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Qorvo Announces Verdict and Damage Award in Litigation Versus Akoustis
globenewswire.com· 2024-05-21 04:00
GREENSBORO, N.C., May 20, 2024 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ:QRVO), a leading global provider of connectivity and power solutions, today announced that a federal jury in the U.S. District Court for the District of Delaware returned a verdict on Friday, May 17, 2024, in favor of Qorvo, finding that Akoustis Technologies, Inc. and Akoustis Inc. (together, "Akoustis") willfully and maliciously misappropriated Qorvo trade secrets and infringed certain Qorvo patents relating to BAW filter designs. The jury ...
Qorvo(QRVO) - 2024 Q4 - Earnings Call Transcript
2024-05-02 08:08
Qorvo, Inc. (NASDAQ:QRVO) Q4 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Douglas DeLieto - Vice President, Investor Relations Bob Bruggeworth - President & Chief Executive Officer Grant Brown - Chief Financial Officer Dave Fullwood - Senior Vice President, Sales & Marketing Conference Call Participants Ruben Roy - Stifel Karl Ackerman - BNP Paribas Edward Snyder - Charter Equity Research Chris Caso - Wolfe Research Srini Pajjuri - Raymond James Thomas O'Malley - Barclays Christ ...
Qorvo(QRVO) - 2024 Q4 - Annual Results
2024-05-02 04:08
FOR IMMEDIATE RELEASE Qorvo® Announces Fiscal 2024 Fourth Quarter Financial Results GREENSBORO, N.C., May 1, 2024 — Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s fiscal 2024 fourth quarter ended March 30, 2024. Strategic Highlights •Grew quarterly revenue 49% year-over-year and exceeded the mid-point of revenue guidance by $16 million •Completed acquisition of Anokiwave, a leading supplier of high-performance silicon ...
Qorvo(QRVO) - 2024 Q3 - Quarterly Report
2024-02-02 05:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission File Number 001-36801 Qorvo, Inc. (Exact name of registrant as specified in its charter) Delaware 46-5288992 (State or othe ...
Qorvo(QRVO) - 2024 Q3 - Earnings Call Transcript
2024-02-01 08:37
Qorvo, Inc. (NASDAQ:QRVO) Q3 2024 Earnings Conference Call January 31, 2024 5:00 PM ET Company Participants Douglas DeLieto - Vice President, Investor Relations Robert Bruggeworth - President and Chief Executive Officer Grant Brown - Senior Vice President and Chief Financial Officer Dave Fullwood - Senior Vice President, Sales & Marketing Conference Call Participants Toshiya Hari - Goldman Sachs Ruben Roy - Stifel Nicolaus Edward Snyder - Charter Equity Research Karl Ackerman - BNP Paribas Srini Pajjuri - R ...
Qorvo, Inc. (QRVO) Presents at UBS Global Technology Conference (Transcript)
2023-11-30 07:47
Qorvo, Inc. (NASDAQ:QRVO) UBS Global Technology Conference November 29, 2023 2:55 PM ET Company Participants Frank Stewart - SVP and President of Advanced Cellular Douglas DeLieto - Vice President, Investor Relations Dave Fullwood - Senior Vice President, Sales & Marketing Conference Call Participants Tim Arcuri - UBS Tim Arcuri I am Tim Arcuri. I'm a semicon analyst here at UBS. Very happy to have Qorvo next. And we have, Frank Stewart, who is the SVP and President of the ACS, the Advanced Cellular Group. ...
Qorvo(QRVO) - 2024 Q2 - Quarterly Report
2023-11-03 04:23
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission File Number 001-36801 Qorvo, Inc. (Exact name of registrant as specified in its charter) Delaware 46-5288992 (State or oth ...
Qorvo(QRVO) - 2024 Q2 - Earnings Call Transcript
2023-11-02 08:52
Qorvo, Inc. (NASDAQ:QRVO) Q2 2024 Earnings Call Transcript November 1, 2023 5:00 PM ET Company Participants Douglas DeLieto - VP of IR Bob Bruggeworth - President and CEO Grant Brown - CFO Dave Fullwood - SVP of Sales and Marketing Conference Call Participants Gary Mobley - Wells Fargo Securities Karl Ackerman - BNP Paribas Toshiya Hari - Goldman Sachs Ruben Roy - Stifel Edward Snyder - Charter Equity Research Srini Pajjuri - Raymond James Vivek Arya - Bank of America Securities Chris Caso - Wolfe Research ...
Qorvo(QRVO) - 2024 Q1 - Quarterly Report
2023-08-04 04:51
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 1, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission File Number 001-36801 Qorvo, Inc. (Exact name of registrant as specified in its charter) Delaware 46-5288992 (State or other jur ...
Qorvo(QRVO) - 2023 Q4 - Annual Report
2023-05-20 05:03
公司概况 - Qorvo是全球领先的无线、有线和电源市场技术和产品开发与商业化公司[10] - 公司在2023财年第二季度更新了组织结构,从两个运营部门(移动产品和基础设施与国防产品)调整为三个运营部门(高性能模拟、连接性和传感器组和先进蜂窝组)[11] - 公司的业务涵盖移动设备、蜂窝基础设施、电源管理和转换、物联网、智能家居、国防和航空航天以及汽车等多个市场领域[17] - 公司拥有全球供应链,每天发货数百万个单位[45] - 公司员工数量超过8500人,分布在23个国家[64] - 公司致力于招聘、留住和培养多样化的全球员工[66] - 公司提供竞争性的薪酬和福利计划,以吸引、激励和留住员工[65] 竞争对手和知识产权 - 公司主要竞争对手包括Analog Devices, Inc.; Infineon Technologies AG; MACOM Technology Solutions Holdings, Inc.; NXP Semiconductors N.V.; ON Semiconductor Corporation; STMicroelectronics N.V.; Sumitomo Electric Device Innovations; Texas Instruments, Inc.; 和 Wolfspeed, Inc.[58] - 公司拥有大约2250项专利,有效期在2023年至2041年之间[61] - 公司依赖知识产权组合保护知识产权,可能面临第三方侵权风险[177] 安全和环境 - 公司重视安全、健康和员工福祉,致力于提供安全的工作环境和健康福利计划[71] - 公司遵守各国政府的环境法规,努力提高制造过程的环境方面[76] - 公司的网络安全计划建立在ISO和国家标准与技术框架之上[80] - Qorvo的网络安全计划包括年度网络安全预算规划[82] - Qorvo与同行组织、行业团体和联邦机构定期分享网络安全信息[83] 财务风险 - 公司的全球运营和业务可能会受到自然灾害、工业事故、网络安全事件、电信故障、电力或水资源短缺、极端天气条件、公共卫生问题(包括COVID-19大流行)、恐怖袭击、政治和/或社会动荡、战争或其他军事行动、政治或监管问题以及其他人为灾害或灾难性事件的影响[117] - 公司的债务风险包括可能无法产生足够现金支付债务、资本支出,可能被迫采取其他措施满足债务义务,这可能不利于公司[172] - 公司的债务偿还和资金需求取决于未来现金生成能力和财务状况,可能面临流动性问题,需要重新融资或重组债务[173] - 公司的债务协议和高级票据的条款限制了公司的运营和财务灵活性[174] - 公司的信贷协议要求遵守一定的财务维持契约,如果无法遵守可能导致债务违约[175] 市场风险 - 公司在中国市场取得了iPhone销售收入创纪录,达到了967.7亿美元[110] - 公司在全球范围内的销售和运营面临着国际销售和运营的风险[163] - 公司在中国拥有大部分的组装和测试能力,中国政府的经济监管可能对公司的业务和运营结果产生不利影响[167] - 公司可能受到美国与中国或其他国家之间关税、出口限制或其他贸易措施的影响,可能导致销售、业务和运营结果受到重大不利影响[171] 生产设施和设备 - 我们的主要生产设施包括位于北卡罗来纳州格林斯伯勒、俄勒冈州希尔斯伯勒和德克萨斯州理查森的晶圆制造设施[203] - 在2021财年,我们关闭了德克萨斯州法默斯布兰奇的BAW制造设施,并在2023财年将其列为待售资产[204] - 我们认为我们的设施保养良好,设备齐全,适合目前的运营需求,但会持续评估业务和设施,可能会在未来扩建、增加或处置设施[205]