NasdaqGS:SWKSSemiconductor
Skyworks Solutions (SWKS) Stock Faces Margin Squeeze As Qorvo Debt Looms
Skyworks Solutions stock barely moved at all in regular trading, sitting near US$61 after drifting only 0.03% lower, even though the underlying story is far from flat. The company just printed Q3 revenue of about US$935 million with non GAAP earnings per share of US$1.08, both hovering above management’s own midpoint. That is the short term snapshot.
The bigger story for you is profit pressure. Gross margin around 45% and operating margin near 19% sit inside a multi quarter squeeze, just as...