
Skyworks Revenue Plunges 12.5% on Mobile Demand Slump
Skyworks Solutions, Inc.Description
What this story covers
Skyworks' 2024 revenue fell 12.5 percent to 4 point 18 billion dollars, with Apple at 69 percent. Net income was 596 million dollars. Strong liquidity with 1 point 57 billion dollars cash and securities. Focus on 5G, IoT, autos; risks from geopolitics, competition.
Story snapshot
CompanySkyworks Solutions, Inc.
TickerSWKS
VariantStandard detailed
Duration12:32
Filing type10-K
PeriodAnnual 2024
IndustryTechnology
Accession0000004127-24-000131
Full Story Script
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