Qorvo (QRVO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Over the past year, Qorvo, Inc. has underperformed other mid-caps and semiconductor stocks, losing ground by 17%. The Q3-25 results announced yesterday after market hours could have helped reverse the narrative, but despite a solid earnings beat, the results were disappointing. QRVO may have lifted its outlook for the Q4 EPS, but it's worth noting that a couple of quarters ago, this had already been brought down quite significantly.
Qorvo Inc. (QRVO) ticked lower after its earnings initially rallied the stock. Jenny Horne talks about how Apple's (AAPL) iPhone sales played a role in trimming back its stock price.
Qorvo, Inc. QRVO reported better-than-expected third-quarter financial results after Tuesday's closing bell.
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, Inc. (NASDAQ:QRVO ) Q3 2025 Earnings Conference Call January 28, 2025 4:30 PM ET Company Participants Douglas DeLieto - Vice President and Investor Relations Bob Bruggeworth - President and Chief Executive Officer Grant Brown - Chief Financial Officer Dave Fullwood - Senior Vice President, Sales and Marketing Conference Call Participants Gary Mobley - Loop Harsh Kumar - Piper Sandler Tom O'Malley - Barclays Karl Ackerman - BNP Paribas Vivek Arya - Bank of America Securities Toshiya Hari - Goldman Sachs Chris Caso - Wolfe Research Krish Sankar - TD Cowen Christopher Rolland - Susquehanna Ruben Roy - Stifel Edward Snyder - Charter Equity Research Vijay Rakesh - Mizuho Operator Good day, and welcome to the Qorvo Third Quarter 2025 Earnings Conference Call. All participants will be in a listen-only mode.
Qorvo (QRVO -5.52%), a prominent player in radio frequency (RF) solutions, released its Q3 Fiscal 2025 earnings on January 28, 2025, showcasing admirable performance despite market obstacles.
Although the revenue and EPS for Qorvo (QRVO) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Qorvo (QRVO) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $2.10 per share a year ago.
The activist investor is familiar with Qorvo, dating back to one of its predecessor companies.
QRVO is expected to witness a top-line contraction year over year in the third quarter of fiscal 2025, owing to weakness in some end markets.
Get a deeper insight into the potential performance of Qorvo (QRVO) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.