NASDAQ$SWKS
Skyworks Solutions · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Skyworks reported solid Q3 FY24 results with strong profitability, driven by mobile business ramping up and broad markets business recovering.
Skyworks Solutions, Inc. reported Q3 FY24 revenue of $906 million. GAAP diluted EPS was $0.75, and non-GAAP diluted EPS was $1.21. The company's mobile business is ramping up, and the broad markets business is recovering.
- Delivered Revenue of $906 Million
- Posted GAAP Diluted EPS of $0.75 and Non-GAAP Diluted EPS of $1.21
- Increased Quarterly Dividend by 3% to $0.70 Per Share
- Mobile business is ramping up while broad markets business continues to recover
Headline financials
Revenue & EPS history
Skyworks · Revenue · Quarterly
$906M
Forward guidance
For the September quarter, Skyworks expects revenue to be $1.00 billion to $1.04 billion with non-GAAP diluted earnings per share of $1.52 at the mid-point of the revenue range.
Tailwinds
- Mobile business to be up approximately 20% sequentially, as demand and supply patterns appear to be normalizing.
- In broad markets, expects modest improvement, representing three consecutive quarters of sequential growth.
- Solid capital structure
- Strong year-to-date cash flow generation
- Announcing another increase to our quarterly dividend.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.7%
Avg return
Earnings day
-1.4%
Avg return
5 days after
-1.2%
Avg return
30 days after
52%
36 / 69 earnings
Positive
+14.3%
Q3 2012
Best reaction
-24.7%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -0.9% | -4.5% | +1.5% | |
| Q1 2026 | +5.5% | +10.0% | -2.0% | |
| Q4 2025 | +2.1% | -4.6% | -17.8% | |
| Q2 2025 | +0.6% | +8.6% | +7.0% | |
| Q1 2025 | -24.7% | -25.1% | -16.6% | |
| Q4 2024 | -5.5% | -4.9% | +1.9% | |
| Q3 2024 | -3.2% | -10.8% | -8.3% | |
| Q2 2024 | -16.3% | -14.2% | -15.9% | |
| Q1 2024 | -1.6% | -4.7% | -1.2% | |
| Q4 2023 | +4.6% | +2.6% | +12.8% | |
| Q3 2023 | -0.5% | -1.9% | -2.9% | |
| Q2 2023 | -4.1% | -6.7% | +0.9% | |
| Q1 2023 | +9.3% | +6.3% | +2.0% | |
| Q4 2022 | +5.4% | +6.3% | +12.7% | |
| Q3 2022 | +0.7% | -4.6% | -12.1% | |
| Q2 2022 | -4.2% | -10.8% | -6.5% | |
| Q1 2022 | -9.0% | -5.5% | -8.5% | |
| Q4 2021 | -5.4% | -5.4% | -13.9% | |
| Q3 2021 | -3.9% | -2.0% | -4.5% | |
| Q2 2021 | -7.7% | -11.6% | -13.4% | |
| Q1 2021 | +8.6% | +19.0% | +14.1% | |
| Q4 2020 | -1.8% | +3.9% | +1.5% | |
| Q3 2020 | -3.4% | -1.2% | +4.2% | |
| Q2 2020 | +5.9% | +12.5% | +28.8% | |
| Q1 2020 | -2.1% | -4.1% | -8.3% | |
| Q4 2019 | +0.8% | -1.0% | +11.1% | |
| Q3 2019 | +3.4% | -1.8% | +2.8% | |
| Q2 2019 | -1.0% | -5.6% | -24.7% | |
| Q1 2019 | +13.1% | +9.1% | +6.2% | |
| Q4 2018 | -7.2% | -12.8% | -18.2% | |
| Q3 2018 | -4.9% | -7.4% | -10.0% | |
| Q2 2018 | +5.3% | +5.8% | +10.5% | |
| Q1 2018 | +5.7% | +3.7% | +12.7% | |
| Q4 2017 | -1.8% | -2.5% | -14.8% | |
| Q3 2017 | +2.0% | +0.9% | -3.0% | |
| Q2 2017 | -3.1% | -2.2% | +2.8% | |
| Q1 2017 | +11.9% | +16.4% | +21.5% | |
| Q4 2016 | +0.1% | +3.1% | -2.3% | |
| Q3 2016 | -6.7% | -5.2% | +4.0% | |
| Q2 2016 | -7.6% | — | — | |
| Q1 2016 | +10.9% | — | — | |
| Q4 2015 | +7.2% | — | — | |
| Q3 2015 | -1.9% | — | — | |
| Q2 2015 | +5.0% | — | — | |
| Q1 2015 | +4.6% | — | — | |
| Q4 2014 | -1.6% | — | — | |
| Q3 2014 | +10.7% | — | — | |
| Q2 2014 | +12.1% | — | — | |
| Q1 2014 | +4.9% | — | — | |
| Q4 2013 | +4.8% | — | — | |
| Q3 2013 | +4.7% | — | — | |
| Q2 2013 | -0.1% | — | — | |
| Q1 2013 | +13.1% | — | — | |
| Q4 2012 | -14.7% | — | — | |
| Q3 2012 | +14.3% | — | — | |
| Q2 2012 | +10.3% | — | — | |
| Q1 2012 | +12.1% | — | — | |
| Q4 2011 | +2.7% | — | — | |
| Q3 2011 | +4.5% | — | — | |
| Q2 2011 | -4.6% | — | — | |
| Q1 2010 | -1.0% | — | — | |
| Q1 2011 | +1.7% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q4 2008 | -2.1% | — | — | |
| Q3 2009 | -5.7% | — | — | |
| Q3 2010 | -5.7% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q2 2009 | +1.6% | — | — |
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