11:10 AM EDT, 10/28/2025 (MT Newswires) -- Skyworks Solutions ( SWKS ) shares jumped more than 12% in recent Tuesday trading after posting preliminary fiscal Q4 results that exceeded analysts' estimates and announcing a merger agreement with Qorvo ( QRVO ) to create a $22 billion combined company.

The company posted preliminary fiscal Q4 adjusted earnings of $1.76 per share, up from $1.55 a year earlier. Analysts polled by FactSet expect $1.40.

Preliminary revenue for the quarter ended Oct. 3 was $1.10 billion, compared with an estimate of $1.01 billion by analysts surveyed by FactSet.

For fiscal 2025, the company reported preliminary adjusted EPS of $5.93, down from $6.27 a year earlier, and revenue of $4.09 billion. Analysts polled by FactSet expect adjusted EPS of $5.58 and revenue of $4 billion.

Skyworks said it plans to release its fiscal Q4 results on Nov. 4.

Skyworks said it also agreed to combine with Qorvo ( QRVO ) in a cash-and-stock deal that values the combined enterprise at about $22 billion, with the deal expected to close in early 2027.

Price: 85.23, Change: +9.38, Percent Change: +12.37