Skyworks sees Q4 EPS $2.10, consensus $2.11

Sees Q4 revenue $1.19-$1.24, consensus $1.22B. The company CFO states: “”We expect double-digit sequential revenue and earnings growth in the September quarter. Specifically, in the fourth fiscal quarter of 2023, we anticipate revenue to be between $1.190 billion and $1.240 billion with non-GAAP diluted earnings per share of $2.10 at the midpoint of our revenue range, representing sequential revenue and non-GAAP diluted earnings per share growth of 13% and 21%, respectively. In addition, given our conviction in Skyworks’ business outlook and strong cash flow generation, we are announcing another substantial increase to our quarterly dividend.”