earnings
confidence high
sentiment positive
materiality 0.75
Skyworks Q1 FY24 revenue $1.202B, non-GAAP EPS $1.97; declares $0.68 dividend
SKYWORKS SOLUTIONS, INC.
2024-Q1 EPS reported
$1.44
revenue$1,201,500,000
- Q1 FY24 revenue $1.202B; GAAP diluted EPS $1.44; non-GAAP diluted EPS $1.97.
- Record operating cash flow $775M and record free cash flow $753M.
- Board declares $0.68 per share cash dividend payable Mar 12, 2024 to holders of record Feb 20, 2024.
- CEO notes signs of Android smartphone market recovery; design wins in infrastructure, Wi-Fi, and automotive.
- GAAP operating income $258.3M; non-GAAP operating income $365.7M.