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Wireless

Skyworks cuts quarterly outlook on weak smartphone demand

Wednesday 9 January 2019 | 09:14 CET | News
Skyworks Solutions said it expects to report revenues for its fiscal first quarter to December lower than previously forecast, at USD 970 million compared to prior guidance of USD 1.00-1.02 billion. Adjusted EPS is expected at USD 1.81-1.84, less than the earlier forecast of USD 1.91. The company blamed the results on weak unit sales at its largest smartphone customers.

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Categories: Mobile & Wireless
Companies: Skyworks
Countries: World
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