Skyworks Q4 2022 Earnings Report
Key Takeaways
Skyworks Solutions, Inc. reported fourth fiscal quarter results for the period ended Sept. 30, 2022. Revenue for the fourth fiscal quarter of 2022 was $1.407 billion, up 7% year over year. On a GAAP basis, operating income for the fourth fiscal quarter was $388.0 million with diluted earnings per share of $1.88. On a non-GAAP basis, operating income was $528.6 million with non-GAAP diluted earnings per share of $3.02.
Delivered record fourth quarter revenue of $1.407 Billion, up 14% Sequentially and 7% Y-o-Y
Posted GAAP Diluted EPS of $1.88 and Non-GAAP Diluted EPS of $3.02
Partnered with Vodafone to launch the United Kingdom’s first Wi-Fi 6E broadband gateway
Delivered integrated platforms to the leading 5G smartphone OEMs, including flagship and mid-tier launches at Google and Samsung, among others
Skyworks
Skyworks
Forward Guidance
Given broad demand weakness, we expect revenue to decline on a sequential basis. Specifically, in the first fiscal quarter of 2023, we anticipate revenue to be between $1.300 billion and $1.350 billion with non-GAAP diluted earnings per share of $2.59 at the midpoint of our revenue range.