Qorvo® Acquires United Silicon Carbide (UnitedSiC), a Leading Provider of Silicon Carbide Power Semiconductors

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Go back to Qorvo® Acquires United Silicon Carbide (UnitedSiC), a Leading Provider of Silicon Carbide Power Semiconductors

Qorvo (QRVO) Reported Q2 Beat, But Stock Plunges 7% on Worse Than Expected Q3 Guidance

November 3, 2021 6:05 PM EDT

Qorvo (NASDAQ: QRVO) shares were trading more than 7% lower after-hours following the companys reported Q2 beat, but worse-than-expected Q3 guidance.

The quarterly EPS came in at $3.42 (vs. Streets $3.25) and revenue was $1.26 billion (vs. Streets $1.25 billion).

The company provided a... More