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AI English summary of an SEC filing — figures as filed

Skyworks Solutions logoSkyworks Solutions SWKS

The company said it reported revenue of $1.025 billion, GAAP operating income of $59 million, GAAP diluted earnings per share of $0.37 and non-GAAP diluted earnings per share of $1.55 for fiscal 2024 Q4, the period ended September 27, 2024.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it reported revenue of $1.025 billion, GAAP operating income of $59 million, GAAP diluted earnings per share of $0.37 and non-GAAP diluted earnings per share of $1.55 for fiscal 2024 Q4, the period ended September 27, 2024.

  2. Skyworks said full-year revenue for fiscal 2024 was $4,178.0 million, down from $4,772.4 million a year earlier. GAAP net income was $596.0 million ($982.8 million a year earlier), and diluted earnings per share were $3.69 ($6.13 a year earlier).

  3. The company said net cash provided by operating activities for the full year was $1,824.7 million ($1,856.4 million a year earlier), and non-GAAP free cash flow, calculated by deducting capital expenditures, was $1,667.7 million ($1,646.1 million a year earlier), with a free cash flow margin of 39.9%.

  4. The company said its board declared a cash dividend of $0.70 per common share, payable on December 24 to stockholders of record as of December 3, 2024. It also projected revenue of $1.05 billion to $1.08 billion for the December quarter.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 Revenue $1.025 billion, GAAP Operating Income $59 million

The company said it reported revenue of $1.025 billion, GAAP operating income of $59 million, GAAP diluted earnings per share of $0.37 and non-GAAP diluted earnings per share of $1.55 for fiscal 2024 Q4, the period ended September 27, 2024.

Source · Based on the filing body and exhibits

Full-Year Revenue $4,178.0 million, Net Income $596.0 million

Skyworks said full-year revenue for fiscal 2024 was $4,178.0 million, down from $4,772.4 million a year earlier. GAAP net income was $596.0 million ($982.8 million a year earlier), and diluted earnings per share were $3.69 ($6.13 a year earlier).

Source · Based on the filing body and exhibits

Full-Year Operating Cash Flow $1,824.7 million, Free Cash Flow $1,667.7 million

The company said net cash provided by operating activities for the full year was $1,824.7 million ($1,856.4 million a year earlier), and non-GAAP free cash flow, calculated by deducting capital expenditures, was $1,667.7 million ($1,646.1 million a year earlier), with a free cash flow margin of 39.9%.

Source · Based on the filing body and exhibits

$0.70 Per Share Dividend and Fiscal 2025 Q1 Outlook

The company said its board declared a cash dividend of $0.70 per common share, payable on December 24 to stockholders of record as of December 3, 2024. It also projected revenue of $1.05 billion to $1.08 billion for the December quarter.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.