Qorvo (NASDAQ:QRVO) reported its Q4 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Qorvo beat estimated earnings by 6.85%, reporting an EPS of $3.12 versus an estimate of $2.92.
Revenue was up $93.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 10.33% drop in the share price the next day.
Here's a look at Qorvo's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.76 | 3.25 | 2.45 | 2.43 |
| EPS Actual | 2.98 | 3.42 | 2.83 | 2.74 |
| Revenue Estimate | 1.11B | 1.25B | 1.08B | 1.04B |
| Revenue Actual | 1.11B | 1.25B | 1.11B | 1.07B |
To track all earnings releases for Qorvo visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
