Earnings Breakdown: Qorvo Q3

Qorvo QRVO just disclosed its Q3 earnings on Tuesday, January 28, 2025 at 04:00 PM.

Here's a brief overview of the earnings report.

Qorvo beat estimated earnings by 33.0%, reporting an EPS of $1.61 versus an estimate of $1.21.

Revenue was down $157.70 million from the same period last year.

The company beat on EPS by $0.03 in the last quarter, resulting in a 27.0% drop share price change the following day.

Here's a look at Qorvo's past performance:

Quarter	Q2 2025	Q1 2025	Q4 2024	Q3 2024
EPS Estimate	1.85	0.71	1.21	1.66
EPS Actual	1.88	0.87	1.39	2.10
Revenue Estimate	1.03B	851.88M	926.25M	1.00B
Revenue Actual	1.05B	886.67M	941.99M	1.07B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Qorvo management provided guidance for Q4 2025, expecting earnings between $0.9 and $1.1 per share.

To track all earnings releases for Qorvo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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