Press release
Skyworks Reports Q4 and Full Year FY21 Results
Q4 FY21 Results Delivers Record Q4 Revenue of $1.311 Billion, up 17% Sequentially and 37% Y-o-Y Posts Q4 FY21 GAAP Diluted EPS of $1.95, up 34% Y-o-Y;
About this update from Skyworks Solutions, Inc.
[{"type":"text","content":"\nQ4 FY21 Results\n\n\nDelivers Record Q4 Revenue of $1.311 Billion, up 17% Sequentially and 37% Y-o-Y\n\n\nPosts Q4 FY21 GAAP Diluted EPS of $1.95, up 34% Y-o-Y; Non-GAAP Diluted EPS of $2.62, up 42% Y-o-Y\n\n\nGuides to Double-Digit Sequential Revenue and Earnings Growth in Q1 FY22\n\n\nFull Year FY21 Results\n\n\nDelivers Record FY21 Revenue of $5.109 Billion, up 52% Y-o-Y\n\n\nPosts FY21 GAAP Diluted EPS of $8.97, up 87% Y-o-Y; FY21 Non-GAAP Diluted EPS of $10.50, up 71% Y-o-Y\n\n\nGenerates Record Operating Cash Flow in FY21 of $1.772 Billion, up 47% Y-o-Y\n\n\n IRVINE, Calif.--(BUSINESS WIRE)--\nSkyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog semiconductors connecting people, places and things, today reported fourth fiscal quarter and fiscal year-end results for the period ended Oct. 1, 2021.\n\nRevenue for the fourth fiscal quarter of 2021 was $1.311 billion, up 17 percent sequentially and 37 percent year over year and exceeding consensus estimates. On a GAAP basis, operating income for the fourth fiscal quarter was $327.5 million with diluted earnings per share of $1.95. On a non-GAAP basis, operating income was $487.6 million with non-GAAP diluted earnings per share of $2.62.\n\nFor fiscal year 2021, revenue was $5.109 billion, with GAAP diluted earnings per share of $8.97, up 87 percent year over year. Non-GAAP diluted earnings per share for fiscal year 2021 were $10.50, up 71 percent year over year.\n\n“Skyworks set new records for revenue and earnings for the fourth quarter and the fiscal year, delivering significant year-over-year growth in response to robust demand across our expanded product portfolio,” said Liam K. Griffin, chairman, CEO and president of Skyworks. “Our strong performance throughout the initial stage of a multi-year wireless transition has been powered by deep customer relationships and decades of investments in innovative connectivity solutions. Leveraging strategic technologies from high-performance filters to custom gallium arsenide and advanced packaging, our world-class manufacturing capabilities enable us to effectively navigate a complex supply environment, capturing expanding opportunities across our end markets.\n\n“Looking ahead, Skyworks’ cash generation ability is funding capacity expansion and next-generation technology development, positioning us for ...