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AI English summary of an SEC filing — figures as filed

Skyworks Solutions logoSkyworks Solutions SWKS

Skyworks said it posted net revenue of $1,068.5 million, operating income of $181.1 million and net income of $162.0 million for the 3 months ended December 27, 2024. Net revenue for the same period a year earlier was $1,201.5 million, and net income was $231.3 million.

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

Key points

AI summary
  1. Skyworks said it posted net revenue of $1,068.5 million, operating income of $181.1 million and net income of $162.0 million for the 3 months ended December 27, 2024. Net revenue for the same period a year earlier was $1,201.5 million, and net income was $231.3 million.

  2. The company also presented non-GAAP free cash flow of $338.2 million for the same 3 months, calculated as net cash provided by operating activities of $377.2 million less capital expenditures of $39.0 million. Free cash flow for the same period a year earlier was $752.7 million.

  3. Skyworks said its board approved a stock repurchase program of up to $2.0 billion on February 4, 2025, running through February 3, 2027, and that it expects to fund the program with working capital. It also said the board declared a cash dividend of $0.70 per share, payable on March 17, 2025.

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. Some paragraphs were omitted because their support in the source could not be confirmed.

2025 fiscal-year Q1 revenue and earnings

Skyworks said it posted net revenue of $1,068.5 million, operating income of $181.1 million and net income of $162.0 million for the 3 months ended December 27, 2024. Net revenue for the same period a year earlier was $1,201.5 million, and net income was $231.3 million.

Source · Based on the filing body and exhibits

Operating cash flow and free cash flow

The company also presented non-GAAP free cash flow of $338.2 million for the same 3 months, calculated as net cash provided by operating activities of $377.2 million less capital expenditures of $39.0 million. Free cash flow for the same period a year earlier was $752.7 million.

Source · Based on the filing body and exhibits

New share repurchase authorization and dividend

Skyworks said its board approved a stock repurchase program of up to $2.0 billion on February 4, 2025, running through February 3, 2027, and that it expects to fund the program with working capital. It also said the board declared a cash dividend of $0.70 per share, payable on March 17, 2025.

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.