Qorvo (QRVO) Tops Q4 EPS by 4c; Guides Lower

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. MA
9. FND
10. DASH

Go back to Qorvo (QRVO) Tops Q4 EPS by 4c; Guides Lower

Qorvo® Announces Fiscal 2017 Fourth Quarter Results

May 3, 2017 4:01 PM EDT

GREENSBORO, N.C., May 03, 2017 (GLOBE NEWSWIRE) -- Qorvo (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Companys fiscal 2017 fourth quarter, ended April 1, 2017. On a GAAP basis, fiscal 2017 fourth quarter revenue increased 5.7% year-over-year to $643.0 million.  Gross margin was 36.0%, operating loss was $24.5 million, and diluted EPS was $0.43. On a non-GAAP basis, fiscal 2017 fourth quarter revenue was $642.0 million, gross margin was 46.2%, operating income was $133.4 million, or 20.8% of sales, and diluted EPS was $0.85.

Quarterly Highlights

Shipped... More