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Benzinga
Benzinga
Business
Adam Eckert

Why Skyworks Solutions Shares Are Sliding After Hours

Skyworks Nasdaq Skyworks Solutions Inc

Skyworks Solutions Inc (NASDAQ:SWKS) shares are trading lower in Tuesday's after-hours session after the company reported financial results and issued guidance below analyst estimates.

Skyworks said fiscal second-quarter revenue increased 14% year-over-year to $1.34 billion, which beat the $1.33 billion estimate, according to data from Benzinga Pro. The company reported quarterly adjusted earnings of $2.63 per share, which was in line with estimates. 

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