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Technology Stocks : SWKS - Skyworks Solutions, Inc (was AHAA)
SWKS 112.12-0.5%3:59 PM EDT

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From: mlc1787/29/2020 7:53:20 PM
   of 1698
 
Skyworks' main competitor Qorvo delivers blowout results for the June qtr and gives blowout guidance.
Non-GAAP EPS came in at $1.50/sh.
Actual Revenues: $787.5 million.

Analysts had estimated an avg earnings of $1.13 per share for the June qtr
on revenues of $730 million.

Qorvo's guidance for the Sept 2020 qtr:
$925 to $955 million.
Non-GAAP EPS of $1.90 / sh

Analyst estimates for the Sept 2020 qtr:
Revenues $803 million
EPS $1.44

Obviously the latest guidance far exceeds analyst estimates.
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QRVO is up $8.12 in after hours
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