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Qorvo Inc Stock Price, News & Analysis

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Welcome to our dedicated page for Qorvo news (Ticker: QRVO), a resource for investors and traders seeking the latest updates and insights on Qorvo stock.

Qorvo, Inc. (Nasdaq: QRVO) is a semiconductor manufacturer that regularly issues news on its connectivity and power solutions business and its financial performance. Company announcements frequently include quarterly earnings results, preliminary financial updates and details on segment performance across HPA, CSG and ACG, as reflected in earnings releases and related Form 8-K filings.

Investors following QRVO news can expect recurring coverage of fiscal quarter results, including both GAAP and non-GAAP metrics such as revenue, gross margin, operating income and diluted earnings per share. Qorvo’s releases explain how management uses non-GAAP measures to evaluate operations, adjust for items like stock-based compensation and amortization of acquired intangible assets, and assess initiatives aimed at improving margins and profitability.

Qorvo also issues news about its corporate strategy and governance. Recent communications have described efforts to enhance profitability through portfolio optimization, manufacturing footprint changes and cost discipline. The company has announced board refreshment steps, including the appointment of new independent directors and the nomination of a director associated with Starboard Value LP, as well as changes to executive severance and equity compensation plans approved by stockholders.

A significant element of Qorvo’s recent news flow is the Agreement and Plan of Merger with Skyworks Solutions, Inc., disclosed in an October 2025 Form 8-K and related press release. Updates related to this planned cash-and-stock combination, including regulatory milestones and stockholder approvals, are likely to be covered in future filings and announcements. For readers tracking QRVO, the news stream provides insight into operational trends, capital allocation, governance developments and the progress of the proposed merger with Skyworks.

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Qorvo (Nasdaq: QRVO) announced that executives will present at the Goldman Sachs 2021 Technology and Internet Conference on February 11, 2021, at 2:50 p.m. ET. A live webcast of the event will be available on Qorvo's website.

The company is a leader in innovative RF solutions, serving high-growth markets including advanced wireless devices and 5G technologies. Forward-looking statements in the release highlight various risks, including reliance on a few large customers and potential impacts from the COVID-19 pandemic.

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Qorvo (Nasdaq:QRVO) reported exceptional fiscal Q3 2021 results with revenues of $1.1 billion, a gross margin of 49.1%, and diluted EPS of $1.74. On a non-GAAP basis, revenue remained at $1.1 billion with gross margin at 54.4% and diluted EPS of $3.08. Key achievements included expanded shipments of solutions for 5G, Wi-Fi 6, and UWB technologies. The company expects quarterly revenue between $1.025 billion and $1.055 billion for March 2021, indicating strong demand and a projected free cash flow of approximately $1 billion for the fiscal year.

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Qorvo (Nasdaq: QRVO) will hold a conference call on February 3, 2021, at 5:00 p.m. ET to discuss its fiscal 2021 third-quarter financial results. The call will be available via webcast on Qorvo's website. Financial results are expected to be distributed an hour prior, at 4:00 p.m. ET. A playback of the call will be accessible for two hours post-call and remain available until February 10, 2021. Qorvo specializes in RF solutions and serves diverse markets, focusing on advanced wireless devices and 5G networks.

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Qorvo (Nasdaq: QRVO) announced the launch of two new Wi-Fi 6E front end modules (FEMs) on January 12, 2021, aimed at enhancing high-bandwidth applications like 8K video streaming and online gaming. The QPF4656 targets consumer routers, while the QPF4632 is designed for enterprise products. These modules promise up to 25% increased power efficiency, maximizing throughput and reducing latency. This innovation positions Qorvo to meet the rising demands for connectivity in both consumer and enterprise markets.

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Qorvo (Nasdaq: QRVO) has launched the first integrated broadband antenna routing switch designed for Emergency Calling (eCall) in vehicles, significantly enhancing connectivity during emergencies. The new switches, QPC1251Q and QPC1252Q, offer up to 50% board area savings compared to traditional solutions and reduce insertion loss by up to 1 dB. This innovation meets stringent automotive requirements and supports both Dual Sim Dual Active (DSDA) and non-DSDA applications. With the growing requirement for eCall systems, these products align with the automotive industry's shift towards enhanced safety measures.

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On December 2, 2020, Qorvo (Nasdaq: QRVO) announced its participation in the Barclays Global Technology, Media and Telecommunications Virtual Conference. Executives will present on December 9, 2020, at 8:00 a.m. ET. A live webcast is accessible on the company's investor relations page at www.qorvo.com.

Qorvo specializes in RF solutions, addressing challenges in advanced wireless devices, networks, and defense communications. The company is committed to supporting 5G and other emerging technologies.

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Qorvo (Nasdaq: QRVO) announced that its executives will present at the Wells Fargo Tech, Media & Telecom Virtual Summit on December 1, 2020, at 10:00 a.m. ET. A live webcast will be available on the company's website. Qorvo is recognized for its innovative RF solutions that drive connectivity across various sectors, including advanced wireless devices, networks, and defense communications. The company aims to tackle complex challenges in high-growth markets while advancing technologies like 5G and IoT.

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Qorvo (Nasdaq: QRVO) has been awarded a $75 million contract by the U.S. government to establish a State-of-the-Art Heterogeneous Integrated Packaging (SHIP) RF production center. This initiative, supported by the Office of the Undersecretary of Defense, aims to enhance microelectronics packaging for defense and commercial sectors. With over 35 years in RF technology, Qorvo will expand its Texas facilities to meet demands for advanced RF components used in radar, unmanned vehicles, and satellite communications.

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Qorvo (Nasdaq: QRVO) has acquired Paris-based 7Hugs Labs S.A.S., a software provider specializing in ultra-wideband (UWB) applications. This strategic move aims to enhance Qorvo's UWB product offerings for smartphones and other devices, thereby increasing the accuracy of location and communication services. With the integration of 7Hugs Labs' software expertise, Qorvo aims to develop comprehensive UWB solutions targeting the mobile, IoT, and automotive sectors. The acquisition will leverage 7Hugs Labs' existing market presence and expand Qorvo's capabilities within an expected ecosystem of billions of devices.

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Qorvo (QRVO) reported fiscal Q2 2021 results with revenue at $1.06 billion and a gross margin of 46.4%, marking a 5% increase from the prior quarter. Non-GAAP diluted EPS reached $2.43, up from $1.50, driven by diversified customer strength and technology upgrades, particularly in 5G and Wi-Fi 6. The company forecasted steady demand into the December quarter, projecting non-GAAP diluted EPS of $2.65 and a gross margin of 52.5%. Strategic initiatives included the acquisition of 7Hugs Labs for ultra-wideband solutions and growth in power management products.

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FAQ

What is the current stock price of Qorvo (QRVO)?

The current stock price of Qorvo (QRVO) is $77.35 as of January 17, 2024.

What is the market cap of Qorvo (QRVO)?

The market cap of Qorvo (QRVO) is approximately 7.5B.

QRVO Rankings

QRVO Stock Data

7.47B
91.60M
Semiconductors
Semiconductors & Related Devices
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United States
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