Qorvo surges in afterhours after Q3 beats estimates, upbeat Q4 guide
Qorvo Inc (NASDAQ:QRVO) shares jumped more than 18% in aftermarket trading after its third-quarter earnings beat Wall Street estimates. Company reported adjusted earnings per share of $1.61, beating the consensus of $1.
Qorvo Q3 Earnings Surpass Estimates Despite Lower Revenues
Despite year-over-year sales drop in the key business vertical, strength in key end markets such as defense and aerospace supported QRVO's top-line growth.
Qorvo: Q3 Earnings Insights
The earnings results for Qorvo QRVO -2.15% Get Free Report for Q3 were made public on Tuesday, January 28, 2025 at 04:00 PM. Here's a comprehensive overview of the announcement. Qorvo beat estimated earnings by 33.0%, reporting an EPS of $1.61 versus an estimate of $1.21.
Qorvo: Fiscal Q3 Earnings Snapshot
GREENSBORO, N.C. (AP) — GREENSBORO, N.C. (AP) — Qorvo Inc. (QRVO) on Tuesday reported fiscal third-quarter net income of $41.3 million. On a per-share basis, the Greensboro, North Carolina-based company said it had profit of 43 cents. Earnings, adjusted for one-time gains and costs, were $1.61 per share.
Qorvo (QRVO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2024, Qorvo (QRVO) reported revenue of $916.32 million, down 14.7% over the same period last year. EPS came in at $1.61, compared to $2.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $901.
Qorvo surges as Q3 results, guidance blow past expectations
Qorvo (NASDAQ:QRVO) shares surged 14% in late trading on Tuesday after the semiconductor company reported fiscal third-quarter results and guidance that topped expectations by a wide margin. For the period ending December 28,
Qorvo reports Q3 EPS $1.61, consensus $1.21
Reports Q3 revenue $916.32M, consensus $910.83M. Bob Bruggeworth, president and chief executive officer of Qorvo (QRVO), said, “Qorvo is ...
Qorvo price target raised to $90 from $80 at Loop Capital
Loop Capital analyst Gary Mobley raised the firm’s price target on Qorvo (QRVO) to $90 from $80 but keeps a Hold rating on the shares after its Q3 earnings beat. The company’s outlook is consistent ...
Qorvo EPS Beats, Revenue Struggles
Qorvo posted a solid earnings beat for Q3 Fiscal 2025, although year-over-year performance reflected ongoing challenges.
Qorvo, Inc. Q3 Earnings Summary
Below are the earnings highlights for Qorvo, Inc. (QRVO): Earnings: $41.3 million in Q3 vs. -$126.9 million in the same period last ...
Qorvo: Solid Earnings Beat, But ACG Division Pressures Are Likely To Persist
Financial writer's review of recent weak performance and challenges facing semiconductor stock Qorvo, Inc. despite solid ...
Qorvo Stock Soars After Strong Q3 Results: Details
Qorvo stock soars after the company reports its third-quarter financial results after Tuesday's closing bell. Here's a look ...
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Qorvo Stock Dips Ahead Of Q3 Results, Even As Analyst Sees Activist Investor-Led Upside: Retail Sentiment Improves
Shares of Qorvo Inc. (QRVO) slipped over 2% in mid-day trading Tuesday, as investors awaited the company’s third-quarter ...
Qorvo erases gains as company sees choppy waters linked to Apple
What goes up must come down. Traders initially liked Qorvo (QRVO)'s third-quarter results and guidance, but comments about ...