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SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Skyworks

1. Faruqi & Faruqi investigates claims against Skyworks for misleading investors. 2. Defendants allegedly concealed adverse facts about Skyworks' client relationships. 3. Skyworks reported lower-than-expected revenue, leading to a 24% stock drop. 4. Investors have until May 5, 2025, to seek lead plaintiff status. 5. Stock price decline reflects a significant confidence hit amid competitive pressures.

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Why Very Bearish?

The dramatic stock price drop indicates significant loss of investor confidence, exacerbated by potential legal challenges.

How important is it?

The article highlights legal repercussions and recent financial performance, crucial for investor sentiment.

Why Short Term?

The immediate financial results and pending litigation may affect stock prices quickly, as seen historically with similar cases.

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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Skyworks To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Skyworks between July 30, 2024 and February 5, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 5, 2025 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Skyworks Solutions, Inc. ("Skyworks" or the "Company") (NASDAQ: SWKS) and reminds investors of the May 5, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. According to the complaint, defendants provided investors with material information concerning Skyworks' expected revenue for the fiscal year 2025. Defendants' statements included, among other things, confidence in the Skyworks' ability to expand its mobile business and capitalize on its growth potential by investing in new technologies to diversify its portfolio of offerings. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Skyworks' client base; notably, that its long-standing relationship with Apple, its largest customer, did not guarantee that Apple would maintain its business relationship with Skyworks for its anticipated iPhone launch. Additionally, Defendants oversold Skyworks' position and ability to capitalize on AI in the smartphone upgrade cycle. Such statements absent these material facts caused Plaintiff and other shareholders to purchase Skyworks' securities at artificially inflated prices. On February 5, 2025, after market close, Skyworks announced its financial results for the first quarter of fiscal year 2025 and provided lower-than anticipated revenue guidance for the second quarter of fiscal year 2025. The Company attributed its results and low guidance to a "competitive landscape" that had "intensified" in recent years. Following this news, the price of Skyworks' common stock declined dramatically. From a closing market price of $87.08 per share on February 5, 2025, Skyworks' stock price fell to $65.60 per share on February 6, 2025, a decline of over 24% in the span of just a single day. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Skyworks' conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Skyworks Solutions, Inc. class action, go to www.faruqilaw.com/SWKS or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. SOURCE Faruqi & Faruqi, LLP

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