Qorvo Reports Fiscal 2016 First Quarter Results

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Go back to Qorvo Reports Fiscal 2016 First Quarter Results

Needham & Company Cuts Price Target on Qorvo (QRVO) Following 1Q16 Results and Guidance

July 30, 2015 9:14 AM EDT

Needham & Company maintained a Buy rating on Qorvo Inc (NASDAQ: QRVO), and cut the price target to $82.00 (from $88.00), following 1Q16 results. QRVO reported revenue and non-GAAP EPS of $673.6MM/$1.09, ahead of consensus of $665.4MM/$1.06. QRVO guided F2Q16 revenues/NG EPS to $690-710MM/$1.05-1.15.... More

Qorvo (QRVO) PT Cut to $80 at Brean Capital Amid Weaker Guidance; Keeps 'Buy'

July 30, 2015 7:55 AM EDT

Brean Capital analyst Mike Burton lowered his price target on Qorvo Inc (NASDAQ: QRVO) to $80.00 (from $92.00) following weak guidance, but maintained a Buy rating.

Burton commented, "Qorvo reported June quarter results ahead of the Streets consensus, however guided September well below... More

Qorvo (QRVO) Tops Q1 EPS by 3c; Guides Q2 Below the Street

July 29, 2015 4:02 PM EDT

Qorvo (NASDAQ: QRVO) reported Q1 EPS of $1.09, $0.03 better than the analyst estimate of $1.06. Revenue for the quarter came in at $673.6 million versus the consensus estimate of $664.55 million.

Qorvo sees Q2 EPS of $1.05-$1.15, versus the consensus of $1.28. Qorvo sees Q2 revenue of $690-710... More