Market Outlook and Trends - Skyworks maintains a long-term bullish outlook on the broader market, supported by secular trends in edge IoT, automotive electrification, advanced security systems, and AI-driven workloads [1] - The global mobile data use, especially for 5G, is expected to triple in the next three years By 2029, 39 billion IoT connections, including connected cars and devices, are anticipated [12] Financial Performance - Skyworks' fiscal fourth-quarter performance suffered from high inventory levels, uneven demand across segments, and muted global demand in automotive and industrial markets [5] - Skyworks' revenues declined 15.9% year over year in the quarter, whereas non-GAAP earnings plunged 29.5% [14] - For the first quarter of fiscal 2025, Skyworks expects revenues between $1.05 billion and $1.08 billion Non-GAAP diluted shares are expected to be $1.57 per share The Zacks Consensus Estimate for first-quarter fiscal 2025 revenues is pegged at $1.07 billion, reflecting an 11.4% year-over-year decline [13] - The consensus mark for fiscal 2025 earnings has been revised downward by 4 cents over the past 60 days to $5.34 per share The bottom-line estimate indicates a decline of 14.8% from fiscal 2024 earnings of $6.27 per share [16] Competitive Landscape - Skyworks shares have lost 5.6% over the past three months, underperforming the broader Zacks Computer and Technology sector and its competitor Broadcom (AVGO), which offers a wider range of semiconductor solutions While the sector has gained 9.7% over the past three months, the Broadcom stock has soared 44.3% [4] - Challenges in wireless infrastructure and traditional data center end markets are expected to continue hurting Skyworks' financial performance in the near term Stiff competition from players like Broadcom, Qorvo, and Cirrus Logic is expected to increase pricing pressure in the market and affect margins [10] Product and Technology - The company is experiencing improved demand as customers adopt Wi-Fi 6E and 7 systems, which offer higher dollar content due to increased complexity and additional bands With Wi-Fi 7 shipments gaining momentum, the industry is entering the early phases of a multi-year upgrade cycle [6] - Skyworks is partnering with mobile customers to create efficient connectivity solutions Mobile revenues grew 21% sequentially, and the company expects continued growth in the December-end quarter, with normalized orders, inventory, and seasonal product ramps [7] - Skyworks boasts a robust portfolio, including amplifiers, antenna tuners, DC/DC converters, detectors, diodes, ProSLIC, and voltage-controlled oscillators These key components position the company to capitalize on growing demand across wireless connectivity, IoT, automotive, and data centers, offering strong prospects for growth and innovation [17] Valuation and Ranking - SWKS's Value Score of C indicates a stretched valuation at this moment It currently has a Zacks Rank 4 (Sell), which implies that investors should stay away from the stock for the time being [11]

A month has gone by since the last earnings report for Skyworks Solutions (SWKS) . Shares have added about 7.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Skyworks due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Skyworks Q4 Earnings Meet Estimates, Revenues Dow ...

In the year-to-date period, Skyworks Solution (SWKS) shares have underperformed the Zacks Computer & Technology sector and its competitor Broadcom (AVGO) , which offers a wider range of semiconductor solutions.Skyworks shares have plunged 22.7%, while Broadcom’s shares have surged 43.1% in the year-to-date period. The broader sector has appreciated 28.4% over the same time frame.The underperformance can be attributed to persistent challenges in broad markets and data centers due to elevated inventory levels ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.25 per share SWKS Nasdaq Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 27, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ ...

Skyworks Solutions, Inc. (NASDAQ: SWKS ) just reported its fiscal Q4 and full-year results , so I wanted to take a look at the numbers in more detail and give some comments on the outlook for next year. The marketMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analys ...

Skyworks Solutions (SWKS) reported non-GAAP earnings of $1.55 per share in fourth-quarter fiscal 2024, beating the Zacks Consensus Estimate by 1.97% and declining 29.5% year over year.Revenues of $1.02 billion dipped 15.9% on a year-over-year basis but surpassed the consensus mark by 0.31%.Mobile revenues contributed nearly 65% to total revenues and increased 21% sequentially. This growth was attributed to the normalization of customer orders and inventory levels, as well as support for seasonal product ram ...

Skyworks Solutions, Inc. (NASDAQ:SWKS) Q4 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Raji Gill - Vice President of Investor Relations Liam Griffin - Chairman, Chief Executive Officer & President Kris Sennesael - Senior Vice President & Chief Financial Officer Conference Call Participants Peter Peng - JPMorgan Edward Snyder - Charter Equity Research Timothy Arcuri - UBS Krish Sankar - TD Cowen Michael Mani - Bank of America Securities Ruben Roy - Stifel Srini Pajjuri - Ra ...

Skyworks Solutions (SWKS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $2.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.97%. A quarter ago, it was expected that this chipmaker would post earnings of $1.21 per share when it actually produced earnings of $1.21, delivering no surprise.Over the last four quarters, the company has s ...

Exhibit 99.1 Media Relations: Constance Griffiths (949) 231-4207 Constance.Griffiths@skyworksinc.com Investor Relations: Raji Gill (949) 508-0973 Raji.Gill@skyworksinc.com Skyworks Reports Q4 and Full Year FY24 Results • Delivers Revenue of $1.025 Billion • Posts GAAP Diluted EPS of $0.37 and Non-GAAP Diluted EPS of $1.55 • Generates Annual Operating Cash Flow of $1.825 Billion (44% Operating Cash Flow Margin) and Free Cash Flow of $1.668 Billion (40% Free Cash Flow Margin) IRVINE, Calif., Nov. 12, 2024 – S ...

Skyworks Solutions (SWKS) is slated to release fourth-quarter fiscal 2024 results on Nov. 12.For the fourth quarter of fiscal 2024, earnings are expected to be $1.52 per share at the mid-point of the revenue guidance.The Zacks Consensus Estimate for earnings has remained steady at $1.52 per share in the past 30 days. The projection indicates a 30.91% decline from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company expects revenues ...