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

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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) PT Lowered to $80 at Mizuho Securities

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

Qorvo (QRVO) PT Lowered to $80 at Ascendiant Capital Amid Lower Guidance

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

After-Hours Stock Movers 07/29: (UNIS) (SKX) (HOLX) Higher; (QRVO) (WFM) (FB) Lower (more...)

July 29, 2015 6:08 PM EDT

Unilife Corp. (NASDAQ: UNIS) 36.4% HIGHER; announced the introduction of the Imperium platform of instant patch pumps for insulin.

Qorvo (NASDAQ: QRVO) 17.8% LOWER; 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 million, versus the consensus of $743.57 million.

Ferro Corp. (NYSE:... 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