Skyworks Solutions Inc (NASDAQ: SWKS) innovator and provider of high performance analog semiconductors restructured its financial outlook for the fiscal fourth quarter of 2012.
Company’s previous guidance was delivered on July 18, 2012 during conference call of 3Q of fiscal 2012.
Despite the increase in company’s financial outlook for fiscal fourth quarter shares plunged in after trading hours.
Company also provided sturdy program ramps through its top depiction analog and mobile Internet businesses.
Skyworks Solutions Inc (NASDAQ:SWKS) trade with volume of 33,930,600 shares in last session was unexpectedly higher versus average trading capacity of 3.55 million shares. The stock at opening bell was at $28.10 gained the maximum price level of $28.50 and then finished the day at $24.03 by scoring -18.49%.
SWKS remained successful in generating revenue of 1.55 billion in the trailing twelve months and made net income of $204.69 million. The Company maintained a positive 1 13.21% for the net profit margin and in its operating margin it had 16.69%. Company’s yearly revenue increase for the last five year was 12.89%.
The SWKS painted price to sales ratio of 2.96 and price to cash ratio at 14.02 for past 12 months. As far as the returns from the company is concern, return on asset remained as 10.51%.
The stock showed downbeat performance of -16.94% for the week which for the last 21 trading days was maintained at -18.95%. Likewise the negative performance for the trailing 3 months was recorded as -9.86% and in last 252 trading days which equals to a year was +9.63% while the performance so far in current year remained at +48.15%.
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