Qorvo® Announces Fiscal 2019 Third Quarter Financial Results

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Qorvo Inc (QRVO) PT Lowered to $69 at Mizuho Securities

February 8, 2019 9:04 AM EST

Mizuho Securities analyst Vijay Rakesh lowered the price target on Qorvo Inc (NASDAQ: QRVO) to $69.00 (from $70.00) while maintaining a Neutral rating.

The analyst commented, "Qorvo reported a good DecQ but guided to a much weaker MarQ down 19% q/q. DecQ IDP... More

Qorvo Inc (QRVO) PT Lowered to $75 at Piper Jaffray

February 8, 2019 8:55 AM EST

Piper Jaffray analyst Harsh Kumar lowered the price target on Qorvo Inc (NASDAQ: QRVO) to $75.00 (from $85.00) while maintaining a Overweight rating.

Kumar commented, "Overall, we feel Qorvo is experiencing some of the same issues as other handset chipmakers, including the... More

Qorvo Inc (QRVO) PT Lowered to $81 at MKM Partners

February 8, 2019 7:34 AM EST

MKM Partners analyst Ruben Roy lowered the price target on Qorvo Inc (NASDAQ: QRVO) to $81.00 (from $86.00) while maintaining a Buy rating following the company's 3Q. QRVO reported fiscal Q3 revenue of $832 million and non-GAAP EPS of $1.85.

Roy remains positive on QRVO shares given... More

Qorvo (QRVO) Tops Q3 EPS by 16c, Q4 Guidance Misses

February 7, 2019 4:02 PM EST

Qorvo (NASDAQ: QRVO) reported Q3 EPS of $1.85, $0.16 better than the analyst estimate of $1.69. Revenue for the quarter came in at $832 million versus the consensus estimate of $819.32 million.

GUIDANCE:

Qorvo sees Q4 2019 EPS of $1.05, versus the consensus of $1.35. Qorvo sees Q4 2019... More