Qorvo, Inc. Q3 Earnings Summary

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 last year.
Excluding items, Qorvo, Inc. reported adjusted earnings of $152.8 million or $1.61 per share for the period.

Analysts projected $1.21 per share
Revenue: $916.3 million in Q3 vs. $1073.9 million in the same period last year.

-Guidance:
Next quarter EPS guidance: $0.90 - $1.10
Next quarter revenue guidance: $825 - $875 Mln

by RTTNews Staff Writer

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