Skyworks Q3 2023 Earnings Report
Key Takeaways
Skyworks Solutions, Inc. reported third fiscal quarter results for the period ended June 30, 2023. Revenue for the third fiscal quarter of 2023 was $1.071 billion. On a GAAP basis, diluted earnings per share was $1.22. On a non-GAAP basis, non-GAAP diluted earnings per share was $1.73.
Delivered Revenue of $1.071 Billion
Posted GAAP Diluted EPS of $1.22 and Non-GAAP Diluted EPS of $1.73
Generated Quarterly Operating Cash Flow of $305.7 Million
Increased Quarterly Dividend by 10% to $0.68 Per Share
Skyworks
Skyworks
Forward Guidance
We expect double-digit sequential revenue and earnings growth in the September quarter. Specifically, in the fourth fiscal quarter of 2023, we anticipate revenue to be between $1.190 billion and $1.240 billion with non-GAAP diluted earnings per share of $2.10 at the midpoint of our revenue range, representing sequential revenue and non-GAAP diluted earnings per share growth of 13% and 21%, respectively.