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Mar 31, 2023
Skyworks Q2 2023 Earnings Report
Delivered revenue of $1.153 billion, GAAP diluted EPS of $1.46, and non-GAAP diluted EPS of $2.02, with quarterly operating cash flow of $411.7 million.
Key Takeaways
Skyworks Solutions, Inc. reported second fiscal quarter results for the period ended March 31, 2023. Revenue for the second fiscal quarter of 2023 was $1.153 billion. On a GAAP basis, operating income for the second fiscal quarter was $273.3 million with diluted earnings per share of $1.46. On a non-GAAP basis, operating income was $386.1 million with non-GAAP diluted earnings per share of $2.02.
Delivered Sky5® platforms supporting Samsung’s premium and mass tier smartphone launches
Enabled enhanced Power-over-Ethernet functionality with Cisco for enterprise networks
Launched tri-band, Wi-Fi 6E and Wi-Fi 7 gateways for CommScope and ASUS
Secured 5G platforms with a market leader in mobile computing
Forward Guidance
Looking ahead to our third fiscal quarter of 2023, we anticipate revenue to be between $1.050 billion and $1.090 billion with non-GAAP diluted earnings per share of $1.67 at the midpoint of our revenue range.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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