2024-01-30 18:55:03 ET
Skyworks Solutions, Inc. (SWKS)
Q1 2024 Results Conference Call
January 30, 2024 04:30 PM ET
Company Participants
Raji Gill - Vice President, Investor Relations
Liam Griffin - CEO, President & Chairman of the Board
Kris Sennesael - Senior VP & CFO
Conference Call Participants
Matt Ramsay - Cowen and Company
Chris Caso - Wolfe Research
Christopher Rolland - Susquehanna
Edward Snyder - Charter Equity Research
Gary Mobley - Wells Fargo
Karl Ackerman - BNP Paribas
Blake Friedman - Bank of America Securities
Thomas O'Malley - Barclays
Quinn Bolton - Needham
Presentation
Operator
Good afternoon, and welcome to Skyworks Solutions First Quarter Fiscal Year 2024 Earnings Call. This call is being recorded. At this time, I will turn the call over to Raji Gill, Vice President, Investor Relations for Skyworks. Mr. Gill, please go ahead.
Raji Gill
Thank you, operator. Good afternoon, everyone, and welcome to Skyworks' first fiscal quarter 2024 conference call. With me today is Liam Griffin, our Chairman, Chief Executive Officer, and President; and Kris Sennesael, Chief Financial Officer for Skyworks. This call is being broadcast live over the web and can be accessed from the Investor Relation section of the company website at skyworksinc.com. In addition, the company's prepared remarks will be made available on our website promptly after the conclusion during the call.
Before we begin, I would like to remind everyone that our discussion will include statements relating to future results and expectations that are or may be considered forward-looking statements.
Please refer to our earnings press release and recent SEC filings, including our annual report on Form 10-K for information on certain risks that could cause actual outcomes to differ materially and adversely from any forward-looking statements made today. Additionally, the results and guidance we will discuss include non-GAAP financial measures consistent with our past practice. Please refer to our press release within the Investor Relations section of our company website for a complete reconciliation to GAAP.
With that, I'll turn the call to Liam.
Liam Griffin
Thanks, Raji, and welcome everyone.
Skyworks continued to execute well during the first fiscal quarter of 2024 despite a volatile macroeconomic environment. We delivered revenue of $1.202 billion. We posted earnings per share of a $1.97, and generated $775 million of operating cash flow. Free cash flow was also a record at $753 million or a 63% free cash flow margin, which reflects strong working capital management and moderating CapEx intensity....
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Skyworks Solutions, Inc. (SWKS) Q1 2024 Earnings Call Transcript