Skyworks Solutions Q2 2024 Earnings Call Analysis and Guidance

Wednesday, 1 May 2024, 02:30

Skyworks Solutions reported solid results for Q2 2024, with revenue of $1.046 billion, earnings per share of $1.55, and $300 million of operating cash flow. The company reflected on challenges in the mobile business due to lower-than-expected end-market demand but expects recovery with strategic initiatives. Broad markets show signs of improvement with modest growth, while AI-enabled smartphones may drive future growth in RF complexity and connectivity.
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Skyworks Solutions Q2 2024 Earnings Call Analysis and Guidance

Skyworks Solutions Q2 2024 Earnings Call Overview

Key Points:

  • Solid results with revenue of $1.046 billion and $1.55 EPS
  • Challenges in mobile business from soft demand, but recovery expected
  • Broad markets show modest growth with opportunities in AI-enabled smartphones

The earnings call focused on revenue performance, operational excellence, and challenges in certain markets. Skyworks Solutions remains optimistic about growth opportunities driven by evolving technologies and market dynamics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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