Skyworks Solutions, Inc.

Good afternoon and welcome to Skyworks' third quarter fiscal 2023 earnings call. This call is being recorded. At this time, I will turn the call over to Mr. Chris Senesal, Chief Financial Officer for Skyworks. Thank you. Please go ahead.

Thank you, Ina. Good afternoon, everyone, and welcome to Skyworks' third fiscal quarter 2023 conference call. With me today is Liam Griffin, our chairman, chief executive officer, and president. Before we begin, I would like to remind everyone that our discussions 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 the complete reconciliation to GAAP. And with that, I'll turn the call over to Liam.

Thanks, Chris, and welcome, everyone. The Skyworks team continued to execute well during the third fiscal quarter, despite macro headwinds, delivering in-line revenue along with solid profitability and strong cash flow. Specifically, we delivered revenue of $1 billion and $71 million, posted earnings per share of $1.73, and generated $306 million of operating cash flow. During the quarter, we continued to advance our technology roadmap and introduced new high-performance connectivity and analog solutions, while supporting product launches at an expanding set of mobile and broad market customers. As a result, we expect double-digit sequential revenue and earnings growth in the September quarter. Turning to our quarterly business highlights, in mobile and IoT, we secured 5G content for Android smartphones across all tiers. We delivered Sky5 platforms for broadband CPEs of leading North American carriers. We supported Wi-Fi 7 launches of tri-band routers for Netgear and TP-Link and powered Bell's Wi-Fi 6E home gateway. In addition, we continue to gain design wind momentum with our five gigahertz cognitive wireless audio solutions, supporting Samsung's QSymphony soundbars. Across infrastructure and industrial, we enabled 5G small cell deployments with a top North American operator and ramp timing solutions for AI data centers at a leading cloud provider. In automotive, we continue to post double-digit year-over-year revenue growth while capturing design for telematics applications across a broad range of manufacturers. And we extended our engagements by leveraging our power isolation portfolio with a North American EV supplier. These highlights demonstrate Skyworks technology leadership in mobile, while executing on a diversification strategy in high growth end markets. Additionally, several disruptive market trends are now unleashing new meaningful growth opportunities for Skyworks. For example, generative AI is proliferating on a global scale with rapid adoption sparking exponential growth in the amount of data accessed from the network edge to the cloud. In turn, this will further drive complexity in wireless infrastructure networks, as AI will require higher throughput, more secure connections, lower latency, and improved power management. Skyworks is uniquely positioned to benefit from these trends, with our advanced integrated solutions supporting wireless infrastructure, cellular connectivity for mobile devices, as well as other leading wireless protocols used in billions of IoT products. With that, I will turn the call over to Chris for a discussion of last quarter's performance and our outlook for Q4.