Skyworks Solutions Inc.
Skyworks Declares Q1 Dividend of $0.68 Per Share
Summary
Skyworks Solutions, Inc. reported Q1 FY24 results, with revenue of $1.202 billion and GAAP diluted EPS of $1.44. The company also announced a cash dividend of $0.68 per share, payable on March 12, 2024, to stockholders of record as of February 20, 2024. The company expects Q2 revenue to be between $1.02 to $1.07 billion with non-GAAP diluted EPS of $1.52 at the midpoint.
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About Skyworks Solutions Inc.
Skyworks Solutions Inc. is a technology company that specializes in designing and manufacturing high-performance semiconductor solutions. Its primary function is to provide integrated circuits used in wireless communications. Skyworks Solutions plays a critical role in enabling connectivity across a multitude of devices and technologies, impacting industries such as mobile, automotive, home automation, and smart technology. The company is renowned for its radio frequency and analog semiconductors, which are essential components in modern telecommunications, including the infrastructure for 5G networks and Internet of Things (IoT) applications. Skyworks Solutions is significant in the market due to its broad portfolio of products that facilitate enhanced wireless networking capabilities, contributing to the seamless integration of advanced technology into everyday life.
Official SEC Documents
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