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

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Operating Margin

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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.

Qorvo, Inc. (NASDAQ:QRVO ) Q1 2024 Earnings Conference Call August 2, 2023 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 Karl Ackerman - BNP Paribas Ruben Roy - Stifel Nicolaus Gary Mobley - Wells Fargo Srini Pajjuri - Raymond James Vivek Arya - Bank of America Securities Matthew Ramsay - TD Cowen Christopher Rolland - Susquehanna Edward Snyder - Charter Equity Research Operator Greetings and welcome to Qorvo Inc. Q1 2024 Conference Call. At this time, all participants are in a listen-only mode.

Qorvo, Inc. (QRVO) Q1 2024 Earnings Call Transcript

Qorvo (QRVO) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $2.25 per share a year ago.

Qorvo (QRVO) Surpasses Q1 Earnings and Revenue Estimates

GREENSBORO, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2024 first quarter ended July 1, 2023.

Qorvo® Announces Fiscal 2024 First Quarter Financial Results

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.

Will Revenue Contraction Impede Qorvo's (QRVO) Q1 Earnings?

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GREENSBORO, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced the release of QSPICE™, a new generation of circuit simulation software that provides power and analog designers significantly higher levels of design productivity through improved simulation speed, functionality and reliability.

Qorvo® QSPICE™ Revolutionizes Circuit Simulation for Power and Analog Designers

GREENSBORO, N.C., July 19, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2024 first quarter financial results on Wednesday, August 2, 2023, 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 August 2, 2023

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

Qorvo (QRVO) Up 4.7% Since Last Earnings Report: Can It Continue?

Qorvo, Inc. (NASDAQ:QRVO ) TD Cowen 51st Annual Technology, Media & Telecom Conference Transcript June 1, 2023 9:05 AM ET Executives Eric Creviston - Corporate Vice President and President, Mobile Products Phil Chesley - Corporate Vice President and President, Infrastructure and Defense Products Doug DeLieto - Vice President, Investor Relations Analysts Matt Ramsay - TD Cowen Matt Ramsay All right. Maybe -- hopefully you guys can hear me.

Qorvo, Inc. (QRVO) Management Presents at TD Cowen 51st Annual Technology, Media & Telecom Conference (Transcript)

GREENSBORO, N.C., May 25, 2023 (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 TD Cowen 51st Annual Technology, Media & Telecom Conference on Thursday, June 1, 2023, at 9:05 a.m. Eastern Time.

Qorvo® to Present at the TD Cowen 51st Annual Technology, Media & Telecom Conference

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.

Qorvo, Inc. (QRVO) 51st Annual J.P. Morgan Global Technology, Media and Communications Conference Transcript

GREENSBORO, N.C., May 17, 2023 (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 J.P. Morgan 51st Annual Global Technology, Media and Communications Conference on Wednesday, May 24, 2023, at 8:40 a.m. Eastern Time.

Qorvo® to Present at the J.P. Morgan 51st Annual Global Technology, Media and Communications Conference

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 (QRVO) Q4 Earnings Beat Estimates, Top-Line Decline Y/Y

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, Inc. (QRVO) Q4 2023 Earnings Call Transcript

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.

Qorvo (QRVO) Surpasses Q4 Earnings and Revenue Estimates

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 stock rallies on earnings beat, sales forecast

GREENSBORO, N.C., May 03, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2023 fourth quarter ended April 1, 2023.

Qorvo® Announces Fiscal 2023 Fourth Quarter Financial Results

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.

Will Top-Line Contraction Impact Qorvo's (QRVO) Q4 Earnings?

Qorvo (QRVO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Qorvo (QRVO) to Report a Decline in Earnings: What to Look Out for

GREENSBORO, N.C., April 19, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2023 fourth quarter financial results on Wednesday, May 3, 2023, 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 May 3, 2023

Qorvo's (QRVO) new single-chip battery management solution supports 20-Cell systems and enhances the designer's capabilities by addressing the rising demand for longer battery life and fast charging features.

Qorvo (QRVO) Unveils Single-Chip Battery Management Solutions

Qorvo, Inc. (NASDAQ:QRVO ) Raymond James 44th Annual Institutional Investors Conference March 7, 2023 10:25 AM ET Company Participants Grant Brown - CFO Doug DeLieto - VP of IR Conference Call Participants Srinivas Pajjuri - Raymond James Srinivas Pajjuri Okay, thanks, everyone. And good morning.

Qorvo, Inc. (QRVO) Presents at Raymond James 44th Annual Institutional Investors Conference (Transcript)

GREENSBORO, N.C., March 07, 2023 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced it has expanded its power management portfolio to include the PAC22140 and PAC25140 Power Application Controller ® (PAC) devices. The two PACs are the industry's first single-chip solutions to offer support for battery packs with up to 20 cells in series (20s). These products leverage an intelligent motor control foundation to enable intelligent battery management solutions (BMS) for a wide range of industrial, e-mobility and battery backup applications.

Qorvo® Introduces Industry's First Single-Chip Intelligent Battery Management Solutions for 20-Cell Systems

Why Is Qorvo (QRVO) Down 5.4% Since Last Earnings Report?

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