Qorvo shifts focus to premium 5G products, abandoning mid-tier Android markets, impacting revenue but improving long-term margins and growth prospects. Management projects single-digit decline in ...
Jan 17 (Reuters) - Starboard Value has built a 7.7% stake in Qorvo (QRVO.O), opens new tab, the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak ...
In a report released today, Thomas O’Malley from Barclays maintained a Hold rating on Qorvo (QRVO – Research Report), with a price target of $80.00. The company’s shares closed yesterday at ...
A prominent activist investor took a position in Qorvo. This activist has a successful track record investing in semiconductor companies. The investor has previously conducted activist campaigns ...
Morgan Stanley upgrades Qorvo to Overweight, forecasting $9.63 EPS by 2026 and strong margins through focus on core radio frequency. Analyst sees potential for Qorvo's earnings recovery with ...
Non-GAAP gross margin improved to 46.5% from 43.8% year-over-year. Qorvo posted a solid earnings beat for Q3 Fiscal 2025, although year-over-year performance reflected ongoing challenges.
Communications chips maker Qorvo (NASDAQ: QRVO) will be announcing earnings results tomorrow afternoon. Here’s what to look for. Qorvo beat analysts’ revenue expectations by 1.8% last quarter ...
Qorvo reports quarterly earnings of $1.61 per share, which beat the analyst consensus estimate of $1.20. Quarterly revenue comes in at $916.3 million, which beat the analyst consensus estimate ...
Qorvo's third-quarter financial performance exceeded analyst expectations, prompting a positive market response for companies within the same supply chain. Qorvo, known for its connectivity and ...
Jan 16 (Reuters) - Activist investor Starboard Value has built a 7.7% stake in chipmaker Qorvo (QRVO.O), opens new tab, the Wall Street Journal reported on Thursday, citing people familiar with ...
(RTTNews) - Below are the earnings highlights for Qorvo, Inc. (QRVO): Earnings: $41.3 million in Q3 vs. -$126.9 million in the same period last year. EPS: $0.43 in Q3 vs. -$1.31 in the same period ...
Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the ...