Qorvo: Q1 Earnings Insights

Shares of Qorvo (NASDAQ:QRVO) fell in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share rose 88.67% year over year to $2.83, which beat the estimate of $2.45.

Revenue of $1,110,000,000 higher by 40.96% from the same period last year, which beat the estimate of $1,080,000,000.

Outlook

Qorvo Sees Q2 Adj. EPS $3.24 At The Mid Point vs $3.02 Estimate, Sales $1.235B-$1.265B vs $1.21B Est.

How To Listen To The Conference Call

Date: Aug 04, 2021

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/cxeuv7ud

Price Action

Company's 52-week high was at $201.68

52-week low: $112.03

Price action over last quarter: Up 5.15%

Company Profile

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.