Qorvo® Reports Fiscal 2017 Third Quarter Results

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BMO Capital Downgrades Qorvo Inc (QRVO) to Market Perform

February 2, 2017 7:59 AM EST

BMO Capital downgraded Qorvo Inc (NASDAQ: QRVO) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Qorvo Inc click here. For more ratings news on Qorvo Inc click here.

Shares of Qorvo Inc closed at $64.55 yesterday.

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Qorvo Inc (QRVO) PT Raised to $70 at Needham & Company; Reiterates Buy

February 2, 2017 7:27 AM EST

Needham & Company raised its price target on Qorvo Inc (NASDAQ: QRVO) to $70.00 (from $62.00) while maintaining a Buy rating. Qorvo reported F3Q17 revenue of $825.4MM, above the mid point of guidance. NG EPS was $1.35, ahead of the Street's forecast of $1.25.

Analyst Quinn Bolton... More

UPDATE: Qorvo (QRVO) Tops Q3 EPS by 9c, Q4 Guidance Falls Short

February 1, 2017 4:02 PM EST

(Updated - February 1, 2017 4:05 PM EST)

Qorvo (NASDAQ: QRVO) reported Q3 EPS of $1.35, $0.09 better than the analyst estimate of $1.26. Revenue for the quarter came in at $825.4 million versus the consensus estimate of $821.3 million.

Financial Outlook

Qorvo currently believes the demand environment in... More