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Kritika Sarmah

Qorvo's Quarterly Earnings Preview: What You Need to Know

Qorvo QRVO

Qorvo, Inc. (QRVO), headquartered in Greensboro, North Carolina, is a leading provider of core technologies and radio frequency (RF) solutions for mobile, infrastructure, aerospace, and defense applications. Valued at a market cap of $6.8 billion, it operates through High-Performance Analog (HPA), Connectivity and Sensors Group (CSG), and Advanced Cellular Group (ACG) segments. The semiconductor major is expected to announce its Q3 earnings after the market closes on Wednesday, Jan. 29.

Ahead of the event, analysts expect Qorvo to report a profit of $0.87 per share, down 53.9% from $1.89 per share reported in the year-ago quarter. The company has surpassed Wall Street’s bottom-line projections in each of the past four quarters. 

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