Financial Data and Key Metrics Changes - Skyworks reported revenue of $1.071 billion for Q3 2023, slightly above the midpoint of their outlook, with earnings per share of $1.73 and operating cash flow of $306 million [4][8] - Gross profit was $509 million, resulting in a gross margin of 47.5%, down 370 basis points year-over-year due to temporary factory underutilization [8][9] - Operating expenses were $182 million, a decline of 4% sequentially and year-over-year, leading to an operating income of $327 million and an operating margin of 30.5% [9] Business Line Data and Key Metrics Changes - Mobile accounted for approximately 59% of total revenue, with broad content gains offset by weakness in the Android ecosystem [8] - Broad markets contributed approximately 41% of total revenue, with strong contributions from automotive, infrastructure, and industrial markets [8][9] - Automotive revenue continued to grow double-digit year-over-year, with design wins in telematics applications [6][8] Market Data and Key Metrics Changes - The company secured 5G content for Android smartphones and supported Wi-Fi 7 launches for major customers [5][6] - The infrastructure and industrial segments showed growth, particularly in 5G small cell deployments and AI data center solutions [6][8] - Demand from China is starting to improve, although it remains below desired levels [25][45] Company Strategy and Development Direction - Skyworks is focused on advancing its technology roadmap and diversifying into high-growth markets, including automotive and IoT [5][6][13] - The company aims to leverage trends such as generative AI and the expansion of IoT to drive future growth [7][13] - A 10% increase in the quarterly dividend to $0.68 per share reflects confidence in long-term strategic outlook and cash generation [12] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the financial outlook, expecting double-digit sequential revenue and earnings growth in Q4 2023 [10][11] - The company anticipates gross margins to remain in the range of 47% to 48% due to cyclical impacts and inventory reduction efforts [11][19] - Management noted that the inventory correction cycle is nearing its end, with expectations for improved financials moving forward [23][24] Other Important Information - Skyworks generated record free cash flow of $1.350 billion for the first three quarters of the fiscal year, with a free cash flow margin of 38% [9] - The company repaid $500 million of its 2023 notes at maturity during Q3 [9] Q&A Session Summary Question: Content of new phone from largest customer - Management indicated they expect to maintain a strong position with their largest customer but could not provide specific details [15][16] Question: Drivers for improving gross margins - Management noted that gross margins are affected by macro headwinds and inventory levels, with expectations for gradual improvement over time [17][19] Question: Status of inventory correction - Management believes the bottom has been reached for most markets, with expectations for improving financials moving forward [22][23] Question: Demand from China customers - Demand from China is starting to improve, but it is still bumpy; management remains cautious but optimistic [24][25] Question: Breakdown of broad markets business - Automotive is a significant growth area, with expectations for substantial acceleration; other markets like cloud and Wi-Fi are also performing well [28][29] Question: Long-term view on operating expenses - Management plans to continue investing in growth while focusing on efficiency to manage operating expenses [31][32] Question: Share in Wi-Fi and high-end handsets - Management expressed confidence in maintaining a strong position in Wi-Fi technologies, with ongoing consumer demand [36][37] Question: Long-term implications of Huawei's return - Management views Huawei as a non-factor currently, with opportunities in the broader China market still present [54][55] Question: Outlook for December quarter - Management expects December to show sequential growth, following normal seasonal patterns [57][58] Question: Impact of material bans from China - Management assessed that there is minimal risk from the ban on gallium and germanium exports, as they have experience with these materials [59][60] Question: Outlook for mobile vs. broad markets - September is expected to be strong for mobile, while broad markets may see slight declines due to inventory overhang [62][63]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ Commission file number 001-05560 Skyworks Solutions, Inc. (Exact name of registrant as specified in its charter) Delaw ...

Skyworks Solutions, Inc. (NASDAQ:SWKS) Q2 2023 Earnings Conference Call May 8, 2023 10:00 AM ET Company Participants Mitch Haws - Investor Relations Liam Griffin - Chairman, Chief Executive Officer & President Kris Sennesael - Chief Financial Officer Conference Call Participants Ambrish Srivastava - BMO Capital Markets Blayne Curtis - Barclays Vivek Arya - Bank of America Karl Ackerman - BNP Paribas Gary Mobley - Wells Fargo Edward Snyder - Charter Equity Research Harsh Kumar - Piper Sandler Ruben Roy - Sti ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Skyworks Solutions, Inc. (Exact name of registrant as specified in its charter) Delaware 04-2302115 (State or other jurisdiction of incorporation or organization) (I.R.S. ...

Skyworks Solutions, Inc. (NASDAQ:SWKS) Q1 2023 Earnings Conference Call February 6, 2023 4:30 PM ET Company Participants Mitch Haws - Investor Relations Liam Griffin - Chairman, Chief Executive Officer & President Kris Sennesael - Chief Financial Officer Conference Call Participants Ambrish Srivastava - BMO Capital Markets Blayne Curtis - Barclays Gary Mobley - Wells Fargo Toshiya Hari - Goldman Sachs Matt Ramsay - Cowen and Company Edward Snyder - Charter Equity Research Chris Caso - Credit Suisse Karl ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ Commission file number 001-05560 Skyworks Solutions, Inc. (Exact name of registrant as specified in its charter) D ...

Skyworks Solutions, Inc. (NASDAQ:SWKS) JPMorgan 21st Annual Tech/Auto Forum Conference January 5, 2023 2:05 PM ET Company Participants Carlos Bori - Senior Vice President of Sales and Marketing Mitch Haws - Vice President of Investor Relations Conference Call Participants Harlan Sur - JPMorgan Harlan Sur All right. Let's go ahead and get started. Good morning, and thank you for attending JPMorgan's 21st Annual CES Semiconductor, Technology and Automotive Conference. My name is Harlan Sur. I'm the semiconduc ...

Skyworks Solutions, Inc. (NASDAQ:SWKS) Barclays Global Technology, Media and Telecommunications Conference December 7, 2022 4:55 PM ET Company Participants Liam Griffin - President, Chief Executive Officer, and Chairman Conference Call Participants Blayne Curtis - Barclays Blayne Curtis Yes. Thanks for joining. I’m Blayne Curtis, happy to have with me Liam Griffin. He’s the President, CEO, and Chairman of Skyworks. Welcome. Thanks for joining. I thought maybe just start off, I mean, we’ll obviously get in t ...

Skyworks Solutions, Inc. (NASDAQ:SWKS) Q4 2022 Earnings Conference Call November 3, 2022 4:30 PM ET Company Participants Mitch Haws - Investor Relations Liam Griffin - Chairman, Chief Executive Officer & President Kris Sennesael - Chief Financial Officer Conference Call Participants Harsh Kumar - Piper Sandler Matt Ramsay - Cowen Raji Gill - Needham & Company Gary Mobley - Wells Fargo Securities Amber Srivastava - BMO Blayne Curtis - Barclays Karl Ackerman - BNP Paribas Edward Snyder - Charter Equity Resear ...