04:18 PM EST, 11/12/2024 (MT Newswires) -- Skyworks Solutions ( SWKS ) reported fiscal Q4 non-GAAP net income late Tuesday of $1.55 per diluted share, down from $2.20 a year earlier.

Analysts polled by Capital IQ expected $1.52.

Revenue for the quarter ended Sept. 27 was $1.02 billion, compared with $1.22 billion a year earlier.

Analysts expected $1.02 billion.

For Q1, the company is projecting non-GAAP EPS of $1.57 at the midpoint of the revenue range between $1.05 billion and $1.08 billion.

Analysts polled by Capital IQ are looking for $1.72 and $1.10 billion, respectively.

The semiconductor components company kept the quarterly dividend at $0.70 per share, payable on Dec. 24 to shareholders of record on Dec. 3.

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