** Shares of chip firm Skyworks Solutions SWKS.O tumble 23% to $67.00 in extended trade
** The Apple supplier expects Q2 profit below estimates and decline in revenue across its segments in Q2
** Co names former Intel INTC.O and Inseego INSG.O executive Philip Brace as its next CEO
** Expects Q2 adj EPS of $1.20, below estimates of $1.22
** Q2 revenue forecast of $935 million to $965 million, largely in-line with estimates of $949 mln
** Anticipate a mid-to-high teens sequential decline in mobile, consistent with historical seasonal patterns in Q2 — CFO Kris Sennesael
** In 2024, stock fell 21%
(Reporting by Juveria Tabassum in Bengaluru)
((Juveria.Tabassum@thomsonreuters.com))
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