By Katherine Hamilton

Skyworks Solutions' shares rose after its outlook for the current quarter surpassed Wall Street expectations.

The stock rose 4% to $70.50 in after-hours trading on Tuesday. At the close, it was down 24% this year.

Skyworks, which makes analog semiconductors, expects revenue to be $1 billion to $1.03 billion in its fiscal fourth quarter, which ends in September. Analysts polled by FactSet were anticipating $882 million.

For adjusted earnings per share, the company anticipates $1.40 at the midpoint of its guidance range, compared with analysts' forecast of 98 cents.

Skyworks' mobile business is healthy and has a solid order pattern and projected sequential growth of mid-single digits, interim Chief Financial Officer Rob Schriesheim said. Its broad markets segment is also growing steadily.

"We're encouraged by the momentum in mobile and steady strength across our broad markets, driven by long-term growth trends in edge IoT, automotive and data center," he said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

August 05, 2025 19:25 ET (23:25 GMT)

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