Qorvo® Reports Fiscal 2017 First Quarter Results

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Go back to Qorvo® Reports Fiscal 2017 First Quarter Results

Cowen Affirms Qorvo (QRVO) at 'Market Perform'; iPhone Metrics Strong, but GM Erosion Noted

August 3, 2016 11:58 AM EDT

Cowen and Company affirms Qorvo (Nasdaq: QRVO) at Market Perform with a price target of $65 following Q1 earnings results.

Analyst Tim Arcuri commented today, The top-line beat and guide up seems to us to be entirely driven by iPhone 7 share gain and is consistent with our view that QRVO is the primary beneficiary of the iPhone SKU... More

Qorvo (QRVO) PT Lifted to $63 at Needham & Company Following Results

August 3, 2016 7:30 AM EDT

Needham & Company analyst N. Quinn Bolton reiterated a Buy rating and bumped his price target on Qorvo Inc (NASDAQ: QRVO) to $63.00 (from $53.00) following results.

Bolton commented, "QRVO reported better than expected F1Q17 results and provided impressive top line guidance for F2Q17. Mobile... More

Qorvo (QRVO) Tops Q1 EPS by 3c

August 2, 2016 4:00 PM EDT

Qorvo (NASDAQ: QRVO) reported Q1 EPS of $1.08, $0.03 better than the analyst estimate of $1.05. Revenue for the quarter came in at $697.6 million versus the consensus estimate of $650.62 million.

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

... More