Skyworks Solutions

Skyworks Solutions, Inc.  (NASDAQ:SWKS) is empowering the wireless networking revolution. Our highly innovative analog and mixed signal semiconductors are connecting people, places and things spanning a number of new and previously unimagined applications within the aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, smartphone, tablet and wearable markets.

Skyworks is a global company with engineering, marketing, operations, sales and support facilities located throughout Asia, Europe and North America and is a member of the S&P 500® market index (NASDAQ:SWKS).

Skyworks Solutions, Inc. (Nasdaq: SWKS) Q4 2023 Outlook issued

Skyworks Solutions, Inc. (Nasdaq: SWKS)  Fourth Fiscal Quarter 2023 Outlook We provide earnings guidance on a non-GAAP basis because certain information necessary to reconcile such guidance to GAAP is difficult to estimate and dependent on future events outside of our control. Please refer to the attached Discussion Regarding the Use of Non-GAAP Financial Measures in this earnings release for a further discussion of our use of non-GAAP measures, including quantification of known expected adjustment items. “We expect double-digit sequential revenue and earnings growth in the September quarter,” said Kris Sennesael, senior vice president and chief financial officer of Skyworks. “Specifically, in the fourth fiscal quarter of 2023, we anticipate revenue to be between $1.190 billion and $1.240 billion with non-GAAP diluted earnings per share of $2.10 at the midpoint of our revenue range, representing sequential revenue and non-GAAP diluted earnings per share growth of 13% and 21%, respectively. In addition,

Skyworks Solutions, Inc. (Nasdaq: SWKS) Q4 2023 Outlook issued Read Post »

Skyworks Solutions, Inc. (Nasdaq: SWKS) Reports Q3 FY23 Results

Skyworks Reports Q3 FY23 Results   —  Delivers Revenue of $1.071 Billion   —  Posts GAAP Diluted EPS of $1.22 and Non-GAAP Diluted EPS of $1.73   —  Generates Quarterly Operating Cash Flow of $305.7 Million and Record      Year-to-Date Operating Cash Flow of $1.491 Billion   —  Guides to Double-Digit Sequential Revenue and Non-GAAP Diluted EPS      Growth in Q4 FY23   —  Increases Quarterly Dividend by 10% to $0.68 Per Share IRVINE, Calif.–(BUSINESS WIRE)–August 07, 2023– Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed signal semiconductors connecting people, places and things, today reported third fiscal quarter results for the period ended June 30, 2023. Revenue for the third fiscal quarter of 2023 was $1.071 billion. On a GAAP basis, operating income for the third fiscal quarter was $230.7 million with diluted earnings per share of $1.22. On a non-GAAP basis, operating income

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Skyworks Solutions Inc. (NASDAQ:SWKS) had Q1 2023 adjusted EPS of $2.59 versus analyst expectations of $2.58

Skyworks Solutions Inc. (NASDAQ:SWKS) had a fiscal first-quarter adjusted EPS of $2.59 versus analyst expectations of $2.58. First-quarter revenue was $1.33 billion, versus analysts’ expectations of $1.32 billion. First-quarter adjusted operating profit was $491.3 million, versus analysts’ expectations of $487.9 million. Announced a $2 billion share repurchase program. Second-quarter adjusted EPS is expected at $2.02, versus analysts’ expectations of $2.23. Second-quarter revenue was $1.13-1.18 billion, versus analysts’ expectations of $1.19 billion.

Skyworks Solutions Inc. (NASDAQ:SWKS) had Q1 2023 adjusted EPS of $2.59 versus analyst expectations of $2.58 Read Post »

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