Qorvo (QRVO) Tops Q3 EPS by 44c; issues Q4 outlook
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Qorvo (QRVO) stock jumps 5% on strong results and guidance
January 31, 2024 4:22 PM EST(Updated - February 1, 2024 5:17 AM EST)
Shares of Qorvo (NASDAQ: QRVO) reported better-than-expected earnings and revenue for the third quarter, sending the companys shares up 5.3% in pre-market Thursday trading.
The semiconductor solutions provider posted Q3 earnings per share (EPS) of $2.10, topping the consensus estimates of $1.66. Revenue came in at $1.07 billion, while analysts were looking for $1 billion.
Qorvo reported... More
