Profile
Sector:
TechnologyIndustry:
SemiconductorsCountry:
United StatesIPO:
02 January 2015Website:
http://www.qorvo.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
pre-market | 99 min agoDividend
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QRVO Latest News
The chip supplier definitely had a second quarter that they would rather not remember.
Qorvo has developed Wi-Fi 7 FEMs that are specifically designed to work well with the MediaTek MT6653 Wi-Fi 7 and Bluetooth® combo chip. These components are optimized for better performance and compatibility.
Qorvo's stock price dropped significantly today, but it still isn't considered "cheap."
The company that makes radio-frequency chips has exceeded expectations for its quarterly earnings and sales, but has provided disappointing forecasts for the future.
Qorvo, Inc. (NASDAQ:QRVO) is holding its Q2 2025 Earnings Conference Call on October 29, 2024, at 5:00 PM ET. The call will feature company representatives including Douglas DeLieto, Robert Bruggeworth, Grant Brown, and Dave Fullwood. Participants from various financial institutions will also be joining the call, but all attendees will be in listen-only mode.
Qorvo (QRVO) reported quarterly earnings of $1.88 per share, which is higher than the Zacks Consensus Estimate of $1.85 per share. This is a decrease compared to earnings of $2.39 per share from the same period last year.
On Tuesday, chipmaker Qorvo predicted that its revenue and profit for the third quarter would be lower than what Wall Street expected. This decline is due to strong competition and a trend of consumers moving towards more affordable smartphones. As a result, the company's shares fell by 14% in after-hours trading.
Alphabet (GOOGL) exceeded expectations, announcing that YouTube ad sales have gone over $50 billion in the last year. On the other hand, Qorvo (QRVO) and Chipotle (CMG) saw their stocks drop following mixed earnings reports.
GREENSBORO, N.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a top global provider of connectivity and power solutions, will hold a conference call to discuss its financial results for the second quarter of fiscal 2025 on Tuesday, October 29, 2024, at 5:00 p.m. (ET). You can listen to the call live on the Company's Investor Relations website at this link: https://ir.qorvo.com (under “Events & Presentations”).
Qorvo, Inc. (QRVO, Financial) experienced a significant decline in its stock price, decreasing by 1.99% to $99.97 per share. The trading volume was 348,362 shares, with a turnover rate of 0.37% and a price change range of 1.27%.
What type of business is Qorvo?
Qorvo, Inc. is a leader in the development and commercialization of technologies and products for wireless and wired communication worldwide. The company was founded in 1957 and is headquartered in Greensboro, North Carolina. - Mobile products - within this segment, the company is a global supplier of cellular, UWB, and Wi-Fi solutions for smartphones, portable devices, laptops, tablets, and Internet of Things applications, including switches, power amplifiers, filters and duplexers, antenna tuners, integrated radio frequency control chips, and more. - Infrastructure and defense products - Qorvo is a supplier of radio frequency management solutions, single-chip systems, and power for wireless infrastructure, defense, smart home, automotive, and other Internet of Things applications.
What sector is Qorvo in?
Qorvo is in the Technology sector
What industry is Qorvo in?
Qorvo is in the Semiconductors industry
What country is Qorvo from?
Qorvo is headquartered in United States
When did Qorvo go public?
Qorvo initial public offering (IPO) was on 02 January 2015
What is Qorvo website?
https://www.qorvo.com
Is Qorvo in the S&P 500?
Yes, Qorvo is included in the S&P 500 index
Is Qorvo in the NASDAQ 100?
No, Qorvo is not included in the NASDAQ 100 index
Is Qorvo in the Dow Jones?
No, Qorvo is not included in the Dow Jones index
When was Qorvo the previous earnings report?
No data
When does Qorvo earnings report?
Next earnings report date is not announced yet