Qorvo (QRVO) Cites Weaker Than Foretasted Mobile Demand in 3Q - Needham & Company Maintains Buy

Canaccord Genuity Maintains Buy After Qorvo's (QRVO) Miss

Canaccord Genuity analyst, Michael Walkley, maintains his Buy rating after Qorvo Inc (NASDAQ: QRVO) big miss but drops his price target to $62 from $77.

Qorvo pre-announced much lower than anticipated preliminary Q3/F'16 results due to weaker sales in its mobile products... More

Mizuho Securities Cuts PT Following Qorvo's (QRVO) Negative Pre-Announcement

Mizuho Securities maintained a Buy rating on Qorvo Inc (NASDAQ: QRVO), and cut the price target to $50.00 (from $65.00), following the company's negative pre-announcement. Qorvo continues to struggle navigating the RF landscape, the second topline miss in the last six months, while peers... More

After-Hours Stock Movers 01/07: (HELE) (URBN) (TWTR) Higher; (TCS) (CUDA) (QRVO) Lower (more...)

The Container Store Group (NYSE: TCS) 16.9% LOWER; reported Q3 EPS of ($0.04), $0.09 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $197.2 million versus the consensus estimate of $199.64 million. Comparable store sales for the third quarter of fiscal 2015 were up 0.5% compared to the third quarter of fiscal 2014. GUIDANCE: The Container Store Group sees Q4 2015 EPS of $0.19-$0.22, versus the consensus of $0.30. The Container Store Group sees Q4 2015 revenue of $222-232 million, versus the consensus of $238.93 million. comparable store sales decline of 3% to 5%

Barracuda Networks (NYSE: CUDA)... More

Market Wrap: Dow Off to Worst Annual Start Ever; Apple Suppliers Issue Warnings; Holiday Sales Results Roll in

Market wrap for January 7th

End of the Day: S&P 500 down 47.2 to 1,943.09; Dow Jones down 392.4 to 16,514.10; Nasdaq down 146.3 to 4,689.43

Market Brief: Markets were weak again Thursday as China said it will suspend its stock circuit breaker rule, which halted markets in China overnight less than half an hour after opening after being tripped for the second time this week.... More

Apple suppliers cut revenue estimates amid iPhone shipment fears

(Reuters) - Apple Inc (NASDAQ: AAPL) suppliers Cirrus Logic Inc (NASDAQ: CRUS) and Qorvo Inc (NASDAQ: QRVO) on Thursday added to growing worries about slowing shipments of iPhone 6S and 6S Plus by cutting their revenue estimates for the third quarter.

Qorvo's shares fell 12.4 percent in... More

Apple (AAPL) Suppliers on Watch Following Qorvo, Cirrus Logic Warnings (AVGO) (SWKS)

Apple (NASDAQ: AAPL) and suppliers are on watch after Qorvo (Nasdaq: QRVO) and Cirrus Logic, Inc. (Nasdaq: CRUS) announced reduced Q3 expectations late Thursday.

In part, Qorvo... More

Qorvo (QRVO) Cuts Q4 Revenue, Earnings Outlook

Qorvo® (Nasdaq: QRVO) announced it expects revenue and earnings for its fiscal 2016 third quarter will be lower than it previously estimated on November 5, 2015.

Qorvo currently expects its December quarterly revenue will be approximately $620 million, versus its original guidance of $720-$730 million provided November 5, 2015 in its second quarter earnings report. The revenue decline is the result of weaker than forecasted customer demand in the Companys... More

Qorvo (QRVO) halted with news pending

Qorvo (NASDAQ: QRVO) halted with news pending.

Qorvo (QRVO) Ticks Higher on Chatter

Qorvo (NASDAQ: QRVO) is gaining on rumors Qualcomm (NASDAQ: QCOM) could acquire the company. Chatter comes from analysts at Northland.