Qorvo® Reports Fiscal 2017 First Quarter Results
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August 3, 2016 11:58 AM EDT
Cowen and Company affirms Qorvo (Nasdaq: QRVO) at Market Perform with a price target of $65 following Q1 earnings results.
Analyst Tim Arcuri commented today, The top-line beat and guide up seems to us to be entirely driven by iPhone 7 share gain and is consistent with our view that QRVO is the primary beneficiary of the iPhone SKU... More
August 3, 2016 7:30 AM EDT
Needham & Company analyst N. Quinn Bolton reiterated a Buy rating and bumped his price target on Qorvo Inc (NASDAQ: QRVO) to $63.00 (from $53.00) following results.
Bolton commented, "QRVO reported better than expected F1Q17 results and provided impressive top line guidance for F2Q17. Mobile... More
August 2, 2016 4:00 PM EDT
Qorvo (NASDAQ: QRVO) reported Q1 EPS of $1.08, $0.03 better than the analyst estimate of $1.05. Revenue for the quarter came in at $697.6 million versus the consensus estimate of $650.62 million.
For earnings history and earnings-related data on Qorvo (QRVO) click here.
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