Skyworks Solutions Q4 FY9/24 Earnings Review

Skyworks Solutions Q4 FY9/24 Earnings Review
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WeWait

by JamsODonnell

Skyworks Solutions, Inc. reported Q4 2024 earnings on Nov. 12th. Total revenue was $1.02 billion, 13% higher than Q3, but 16% lower than the same quarter last year. TTM revenue at $4.18 billion is still decreasing, both QoQ and YoY. Gross margin is still relatively low but picking up at around 42%. Balance sheet is solid, net cash position has doubled while Capex investment has tripled since last quarter. The numbers are posted below.