Skyworks Solutions Inc.
Skyworks Solutions Reports Q4 FY24 Results and Declares Dividend
Summary
Skyworks Solutions, Inc. reported financial results for Q4 FY24, with GAAP diluted EPS of $0.37 and non-GAAP diluted EPS of $1.55. The company also declared a cash dividend of $0.70 per share, payable on December 24, 2024, to stockholders of record as of December 3, 2024. The company's revenue for Q4 FY24 was $1.025 billion, and its free cash flow margin was 40%.
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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.
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