Qorvo (QRVO) Raises Q2 Guidance

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Go back to Qorvo (QRVO) Raises Q2 Guidance

Qorvo® Updates Financial Guidance for Fiscal 2021 Second Quarter

September 8, 2020 4:30 PM EDT

GREENSBORO, N.C., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it is updating the financial guidance provided for the companys fiscal 2021 second quarter in its earnings release and conference call on July 29, 2020. 

During the September quarter, broad-based mobile demand for Qorvos advanced 4G and 5G mobile products is exceeding the companys original expectations.  Qorvo is providing revised non-GAAP expectations for revenue, gross margin and diluted earnings per share for the companys fiscal 2021 second... More