Qorvo Reports Fiscal 2015 Fourth Quarter Results

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Ascendiant Capital Markets Raise PT After Qorvo (QRVO) 1Q Results

May 7, 2015 9:06 AM EDT

Ascendiant Capital Markets reiterate their Buy rating on Qorvo, Inc (NASDAQ: QRVO) and raise the price target to $90 (from $86). QRVO executed a strong seasonal quarter with a record 50.4% gross margin. It is likely that QRVO will have meaningful margin improvement from here on.

Ascendiant Capital Markets... More

Qorvo (QRVO) Tops Q4 EPS by 24c; Issues Confident Q1 Outlook

May 6, 2015 4:23 PM EDT

Qorvo (NASDAQ: QRVO) reported Q4 EPS of $1.11, $0.24 better than the analyst estimate of $0.87. Revenue for the quarter came in at $634.9 million versus the consensus estimate of $623.4 million.

Qorvo sees Q1 2016 EPS of $1.00-$1.10, versus the consensus of $0.98. Qorvo sees Q1 2016 revenue of $660-670... More