Needham & Company Not Throwing In the Towel on Qorvo (QRVO)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- Tech stocks power S&P 500 to record high as oil prices, producer inflation ease
- Oil pares losses after reports Houthis attacked Saudi Aramco refinery
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
Qorvo® Reports Fiscal 2017 Second Quarter Results
November 3, 2016 4:02 PM EDTGREENSBORO, N.C., Nov. 03, 2016 (GLOBE NEWSWIRE) --
Highlights
On a GAAP basis, fiscal 2017 second quarter revenue was $864.7 million, gross margin was 36.6%, operating income was $45.4 million, and diluted EPS was $0.09On a Non-GAAP basis, fiscal 2017 second quarter revenue was $863.7 million, gross margin was 42.8%, operating income was $196.8 million, and diluted EPS was $1.29Mobile Products (MP) revenue increased 22% year-over-year to $706.1 million, supported by growth in premium-tier and mid-tier 4G LTE mobile devicesMP enjoyed strong demand for BAW-based multiplexer solutions and delivered module prototypes containing BAW-based hexaplexersMP secured multiple... More