Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Qorvo

Qorvo, Inc. engages in the provision of development and commercialization of technologies and products for wireless and wired connectivity. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment is involved in supplying cellular, UWB, and Wi-Fi solutions for applications, including smartphones, wearables, laptops, tablets, and Internet of things. The Infrastructure & Defense Products segment is involved in supplying RF, system-on-a-chip and power management solutions for applications in wireless infrastructure, defense, Wi-Fi, smart home, automotive, and Internet of things. The firm's products include amplifiers, control products, discrete transistors, filters & duplexers, frequency converters & sources, integrated products, optical components, passives, power management products, switches, and wireless connectivity products. The company was founded on December 13, 2013, and is headquartered in Greensboro, NC.

Earnings data Q4 2021

Earnings data Q1 2022

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Qorvo reports Q4 revenue of $633 million, anticipates Android sales improvement

Qorvo's Q4 results reflected lower end market demand in some areas but showed progress in clearing channel inventory and increased strength in customer design activity. The company provided detailed guidance for the next quarter and discussed expectations for improvement in Android sales and customer demand.

Qorvo exceeds Q1 expectations, anticipates growth in diversified markets

Qorvo's Q1 2024 performance exceeded expectations, but challenges persist in weak 5G infrastructure demand and inventory uncertainties. The company is investing in growth-oriented initiatives and anticipates significant content gains at their largest customer. Diversification outside of the wireless market presents opportunities for future growth.

Qorvo surpasses Q3 earnings expectations amidst market challenges

Qorvo's Q3 performance exceeded expectations, driven by growth in key sectors.
Challenges include softness in consumer markets and inventory normalization efforts.
The company is focusing on managing expenses and evaluating growth opportunities.

Qorvo reports solid Q4 earnings, eyes growth in defense and 5G

Qorvo's Q4 2023 performance showed revenue of $633 million with progress in clearing channel inventory.
The company highlighted design wins, growth opportunities in defense and Wi-Fi, and stable pricing environment.
Challenges include lower end market demand, gross margin issues, and the need to reduce channel inventory.
Opportunities lie in 5G growth, content gains, and effective inventory management for future growth.

Qorvo surpasses Q1 expectations, eyes content gains for growth

Qorvo's strong Q1 performance, strategic design wins, and focus on growth-oriented initiatives position the company for future success. Challenges in inventory management are being addressed, while opportunities for content gains and expansion into new segments are on the horizon.

Qorvo surpasses Q2 expectations, eyes growth in diverse markets

Qorvo's Q2 2024 earnings call showcased strong financial performance, strategic investments, and growth opportunities across diverse markets, positioning the company for long-term success.
While challenges in meeting end demand and competitive pressures persist, Qorvo's focus on technology advancements, inventory management, and revenue growth presents avenues for sustained profitability.
The company's emphasis on operational efficiency, revenue diversification, and market expansion underscores its commitment to driving shareholder value and capitalizing on emerging opportunities.
Overall, Qorvo's performance in the quarter reflects a balanced approach to financial management, strategic growth initiatives, and market positioning, setting a positive trajectory for future success.

Qorvo exceeds Q3 revenue expectations, eyes growth in 5G market

Qorvo delivered strong financial results in Q3 2024, driven by content gains and strategic wins across key markets.
While facing challenges in managing seasonality and integration post-acquisition, the company remains focused on sustainable growth.
Opportunities lie in the growing smartphone market, strategic acquisitions, and diversification efforts for Qorvo's future success.

Qorvo exceeds Q4 earnings expectations, cautious outlook amid global uncertainties

Qorvo's Q4 2024 earnings call showcased strong financial performance, strategic highlights in High Performance Analog, and a focus on driving operational efficiency. While facing challenges from global uncertainties, the company is actively working on improving gross margins and remains cautiously optimistic about the outlook. Opportunities for growth lie in expanding gross margins, success with key customers, and full-year revenue growth across all segments.

Qorvo excels in Q1 2025, eyes growth in AI and China

Qorvo's strong Q1 performance and positive outlook for Q2 reflect its growth momentum and strategic positioning in key markets. Balancing internal manufacturing decisions and addressing market trends are crucial for sustained success and margin expansion.

Qorvo surpasses Q2 revenue expectations, eyes 50% gross margin target

Qorvo delivered strong Q2 results with revenue growth and exceeded EPS guidance. Despite challenges in the Android 5G market, the company remains focused on core strengths and strategic investments for long-term growth and profitability.

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Qorvo, Inc. provides semiconductor solutions for RF and power. The firm combines product and technology leadership, systems-level expertise, and global manufacturing scale to quickly solve its customers' most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including consumer electronics, smart home/IoT, automotive, EVs, battery-powered appliances, network infrastructure, healthcare, and aerospace/defense. It operates through the following segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG). The HPA segment supplies RF and power management solutions for infrastructure, defense and aerospace, automotive power, and other markets. The CSG segment supplies connectivity and sensor components and systems featuring multiple technologies such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT and MEMS-/BAW-based sensors. The ACG segment supplies cellular RF solutions for smartphones, wearables, laptops, tablets, and various other devices. The company was formed following the merger of RF Micro Devices, founded in 2015, and TriQuint Semiconductor, incorporated in 1981. It is headquartered in Greensboro, NC.

GREENSBORO, N.C., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that Company executives are scheduled to present at the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 10, 2024, at 7:25 p.m. Eastern Time (4:25 p.m. Pacific Time).

Qorvo® to Present at the Goldman Sachs Communacopia + Technology Conference

Qorvo's stock is a buy due to expected Federal Reserve rate cuts and Apple's AI-capable devices, despite recent dips and competition. The company is optimizing manufacturing, transitioning to larger wafers, managing inventory, and improving product mix to enhance gross margins. China-related risks and competition from Broadcom and Qualcomm exist, but Qorvo's segmentation strategy and outsourcing improve flexibility and gross margins.

Qorvo: AI-Related Gains With Apple, Cost Optimization, And Potential Fed Easing

Qorvo reported solid growth last quarter as the growing demand for generative AI smartphones boosted the demand for its chips. Qorvo's largest customer seems set to jump onto the AI smartphone bandwagon soon, and this may open another lucrative opportunity for the chipmaker.

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Qorvo's (QRVO) first-quarter fiscal 2025 results benefit from solid traction in the Connectivity and Sensors Group and Advance Cellular Group.

Qorvo (QRVO) Q1 Earnings Beat Estimates, Net Sales Rise Y/Y

Qorvo, Inc. (NASDAQ:QRVO ) Q1 2025 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Douglas DeLieto - Vice President, Investor Relations Robert Bruggeworth - President and Chief Executive Officer Grant Brown - Senior Vice President and Chief Financial Officer Dave Fullwood - Senior Vice President, Sales & Marketing Conference Call Participants Quinn Bolton - Needham & Company Aman Gulani - UBS Christopher Rolland - Susquehanna Karl Ackerman - BNP Paribas Jack Egan - Charter Equity Research Operator Good day and welcome to the Qorvo, Inc. First Quarter 2025 Earning Conference Call. All participants will be in listen-only mode.

Qorvo, Inc. (QRVO) Q1 2025 Earnings Call Transcript

While the top- and bottom-line numbers for Qorvo (QRVO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Qorvo (QRVO) Reports Q1 Earnings: What Key Metrics Have to Say

Qorvo (QRVO) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.34 per share a year ago.

Qorvo (QRVO) Tops Q1 Earnings and Revenue Estimates

The semiconductor company surpassed earnings and revenue expectations. Its advanced cellular group delivered solid performance.

Qorvo's Fiscal Q1 Results Beat Guidance

Chipmaker Qorvo beat Wall Street expectations for first-quarter revenue on Tuesday, as it benefited from a rise in orders due to a recovery in the smartphone market.

Qorvo beats first quarter revenue estimates on upbeat chip demand

GREENSBORO, N.C., July 30, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 first quarter ended June 29, 2024.

Qorvo® Announces Fiscal 2025 First Quarter Financial Results

Qorvo (QRVO) will likely report top-line growth year over year, backed by healthy demand in Connectivity and Sensors Group and Advance Cellular Group.

Will Solid Revenue Growth Boost Qorvo's (QRVO) Q1 Earnings?

GREENSBORO, N.C., July 16, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2025 first quarter financial results on Tuesday, July 30, 2024, at 5:00 p.m. (ET). The conference call will be webcast live on the Company's Investor Relations website at the following URL: https://ir.qorvo.com (under “Events & Presentations”).

Qorvo® to Webcast Quarterly Earnings Conference Call on July 30, 2024

Qorvo's latest quarterly results point toward a significant acceleration in growth. The company's smartphone chips are used by the likes of Apple and Samsung, putting it in a solid position to make the most of the AI smartphone market's growth.

This Growth Stock Might Be Ready to Go Parabolic, and It Is Incredibly Cheap Right Now

Qorvo (QRVO) introduces an advanced suite of high-powered amplifiers to enhance commercial prospects in the defense and aerospace sectors.

Qorvo (QRVO) Unveils Cutting-Edge High-Power Amplifiers

CAMBRIDGE, England--(BUSINESS WIRE)--Cambridge GaN Devices (CGD), the fabless, clean-tech semiconductor company that develops energy-efficient GaN-based power devices that make greener electronics possible, is partnering with Qorvo®, (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, to develop a reference design and evaluation kit (EVK) that showcases GaN for motor control applications. CGD aims to speed the use of GaN power ICs in BLDC and PMSM applications, resulti.

Cambridge GaN Devices to Bring GaN Benefits to Motor Control

GREENSBORO, N.C., June 05, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, is hosting an Investor Day on Tuesday, June 11, 2024, in New York City beginning at 8:30 a.m. ET. The event will be webcast live on the Company's website at the following URL: https://ir.qorvo.com under “Events & Presentations.”

Qorvo® To Webcast Investor Day Presentation on Tuesday, June 11, 2024

Qorvo (QRVO) reported earnings 30 days ago. What's next for the stock?

Why Is Qorvo (QRVO) Up 1.5% Since Last Earnings Report?

GREENSBORO, N.C., May 20, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced that a federal jury in the U.S. District Court for the District of Delaware returned a verdict on Friday, May 17, 2024, in favor of Qorvo, finding that Akoustis Technologies, Inc. and Akoustis Inc. (together, "Akoustis") willfully and maliciously misappropriated Qorvo trade secrets and infringed certain Qorvo patents relating to BAW filter designs. The jury awarded Qorvo over $31,500,000 in compensatory damages and an additional $7,000,000 in punitive damages. This verdict enables Qorvo to pursue an injunction against Akoustis products. Qorvo is pleased with the outcome of this case that was originally filed in October 2021.

Qorvo Announces Verdict and Damage Award in Litigation Versus Akoustis

Earnings and revenue surpassed analyst predictions in Q4 2024. The radio-frequency chip expert posted significant year-over-year growth.

Qorvo Soars Above Estimates, Stock Plunges On "Modest" Next-year Guidance

Apple

Qorvo (QRVO) shares slumped Thursday after the maker of radio frequency chips and a key supplier for Apple (AAPL) provided weaker-than-expected current-quarter guidance in response to declining mobile phone demand.

Slowing Mobile Phone Sales Take A Bite Out Of Apple Supplier Qorvo's Guidance

A healthy top-line expansion backed by solid demand trends in multiple end markets enable Qorvo (QRVO) to beat fourth-quarter fiscal 2024 earnings estimates.

Qorvo (QRVO) Beats Q4 Earnings Estimates on Solid Revenues

Qorvo, Inc. (NASDAQ:QRVO ) Q4 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Douglas DeLieto - Vice President, Investor Relations Bob Bruggeworth - President & Chief Executive Officer Grant Brown - Chief Financial Officer Dave Fullwood - Senior Vice President, Sales & Marketing Conference Call Participants Ruben Roy - Stifel Karl Ackerman - BNP Paribas Edward Snyder - Charter Equity Research Chris Caso - Wolfe Research Srini Pajjuri - Raymond James Thomas O'Malley - Barclays Christopher Rolland - Susquehanna Peter Peng - JPMorgan Operator Good day, and welcome to Qorvo, Inc. Earning Conference Call. All participants will be in listen-only mode.

Qorvo, Inc. (QRVO) Q4 2024 Earnings Call Transcript

Although the revenue and EPS for Qorvo (QRVO) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Qorvo (QRVO) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Qorvo (QRVO) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $0.26 per share a year ago.

News for Qorvo Stock (QRVO)