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Apr 01, 2022
Skyworks Q2 2022 Earnings Report
Skyworks delivered record second quarter results, with double-digit year-over-year growth in both revenue and non-GAAP earnings per share.
Key Takeaways
Skyworks Solutions, Inc. reported second fiscal quarter results for the period ended April 1, 2022. Revenue for the second fiscal quarter of 2022 was $1.336 billion, up 14% year over year, exceeding consensus estimates. On a GAAP basis, diluted earnings per share was $1.86. On a non-GAAP basis, non-GAAP diluted earnings per share was $2.63.
Delivers Record Second Quarter Revenue of $1.336 Billion, up 14% Y-o-Y
Posts GAAP Diluted EPS of $1.86 and Non-GAAP Diluted EPS of $2.63
Returns $509 Million to Stockholders in Dividends and Share Repurchases
Guides to Double-Digit Y-o-Y Revenue and Earnings Growth in Q3 FY22
Skyworks
Skyworks
Forward Guidance
Despite recent pandemic-related supply chain disruptions, we expect double-digit year-over-year revenue and earnings growth in the June quarter. Specifically, in the third fiscal quarter of 2022, we anticipate revenue to be between $1.200 billion and $1.260 billion with non-GAAP diluted earnings per share of $2.36 at the midpoint of our revenue range, representing revenue and non-GAAP diluted earnings per share growth of 10% compared to the third fiscal quarter of 2021.