QRVO reports solid fourth-quarter fiscal 2025 results despite year-over-year sales dip in multiple segments.
Qorvo, Inc. (NASDAQ:QRVO ) Q4 2025 Earnings Conference Call April 29, 2025 4:30 PM ET Company Participants Douglas DeLieto - VP of IR Bob Bruggeworth - CEO Grant Brown - SVP and CFO Frank Stewart - SVP and President of Advanced Cellular Dave Fullwood - SVP of Sales & Marketing Philip Chesley - SVP and President of High Performance Analog Eric Creviston - SVP and President of Connectivity & Sensors Conference Call Participants Thomas O'Malley - Barclays Harsh Kumar - Piper Sandler Chris Caso - Wolf Research Karl Ackerman - BNP Paribas Srini Pajjuri - Raymond James Edward Snyder - Charter Equity Research Gary Mobley - Loop Capital Operator Good day and welcome to the Qorvo Inc. Fourth Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.
Qorvo (QRVO) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.39 per share a year ago.
Semiconductors Industry | Technology Sector | Mr. Robert A. Bruggeworth CEO | XDUS Exchange | US74736K1016 ISIN |
US Country | 8,500 Employees | - Last Dividend | 2 Jan 2015 Last Split | 3 Jun 1997 IPO Date |
Qorvo, Inc. is a prominent company engaged in the development and commercialization of technologies and products for wireless, wired, and power markets. Operating through three segments: High Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG), Qorvo plays a vital role in advancing the global communications infrastructure. It supplies radio frequency and power management solutions across a variety of markets including automotive, defense and aerospace, and cellular infrastructure. In addition to producing connectivity and sensor components, Qorvo also offers cellular RF solutions catering to a wide range of devices from smartphones to wearables. Providing foundry services for defense and aerospace customers further signifies its comprehensive involvement in the sector. Founded in 1957 and headquartered in Greensboro, North Carolina, Qorvo operates globally with a presence in the United States, China, other Asian countries, Taiwan, and Europe. Its products are sold directly to OEMs and ODMs, supported by a network of sales representatives and distributors.
This segment delivers radio frequency and power management solutions targeting the automotive, defense and aerospace, cellular infrastructure, broadband, and other markets. Qorvo's HPA products are crucial in enabling high-performance operation in demanding environments, offering both reliability and efficiency.
CSG focuses on supplying connectivity and sensor components and systems that include a range of technologies such as UWB, Matter, Bluetooth Low Energy, Zigbee, Thread, Wi-Fi, cellular IoT, and MEMS-/BAW-based sensors. These products find use in various applications including smart homes, industrial automation, automotive, smartphones, wearables, gaming, and both industrial and enterprise access points, highlighting Qorvo's commitment to advancing IoT and smart device connectivity.
ACG provides cellular RF solutions tailored for a multitude of devices such as smartphones, wearables, laptops, tablets, and more. Its offerings are designed to enhance connectivity and performance in cellular communications, supporting the ever-growing demand for advanced mobile technologies.
Qorvo extends its expertise to offer foundry services, catering specifically to defense primes and other defense and aerospace customers. These services underline Qorvo's capability in high-quality manufacturing and its pivotal role in supporting critical sectors with specialized semiconductor needs.