Qorvo (QRVO) Tops Q1 EPS by 14c; Guides
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Qorvo® Announces Fiscal 2023 First Quarter Financial Results
August 3, 2022 4:00 PM EDTGREENSBORO, N.C., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Companys fiscal 2023 first quarter ended July 2, 2022.
On a GAAP basis, revenue for Qorvos fiscal 2023 first quarter was $1.035 billion, gross margin was 36.2%, operating income was $102 million and diluted earnings per share was $0.65. On a non-GAAP basis, gross margin was 50.0%, operating income was $284 million and diluted earnings per share was $2.25.
Bob Bruggeworth, president and chief executive officer of Qorvo, said, Qorvo is executing well and delivering solid... More
