earnings
confidence high
sentiment positive
materiality 0.70
Skyworks Q3 revenue $906M, GAAP EPS $0.75, non-GAAP $1.21; dividend raised 3% to $0.70/share
SKYWORKS SOLUTIONS, INC.
2024-Q3 EPS reported
$3.32
revenue$3,153,000,000
- Revenue $906M; GAAP diluted EPS $0.75; non-GAAP diluted EPS $1.21.
- YTD operating cash flow $1.35B, free cash flow $1.27B; operating cash flow margin 43%, FCF margin 40%.
- Quarterly dividend increased 3% to $0.70 per share, payable Sep 10, 2024 to holders of record Aug 20, 2024.
- Mobile business ramping; broad markets recovering; expect AI at edge driving RF complexity.
- Q4 FY24 outlook not disclosed in filing; guidance provided on non-GAAP basis without specific numbers.