Qorvo (QRVO) Tops Q4 EPS by 17c, Q1 Guidance Beats
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Qorvo® Announces Fiscal 2019 Fourth Quarter Financial Results
May 7, 2019 4:00 PM EDTGREENSBORO, N.C., May 07, 2019 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Companys fiscal 2019 fourth quarter, ended March 30, 2019. On a GAAP basis, revenue for Qorvos fiscal 2019 fourth quarter was $681 million, gross margin was 39.2%, operating income was $64 million and diluted earnings per share was $0.50. On a non-GAAP basis, revenue for Qorvos fiscal 2019 fourth quarter was $681 million, gross margin was 48.2%, operating income was $167 million and diluted earnings per share was $1.22.
Bob Bruggeworth, president and... More
