Quarterly guidance

Revenue
$1.8 billion to $1.9 billion
Non-GAAP Gross Margin
46% to 48%
Non-GAAP Operating Expenses
$465 million to $505 million
Non-GAAP Diluted EPS
$1.25 at the midpoint of revenue guidance

Annual guidance

Annual guidance
No annual guidance was provided.

Outlook

Smartphone market
Expect smartphone revenue to decline in the low teens percent sequentially in the December quarter.
Diversified growth markets
Expect revenue to grow in the low single digits sequentially in the December quarter.
Cost synergies
Expect to realize approximately $150 million of operating expense synergies within fiscal 2027.
Input costs
Input costs remain a headwind to margins, and the company expects this to continue.
Android market
Management believes the Android business is bottoming and will represent less than 10% of the overall smartphone business.
Data center
Data center is the fastest-growing market, and management expects this trend to continue.