04:56 PM EDT, 05/07/2025 (MT Newswires) -- Skyworks Solutions ( SWKS ) reported fiscal Q2 non-GAAP net income late Wednesday of $1.24, down from $1.55 a year earlier.

Analysts polled by FactSet expected $1.20.

Net revenue in the three months ended March 28 fell to $953.2 million from $1.05 billion a year earlier.

Analysts surveyed by FactSet expected $951.5 million.

The company expects Q3 non-GAAP diluted EPS of $1.24 on revenue of $920 million to $960 million. Analysts polled by FactSet expect EPS of $1.06 on revenue of $919.3 million.

The company maintained its quarterly dividend at $0.70 a share, payable June 17 to investors of record May 27.

The company appointed Mark Dentinger as chief financial officer, effective June 2. He succeeds Kris Sennesael, who is leaving effective Friday to accept another position.

Dentinger, 67, previously served as CFO at Veritas Technologies, Skyworks said in a regulatory filing.

Shares of the company fell 1.6% in after-hours trading.