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-0.000575815738963553 -0.000383877159309081 0.000287907869481777 0.00115163147792711 0.00172744721689052 0.00623800383877165 0.00182341650671783 0.00642994241842612
Stock impact report

Qorvo (QRVO) Stock Trades Up, Here Is Why [Yahoo! Finance]

Qorvo, Inc. (QRVO) 
Last qorvo, inc. earnings: 1/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.qorvo.com/investor-relations
Company Research Source: Yahoo! Finance
revenue, EPS, and free cash flow topping Wall Street's estimates. These beats were driven by strong performance in its advanced cellular group segment ($846 million of revenue versus consensus estimates of $753 million). Inventory levels also improved. Looking ahead, next quarter's revenue and EPS guidance beat expectations. Lastly, the company announced the acquisition of Anokiwave. According to the press release, Anokiwave supplies high-performance silicon integrated circuits (ICs) for intelligent, active array antennas, and 5G applications. Zooming out, this was a great quarter that should delight shareholders. After the initial pop the shares cooled down to $103.53, up 3.8% from previous close. Is now the time to buy Qorvo? Access our full analysis report here, it's free What is the market telling us: Qorvo's shares are somewhat volatile and over the last year have had 5 moves greater than 5%. In context of that, today's move is indicating the market considers this news mean Show less Read more
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