Qorvo (QRVO) Tops Q4 EPS by 24c; Issues Confident Q1 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/9/2026
- Wall st set to open higher as chip stocks gain; US-Iran tensions in focus
- Software stocks slide as Starbucks builds AI tools to replace vendor software
- Applied Materials surges as CEO signals multi-year chip boom
- Oil eases as investors assess US-Iran peace prospects
- Meta falls as massive AI infrastructure spending plans overshadow chip progress
- Morgan Stanley Reiterates Overweight Rating on Rocket Lab USA (RKLB), Bull Case Raised to $293
- GameStop stockholders approve share count increase to 2.5 billion
- Crude Inventory Rose 3 Million Barrels Last Week - EIA
- AI bubble fears mount as Zuckerberg admits agent delays and Burry shorts sector
- S&P 500 ends down after Trump says Iran deal is 'over'
Qorvo Reports Fiscal 2015 Fourth Quarter Results
May 6, 2015 4:00 PM EDTGREENSBORO, N,C. and HILLSBORO, Ore., May 6, 2015 (GLOBE NEWSWIRE) --
Quarterly Financial Highlights
GAAP quarterly revenue increased 46% year-over-year to $634.9 million, when compared to the combined quarterly March 2014 revenue of RF Micro Devices (RFMD) and TriQuint Semiconductor (TriQuint) On a GAAP basis, gross margin was 29.8%, operating loss was $102.5 million, and EPS was $0.04; GAAP operating results include approximately $250 million of merger-related accounting entries and costs Non-GAAP gross margin was 50.4%, reflecting favorable product mix, improved yields, and synergies Non-GAAP operating income was $169.6 million Non-GAAP diluted EPS was $1.11 Qorvo repurchased approximately 760,000 shares of... More