Skyworks Solutions

Skyworks Solutions fell about 11% in premarket trading after the company completely cut its quarterly dividend and said it will take on roughly $2 billion in new debt to finance the planned merger with Qorvo. Q3 results beat operational expectations (adjusted EPS $1.08, revenue $935 million) but were weighed down by the dividend cut, higher leverage and a Q4 guidance slightly below consensus. Gross margin is expected at 44–45% for Q4, China has moved the takeover review to Phase III, and the company unveiled the leadership team for the combined firm. » More on de.investing.com

Phil Brace, president and CEO of Skyworks, will become CEO of the combined company upon closing of the merger. Bob Bruggeworth of Qorvo will join the board. Other key roles include Philip Carter as CFO and Reza Kasnavi as executive VP and chief operations and technology officer; in total nine executives will report directly to Brace. The companies filed a Form S-4 with the SEC that became effective on December 23, 2025. » More on de.investing.com

Skyworks Solutions will report on 28 July 2026 for the quarter ended 30 June 2026. Nineteen analysts expect on average an EPS of 1.03 USD versus 0.70 USD a year earlier. Revenue is seen by 17 analysts on average at 926.0 million USD, a decline of 4.04% from 965.0 million USD in the year-ago quarter. For the fiscal year, 20 analysts forecast an EPS of 4.99 USD and 18 analysts forecast revenue of 3.92 billion USD. » More on finanzen.net