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) - a global leader in radio frequency solutions - powers connectivity across smartphones, defense systems, and network infrastructure. This dedicated news hub provides investors and industry professionals with essential updates on the company's strategic developments.
Track all official Qorvo press releases and curated news coverage in one centralized location. Our repository ensures timely access to critical information including quarterly earnings, technology innovations, and market expansion initiatives that shape the semiconductor landscape.
Key coverage areas include RF product launches, 5G infrastructure developments, defense sector contracts, and strategic partnerships. Stay informed about Qorvo's role in enabling next-generation wireless communications through their cutting-edge filters, power amplifiers, and integrated modules.
Bookmark this page for continuous updates on Qorvo's business milestones and technological advancements. Monitor how QRVO's solutions address evolving demands in mobile connectivity, aerospace systems, and global network deployments.
Qorvo (Nasdaq: QRVO) reported fiscal Q3 2022 results with revenue of $1.114 billion, a gross margin of 49.2%, and diluted EPS of $1.95 on a GAAP basis. Non-GAAP results showed a gross margin of 52.6% and diluted EPS of $2.98. The company exceeded revenue guidance, driven by growth in 5G, IoT, and defense markets. For Q4, Qorvo expects revenue between $1.135 billion and $1.165 billion and a non-GAAP EPS of $2.94. The outlook reflects strong smartphone launches and IDP volume growth.
Qorvo (Nasdaq: QRVO) will host a conference call on February 2, 2022, at 5:00 p.m. (ET) to discuss its fiscal 2022 third quarter financial results, with results released around 4:00 p.m. the same day. The event will be webcast on Qorvo's website. A playback will be available shortly after the call via telephone until February 9, 2022. Qorvo is recognized for its innovative RF solutions, supporting sectors such as 5G networks and IoT, thereby connecting various technologies globally.
Qorvo (Nasdaq: QRVO) has launched its first wideband Wi-Fi front-end module, the QPF4730, supporting 5.1 GHz to 7.1 GHz bands designed for enterprise Wi-Fi 6 and Wi-Fi 6E solutions. The QPF4730 enhances system performance and capacity while minimizing board space for upgrades. It is optimized for Power over Ethernet (PoE) and improves Quality of Service (QoS), suitable for home, campus, and enterprise environments. This innovation represents Qorvo’s commitment to advancing connectivity technologies.
Qorvo announces its provision of Ultra-Wideband (UWB) technology for Google's Pixel 6 Pro smartphone, marking a significant milestone in the Android ecosystem. The DW3720 UWB solution enhances various applications, including location tracking and secure financial transactions. Eric Creviston, president of Qorvo Mobile Products, highlights the collaboration with Google, aiming to establish UWB as a key technology across mobile and IoT devices. The UWB solution adheres to IEEE standards, ensuring interoperability within the growing UWB ecosystem.
Qorvo (Nasdaq: QRVO) successfully completed a $500 million offering of senior notes due December 15, 2024, with a 1.750% interest rate payable semi-annually. Funds from this offering will be utilized to fully repay a term loan and for general corporate purposes. The notes are senior unsecured obligations and are guaranteed by Qorvo's wholly-owned U.S. subsidiaries. The issuance complies with Rule 144A and Regulation S under the Securities Act of 1933, and no registration is required for their sale in the U.S.
Qorvo (Nasdaq: QRVO) announced a $500 million offering of senior notes maturing in 2024, with a 1.750% interest rate, set to close around December 14, 2021. The funds will be used to repay part of its term loan and for general corporate purposes. The notes are senior unsecured obligations and will not be registered under the Securities Act. The offering targets qualified institutional buyers and certain non-U.S. persons.
The press release includes forward-looking statements with various risks and uncertainties that could impact Qorvo's financial results.
Qorvo (Nasdaq: QRVO) has announced a proposed offering of senior notes aimed at qualified institutional buyers and certain non-U.S. persons. The funds raised will primarily be used to repay a portion of its term loan and for general corporate purposes. The notes will not be registered under the Securities Act, indicating a private placement. This financial maneuver underscores Qorvo's strategy to manage its debt effectively while supporting its ongoing operations and market position.
On December 1, 2021, Qorvo (Nasdaq: QRVO) announced that its executives will present at the Barclays Global Technology, Media and Telecommunications Virtual Conference on December 8, 2021, at 8:00 a.m. ET. A live webcast will be available on the company's website. Qorvo specializes in innovative RF solutions that enhance connectivity across various markets, including 5G networks and advanced wireless devices. The company focuses on addressing complex technical challenges with its extensive product and technology expertise.
Qorvo (Nasdaq: QRVO) announced that recent studies confirm the effectiveness of the Qorvo Omnia SARS-CoV-2 Antigen Test in detecting circulating SARS-CoV-2 variants, including Delta. One study was led by Emory University and Georgia Institute of Technology for the NIH RADx initiative, while the other was conducted internally by Qorvo. The Omnia Test utilizes advanced BAW sensor technology for rapid results. Qorvo continues to validate the test’s efficacy amidst ongoing COVID-19 challenges, reinforcing its commitment to combating the pandemic.
Qorvo (Nasdaq: QRVO) has acquired United Silicon Carbide (UnitedSiC), a key player in silicon carbide power semiconductors, based in Princeton, NJ. This acquisition aims to enhance Qorvo's capabilities in the rapidly growing electric vehicle (EV) and industrial power markets. UnitedSiC's extensive product portfolio includes over 80 devices, notably its latest Generation 4 SiC FETs, which boast industry-leading performance. The integration is expected to bolster Qorvo's Infrastructure & Defense Products segment and expand its market opportunities for high-power applications.
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