Qorvo® Announces Fiscal 2018 Second Quarter Financial Results

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Qorvo Inc (QRVO) PT Raised to $69 at Morgan Stanley

November 2, 2017 9:04 AM EDT

Morgan Stanley raised its price target on Qorvo Inc (NASDAQ: QRVO) to $69.00 (from $68.00) while maintaining a Equalweight rating.

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Qorvo Inc (QRVO) PT Lowered to $84 at Needham & Company; Reiterates Buy

November 2, 2017 8:21 AM EDT

Needham & Company lowered its price target on Qorvo Inc (NASDAQ: QRVO) to $84.00 (from $86.00) while maintaining a Buy rating following the company's 2Q earnings report. Qorvo reported revenue and Non-GAAP EPS of $820.6MM and $1.52, above guidance and $810.0MM/$1.43 estimates.

Reflecting the delayed product... More

Qorvo (QRVO) Tops Q2 EPS by 9c; Guides Q3 Below

November 1, 2017 4:02 PM EDT

Qorvo (NASDAQ: QRVO) reported Q2 EPS of $1.52, $0.09 better than the analyst estimate of $1.43. Revenue for the quarter came in at $820.6 million versus the consensus estimate of $812.62 million.

GUIDANCE:

Qorvo sees Q3 2018 EPS of $1.60, versus the consensus of $1.74. Qorvo sees Q3 2018... More