Qorvo (QRVO) Tops Q3 EPS by 13c, Guidance Misses Consensus

Qorvo (NASDAQ: QRVO) reported Q3 EPS of $0.75, $0.13 better than the analyst estimate of $0.62. Revenue for the quarter came in at $743.3 million versus the consensus estimate of $724.63 million.

GUIDANCE:

Qorvo sees Q4 2023 EPS of $0.10-$0.15, versus the consensus of $0.64. Qorvo sees Q4 2023 revenue of $600-640 million, versus the consensus of $725 million.

For earnings history and earnings-related data on Qorvo (QRVO) click here.

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