Qorvo Cuts Fourth-Quarter Revenue Guidance on Coronavirus Impact [TheStreet.com]
Qorvo, Inc. (QRVO)
Last qorvo, inc. earnings: 1/29 04:00 pm
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US:NASDAQ Investor Relations:
ir.qorvo.com/investor-relations
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Source: TheStreet.com
Semiconductor maker Qorvo ( QRVO Get Report AAPL Shares of Qorvo nonetheless were higher by 1.7% to $102. The Greensboro, N.C., company now expects fourth-quarter revenue to total about $770 million, $50 million short of the midpoint range of $800 million to $840 million that Qorvo forecast on Jan. 29. Analysts had been calling for revenue of $726.4 million. The "full impact of Covid-19 remains difficult to forecast given the uncertainty of the magnitude, duration and geographic reach of the outbreak," the company said in a statement. Qorvo is scheduled to report its fourth-quarter results on or about May 5. Coronavirus cases have risen past 90,000, with nearly 11,000 outside China, where it originated. Governments are scrambling to contain its rapid spread. On Tuesday, G-7 leaders pledged to take all possible steps to safeguard the global economy from shocks related to the spread of the virus. But they stopped short of offering coordinated interest rate cuts to support financial mark
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QRVO
News
- Qorvo, Inc. (NASDAQ: QRVO) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $117.00 to $105.00. They now have a "neutral" rating on the stock.MarketBeat
- Qorvo, Inc. (NASDAQ: QRVO) had its price target lowered by analysts at Barclays PLC from $110.00 to $100.00. They now have an "equal weight" rating on the stock.MarketBeat
- Why Qorvo (QRVO) Stock Is Nosediving [Yahoo! Finance]Yahoo! Finance
- Qorvo Stock Is Tumbling After Earnings. There's More Bad News for Apple. [Yahoo! Finance]Yahoo! Finance
- Qorvo, Inc. (NASDAQ: QRVO) had its price target lowered by analysts at JPMorgan Chase & Co. from $105.00 to $100.00. They now have an "underweight" rating on the stock.MarketBeat
QRVO
Earnings
- 5/1/24 - Beat
QRVO
Sec Filings
- 5/1/24 - Form 8-K
- 4/26/24 - Form 8-K
- 3/5/24 - Form 4
- QRVO's page on the SEC website