may lead to a negative short-term impact on the stock price.
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