Reports Q4 revenue $1.02B, consensus $1.02B. “Skyworks (SWKS)’ fourth fiscal quarter revenue grew 13% sequentially, above the midpoint of our guidance,” said Liam Griffin, chairman, chief executive officer and president of Skyworks. “For the second year in a row, we generated over $1.6 billion of free cash flow and ended fiscal 2024 with a record 40% free cash flow margin. Looking ahead, we believe AI is poised to ignite a transformative smartphone upgrade cycle, propelling the demand for higher levels of RF complexity. We are in the early stages of this multi-year trend and Skyworks is well-positioned to capitalize on it.”
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