Skyworks Solutions Inc

SWKS

Equity

ISIN US83088M1027 / Valor 1437573

NASDAQ (2024-10-25)

USD 95.20+0.13%

Skyworks Solutions Inc
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About company

Skyworks Solutions Inc is a global company that focuses on minimizing its environmental impact and promoting a safe workplace. The company emphasizes accountability, integrity, and legal compliance throughout its operations and supply chain. Skyworks is a member of various industrial organizations and alliances, including the Responsible Business Alliance (RBA®), where it collaborates with customers, suppliers, and competitors to ensure industry sustainability. The company is known for its innovative development in areas such as 3GPP, 5GAA, and IEEE, as well as its involvement in semiconductor-specific memberships like CS Mantech, GSA, and SIA.

Summarized from source with an LLMView SourceSector: Technology

Revenue

Skyworks Solutions Inc. reported revenue of $1.046 billion for the second fiscal quarter of 2024. This figure reflects the company's performance in a challenging macroeconomic environment, demonstrating its ability to maintain substantial revenue streams.

GAAP and Non-GAAP Earnings

For the second fiscal quarter of 2024, Skyworks Solutions Inc. posted GAAP diluted earnings per share (EPS) of $1.14. On a non-GAAP basis, the company achieved a diluted EPS of $1.55, indicating strong profitability when adjusted for certain items.

Operating Income

Skyworks Solutions Inc. reported GAAP operating income of $189.2 million for the second fiscal quarter of 2024. On a non-GAAP basis, the operating income was significantly higher at $279.1 million, showcasing the company's operational efficiency.

Cash Flow

In the second fiscal quarter of 2024, Skyworks Solutions Inc. generated a quarterly operating cash flow of $300 million. Additionally, the company reported a quarterly free cash flow of $273 million, highlighting its strong cash generation capabilities.

Dividend Announcement

Skyworks Solutions Inc.'s board of directors declared a cash dividend of $0.68 per share for the second fiscal quarter of 2024. This dividend is payable on June 11, 2024, to stockholders of record as of May 21, 2024, reflecting the company's commitment to returning value to its shareholders.

Summarized from source with an LLMView Source

Key figures

7.49%1Y

-42.4%3Y

5.71%5Y

Performance

36.0%1Y

37.3%3Y

41.6%5Y

Volatility