Qorvo (QRVO) Tops Q4 EPS by 31c

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Go back to Qorvo (QRVO) Tops Q4 EPS by 31c

Qorvo® Announces Fiscal 2021 Fourth Quarter Financial Results

May 5, 2021 4:00 PM EDT

GREENSBORO, N.C., May 05, 2021 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Companys fiscal 2021 fourth quarter ended April 3, 2021.

On a GAAP basis, revenue for Qorvos fiscal 2021 fourth quarter was $1.073 billion, gross margin was 49.3%, operating income was $293 million and diluted earnings per share was $2.60. On a non-GAAP basis, gross margin was 52.6%, operating income was $357 million and diluted earnings per share was $2.74.

Bob Bruggeworth, president and chief executive officer of Qorvo, said, Qorvos March quarterly... More