Qorvo (QRVO) Tops Q1 Earnings and Revenue Estimates
QRVOQorvo(QRVO) ZACKS·2024-07-31 06:16

Qorvo (QRVO) came out with quarterly earnings of 0.87pershare,beatingtheZacksConsensusEstimateof0.87 per share, beating the Zacks Consensus Estimate of 0.71 per share. This compares to earnings of 0.34pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof22.540.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.54%. A quarter ago, it was expected that this chipmaker would post earnings of 1.21 per share when it actually produced earnings of $1.39, delivering a surprise of 14.88%.Over the last four quarters, the company has surp ...