Scalper1 News
Chipmaker Skyworks Solutions (SWKS) got a passel of price-target increases Friday morning after it beat analysts’ Q1 estimates and raised guidance. Shares gapped up nearly 8% on the stock market today, near 31. Late Thursday, Skyworks said revenue for its fiscal Q1 ended Dec. 27 rose 11% from the year-earlier quarter to $505 million, beating analysts’ consensus by $5 million. Profit excluding one-time items climbed 22% to 67 cents a share, beating Scalper1 News
Scalper1 News