Skyworks Solutions Inc. reported its fourth-quarter earnings for fiscal year 2024, posting an adjusted earnings per share (EPS) of $1.55, slightly above analyst expectations of $1.52. The company's revenue reached $1.025 billion, matching the consensus estimate of $1.02 billion, but reflecting a 16% decline year-over-year. The adjusted gross margin was reported at 46.5%, down from 47.1% in the previous quarter. Additionally, Skyworks reported an adjusted operating income of $273.5 million, which was up 25% quarter-over-quarter but fell short of the estimated $274.7 million. For the first quarter of fiscal year 2025, the company has guided revenue expectations 3% lower and EPS expectations 9% lower than previous estimates. The implied stock move following the earnings report is projected to be +/- 7.9%.