Citi Downgrades Qorvo Inc (QRVO) to Sell

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Qorvo (QRVO) Tops Q3 EPS by 9c, Q4 Revenue Guidance Misses

February 4, 2016 4:06 PM EST

Qorvo (NASDAQ: QRVO) reported Q3 EPS of $1.03, $0.09 better than the analyst estimate of $0.94. Revenue for the quarter came in at $620.7 million versus the consensus estimate of $620.34 million.

GUIDANCE:

Qorvo sees Q4 2016 EPS of $0.90-$0.95, versus the consensus of $0.92. Qorvo sees Q4... More