Qorvo (QRVO) Tops Q4 EPS by 42c, Beats on Revenue; Offers Q1 Guidance
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Qorvo® Announces Fiscal 2025 Fourth Quarter Financial Results
April 29, 2025 4:00 PM EDTGREENSBORO, N.C., April 29, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Companys fiscal 2025 fourth quarter ended March 29, 2025.
On a GAAP basis, revenue for Qorvos fiscal 2025 fourth quarter was $869.5 million, gross margin was 42.2%, operating income was $28.2 million, and diluted earnings per share was $0.33. On a non-GAAP basis, gross margin was 45.9%, operating income was $151.8 million, and diluted earnings per share was $1.42.
Bob Bruggeworth, president and chief executive officer of Qorvo, said, During the March quarter, Qorvo achieved stronger than... More
