分组1 - Skyworks Solutions reported quarterly earnings of $1.54 per share, exceeding the Zacks Consensus Estimate of $1.4 per share, but down from $1.6 per share a year ago, resulting in an earnings surprise of +10.20% [1] - The company achieved revenues of $1.04 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.68%, although this is a decrease from year-ago revenues of $1.07 billion [2] - Skyworks has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - The stock has underperformed, losing about 10.4% since the beginning of the year, while the S&P 500 has gained 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $863.41 million, and for the current fiscal year, it is $4.39 on revenues of $3.62 billion [7] - The Semiconductors - Radio Frequency industry, to which Skyworks belongs, is currently ranked in the top 8% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8]

Financial Data and Key Metrics Changes - The company reported revenue of $1.04 billion, exceeding the high end of guidance, with earnings per share of $1.54, and generated $339 million in free cash flow [8][14] - Gross profit was $482 million, resulting in a gross margin of 46.6%, while operating income was $252 million, translating to an operating margin of 24.3% [14] - The company ended the quarter with approximately $1.6 billion in cash and investments and $1 billion in debt, maintaining a strong balance sheet [15] Business Line Data and Key Metrics Changes - Mobile revenue represented 62% of total revenue, driven by healthy sell-through at the top customer, while broad markets grew 4% sequentially and 11% year-over-year [14][15] - Broad markets delivered its eighth consecutive quarter of growth, reflecting strength across edge IoT, data center, and automotive sectors [10][11] Market Data and Key Metrics Changes - The smartphone replacement cycle is beginning to shorten, driving increased unit growth as consumers upgrade more frequently, particularly with new AI-capable devices [9] - Automotive demand remains solid, driven by increased connectivity across telematics and infotainment [10] Company Strategy and Development Direction - The company is focused on operational execution, customer engagement, and disciplined investment in its product roadmap, with a strategy to invest in core technologies and grow broad markets [7][8] - The combination with Qorvo is expected to enhance scale, R&D capabilities, and technology portfolio, aiming for over $500 million in synergies over time [4][5] Management's Comments on Operating Environment and Future Outlook - Management remains bullish on long-term drivers of RF content, supported by accelerated replacement cycles and rising RF complexity tied to AI workloads [10] - The company expects revenue for the second quarter of fiscal 2026 to range between $875 million and $925 million, anticipating a 20% sequential decline in mobile revenue due to seasonality [15][16] Other Important Information - The company is committed to closing the transaction with Qorvo, with regulatory filings completed and a shareholder vote scheduled [5][6] - The company is maintaining a disciplined approach to operating expenses, projecting them to be between $230 million and $240 million in the next quarter [16] Q&A Session Summary Question: Can you elaborate on the expected benefits from the Qorvo deal? - The CEO highlighted the complementary nature of the portfolios, particularly in RF technologies, which should reduce volatility and increase scale [20][21] Question: What areas of broad markets do you see the most strength in? - The CEO pointed to Wi-Fi 7 adoption, automotive connectivity, and power/timing products for data centers as key growth areas [28][30] Question: How do you see the content gains at your largest customer being offset by mix? - The CEO explained that while content gains are expected, the mix of models and their performance is uncertain, leading to a projection of flat blended content [41][72] Question: What is the outlook for gross margins given memory pricing dynamics? - The CFO noted that gross margins are projected to decline due to typical seasonality and a higher mix of Android products, but no abnormal trends are expected [68] Question: How is the data center segment performing relative to the overall market? - The CEO confirmed that the data center segment is growing faster than the overall broad markets, driven by demand for power isolation and timing products [76]

Financial Data and Key Metrics Changes - Skyworks reported revenue of $1.04 billion, exceeding the high end of guidance, with earnings per share of $1.54, and generated $339 million in free cash flow [8][14] - Gross profit was $482 million, resulting in a gross margin of 46.6%, while operating income was $252 million, translating to an operating margin of 24.3% [14] - The company ended the quarter with approximately $1.6 billion in cash and investments and $1 billion in debt, maintaining a strong balance sheet [15] Business Line Data and Key Metrics Changes - Mobile revenue represented 62% of total revenue, driven by healthy sell-through at the top customer, while broad markets grew 4% sequentially and 11% year-over-year [14][15] - Broad markets delivered its eighth consecutive quarter of growth, reflecting strength across edge IoT, data center, and automotive sectors [10][11] Market Data and Key Metrics Changes - The smartphone replacement cycle is beginning to shorten, driving increased unit growth as consumers upgrade more frequently [9] - Automotive demand remains solid, driven by increased connectivity across telematics and infotainment [10] Company Strategy and Development Direction - The company is focused on operational execution, customer engagement, and disciplined investment in its product roadmap, with a strategy to invest in core technologies and grow broad markets [7][8] - The combination with Qorvo is expected to enhance scale, R&D capabilities, and technology portfolio, with anticipated synergies of over $500 million [4][5] Management's Comments on Operating Environment and Future Outlook - Management remains bullish on long-term drivers of RF content, supported by accelerated replacement cycles and rising RF complexity tied to AI workloads [10] - The company expects revenue for Q2 of fiscal 2026 to range between $875 million and $925 million, anticipating a sequential decline in mobile revenue of approximately 20% [15][16] Other Important Information - The company is committed to closing the transaction with Qorvo, with regulatory approvals expected to be completed by early calendar year 2027 [5][6] - The company is actively monitoring customer forecasts and channel inventory, which remains lean [9] Q&A Session Summary Question: Can you elaborate on the expected benefits from the Qorvo deal? - Management highlighted the complementary nature of the portfolios, particularly in RF technologies, which should reduce volatility and enhance innovation opportunities [20][21] Question: What areas of broad markets do you see driving growth? - Management identified Wi-Fi, automotive, and data center power and timing products as key growth areas, with strong demand signals in these segments [29][30] Question: How do you see the content gains at your largest customer being affected by mix? - Management indicated that while content gains have been defended, the overall blended content is expected to be flat due to uncertainties in model performance [41][72] Question: What is the outlook for gross margins given the current market dynamics? - Management projected a decrease in gross margin due to typical seasonality and a higher mix of Android products, but noted no abnormal trends [68] Question: How is the data center segment performing relative to the overall market? - Management confirmed that the data center segment is growing faster than the overall broad markets, driven by demand for power isolation and timing products [76]

Financial Data and Key Metrics Changes - Skyworks reported revenue of $1.04 billion, exceeding the high end of guidance, with earnings per share of $1.54, and generated $339 million in free cash flow [8][14] - Gross profit was $482 million, resulting in a gross margin of 46.6%, while operating income was $252 million, translating to an operating margin of 24.3% [13][14] - The company ended the quarter with approximately $1.6 billion in cash and investments and $1 billion in debt, maintaining a strong balance sheet [14] Business Line Data and Key Metrics Changes - Mobile revenue represented 62% of total revenue, driven by healthy sell-through at the top customer, while broad markets grew 4% sequentially and 11% year-over-year [13][14] - Broad markets delivered its eighth consecutive quarter of growth, reflecting strength across edge IoT, data center, and automotive sectors [10][11] Market Data and Key Metrics Changes - The smartphone replacement cycle is beginning to shorten, driving increased unit growth as consumers upgrade more frequently [9] - Automotive demand remains solid, driven by increased connectivity across telematics and infotainment [10] Company Strategy and Development Direction - The company is focused on operational execution, customer engagement, and disciplined investment in its product roadmap, with a strategy to invest in core technologies and grow broad markets [6][7] - The combination with Qorvo is expected to enhance scale, R&D capabilities, and technology portfolio, aiming for over $500 million in synergies over time [4][5] Management's Comments on Operating Environment and Future Outlook - Management remains bullish on long-term drivers of RF content, supported by accelerated replacement cycles and rising RF complexity tied to AI workloads [10] - The company expects revenue for Q2 of fiscal 2026 to range between $875 million and $925 million, anticipating a sequential decline in mobile revenue of approximately 20% [14][15] Other Important Information - The company is committed to closing the transaction with Qorvo, with regulatory filings completed and integration planning underway [5][6] - The effective tax rate for the quarter was 10%, and the company anticipates approximately $4 million in other income for the next quarter [14][15] Q&A Session Summary Question: Insights on the Qorvo deal and expected benefits - Management highlighted the complementary nature of the portfolios, particularly in RF technologies, which should reduce volatility and enhance innovation opportunities [18][19] Question: Strength in broad markets and growth areas - Management identified Wi-Fi 7 adoption, automotive connectivity, and data center power and timing products as key growth areas driving demand [26][28] Question: Content gains and pricing dynamics with the largest customer - Management indicated that while content gains are expected, they may be offset by mix dynamics, and competitive pricing remains a factor [30][45] Question: Data center growth relative to overall segment - Management confirmed that data center products are growing faster than the overall broad markets, driven by demand for power isolation and timing products [72]

Skyworks Solutions forecast second-quarter earnings above estimates on Tuesday, signaling strong demand for its chips used in 5G phones. ...

Exhibit 99.1 Media Relations: Constance Griffiths (949) 230-4867 Constance.Griffiths@skyworksinc.com Investor Relations: Raji Gill (949) 508-0973 Raji.Gill@skyworksinc.com Skyworks Delivers Strong Q1 FY26 Performance Driven by Mobile and Broad Markets IRVINE, Calif., Feb. 3, 2026 – Skyworks Solutions, Inc. (Nasdaq: SWKS), a leading developer, manufacturer and provider of analog and mixed-signal semiconductors and solutions for numerous applications, today reported first fiscal quarter results for the period ...

Core Viewpoint - Skyworks Solutions, Inc. reported strong financial results for the first fiscal quarter of 2026, exceeding expectations for the fourth consecutive quarter, driven by robust performance in mobile and broad markets [3][2]. Financial Performance - Revenue for the first fiscal quarter of 2026 was $1.035 billion, with GAAP operating income of $104 million and diluted earnings per share of $0.53. On a non-GAAP basis, operating income was $252 million, with non-GAAP diluted earnings per share of $1.54 [2][9]. - The company experienced a gross profit of $427.2 million, resulting in a GAAP gross margin of 41.3% and a non-GAAP gross margin of 46.6% [21][19]. Business Highlights - Mobile segment performance exceeded expectations due to strong sell-through and operational execution, while Broad Markets showed accelerating growth, particularly in Wi-Fi 7 and cloud infrastructure [3][10]. - The company announced significant design wins in advanced Wi-Fi 7, automotive connectivity, and 5G applications, enhancing its market position [10]. Future Outlook - For the second fiscal quarter of 2026, Skyworks anticipates revenue between $875 million and $925 million, with non-GAAP diluted earnings per share projected at $1.04 at the midpoint of the revenue range. The mobile segment is expected to decline approximately 20% sequentially, while Broad Markets are anticipated to remain flat [6][5]. Dividend Declaration - The board of directors declared a cash dividend of $0.71 per share, payable on March 17, 2026, to stockholders of record as of February 24, 2026 [7].

Core Viewpoint - During turbulent market conditions, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends to shareholders [1]. Group 1: Investment Strategy - Investors are increasingly turning to dividend-yielding stocks as a strategy to navigate market uncertainty [1]. - High free cash flow companies are preferred for their ability to provide consistent dividend payouts [1]. Group 2: Analyst Ratings - The article highlights the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector [2]. - The mentioned stocks include HP Inc (NYSE:HPQ), Skyworks Solutions Inc (NASDAQ:SWKS), and Opera Ltd (NASDAQ:OPRA) [3].

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Pzena Investment Management recently released its fourth-quarter 2025 commentary for “Pzena Focused Value Strategy.” A copy of the letter can be downloaded here. The fourth quarter was defined by strong AI momentum and continued market dominance by mega-cap stocks. In this environment, Pzena Focused Value Strategy underperformed the Russell 1000® Value Index, delivering a net return of 2.5% vs. 3.8% for the Index. Given the limited leadership in the market, the firm still observes appealing valuation differ ...