Skyworks Solutions (SWKS) Q1 2025 Earnings Call Transcript

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Skyworks Solutions (SWKS 0.82%)
Q1 2025 Earnings Call
Feb 05, 2025, 4:30 p.m. ET

Contents:

• Prepared Remarks
• Questions and Answers
• Call Participants

Prepared Remarks:

Operator

Good afternoon, and welcome to Skyworks Solutions’ first quarter fiscal year earnings call. This call is being recorded. At this time, I will turn the call over to Raj Gill, vice president of investor relations for Skyworks. Mr.

Gill, please go ahead.

Raji Gill — Vice President, Investor Relations

Thank you, operator. Good afternoon, everyone, and welcome to Skyworks’ first fiscal quarter 2025 conference call. With me today for our prepared remarks is Liam Griffin, our chief executive officer and president; and Kris Sennesael, chief financial officer for Skyworks. Following the conclusion of the prepared remarks, Kris will be available for Q&A.

This call is being broadcast over the web and can be accessed from the Investor Relations section of the company’s 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 over to Liam.

Liam K. Griffin — Chairman, President, and Chief Executive Officer

Thanks, Raji, and welcome, everyone. Before we get into the details of the results, I want to address the succession planning we announced today. After an incredible 20-plus years at Skyworks with the last nine as president and CEO, I will be stepping down. Skyworks has chosen Philip Brace as our next president and CEO.

He will join the company on February 17, at which point, I will shift to an advisory role for a few months to help ensure a smooth transition. Today, we also announced that Christine King, who has been our Skyworks lead independent director, has been appointed chairman of the board. She is an excellent choice. Phil’s appointment follows a robust succession planning process by the Skyworks board.