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Skyworks reports Q1 adjusted EPS $1.97, consensus $1.95
The Fly

Skyworks reports Q1 adjusted EPS $1.97, consensus $1.95

Reports Q1 revenue $1.202B, consensus $1.2B. “Skyworks continues to execute well and generate robust profitability in light of ongoing macroeconomic volatility,” said Liam K. Griffin, chairman, chief executive officer and president of Skyworks. “We delivered record quarterly free cash flow of $753 million, which reflects strong working capital management and moderating capex intensity. We are seeing signs that the Android smartphone market is recovering. In broad markets, we are well positioned for long-term growth in edge-connected IoT devices, automotive electrification and advanced safety systems, and AI-enabled workloads driving cloud and data center upgrades.”

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