Qorvo (QRVO) Tops Q1 EPS by 3c; Guides Q2 Below the Street
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
Go back to Qorvo (QRVO) Tops Q1 EPS by 3c; Guides Q2 Below the Street
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
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
July 30, 2015 7:52 AM EDT
Mizuho Securities analyst Vijay Rakesh lowered estimates and his price target on Qorvo Inc (NASDAQ: QRVO) to $80.00 (from $92.00) following in-line Q1 but weak guidance.
Rakesh commented, "QRVO reported an inline JunQ, but guided to a disappointing SepQ at $700M/$1.10, below consensus of... More
July 30, 2015 7:19 AM EDT
Ascendiant Capital analyst Cody Acree lowered his price target on Qorvo Inc (NASDAQ: QRVO) to $80.00 (from $90.00) following the guidance miss but maintained a Buy rating on the stock.
Acree commented, "Echoing first half Chinese handset softness thats led to a few weeks of excess inventory and a continued pause in 4G base station deployments, QRVO finally succumbed to... More
