QRVO Stock Recent News

Qorvo (QRVO) is likely to witness a top line contraction year over year in the first quarter of fiscal 2024, owing to weak demand in various end markets, geopolitical volatility and stiff competition.

The accelerated deployment of 5G is enhancing the prospects of the Zacks Semiconductors - Radio Frequency industry players like Skyworks (SWKS) and Qorvo (QRVO) despite challenging macroeconomic conditions.

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

Qorvo, Inc. (NASDAQ:QRVO ) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference Call May 24, 2023 8:40 AM ET Company Participants Bob Bruggeworth - President & Chief Executive Officer Frank Stewart - President of Qorvo's Advanced Cellular Group Doug DeLieto - Vice President of Investor Relations Conference Call Participants Harlan Sur - J.P.

The accelerated deployment of 5G enhances the prospects of the Zacks Semiconductors - Radio Frequency industry players like Skyworks (SWKS) and Qorvo (QRVO) despite challenging macroeconomic conditions.

Qorvo (QRVO) witnessed a top line contraction year over year in fourth quarter fiscal 2023 owing to weak end market demand and underutilization of production capacity.

Qorvo, Inc. (NASDAQ:QRVO ) Q4 2023 Results Conference Call May 3, 2023 5:00 PM ET Company Participants Douglas DeLieto - VP, IR Bob Bruggeworth - President and CEO Grant Brown - CFO Dave Fullwood - SVP, Sales and Marketing Conference Call Participants Toshiya Hari - Goldman Sachs Gary Mobley - Wells Fargo Securities Vivek Arya - Bank of America Karl Ackerman - BNP Edward Snyder - Charter Equity Matt Ramsay - Cowen & Company Ambrish Srivastava - BMO Capital Ruben Roy - Stifel Srini Pajjuri - Raymond James Atif Malik - Citi Harlan Sur - JPMorgan Operator Greetings, and welcome to the Qorvo Incorporated Q4 2023 Conference Call. At this time, all participants are in a listen-only mode.

Qorvo (QRVO) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $3.12 per share a year ago.

Share of Qorvo Inc. QRVO rallied after hours on Wednesday after the wireless-technology provider's first-quarter sales forecast and fourth-quarter results topped expectations, following efforts to lean down its stockpiles of components for Android smartphones amid “weakness in end markets.

Qorvo (QRVO) is likely to witness a revenue contraction year over year in fourth-quarter fiscal 2023 owing to weak demand, macroeconomic volatility and intense competition.