The earnings results for Qorvo (NASDAQ:QRVO) for Q3 were made public on Tuesday, January 28, 2025 at 04:00 PM.
Here's a comprehensive overview of the announcement.
Earnings
Qorvo beat estimated earnings by 33.0%, reporting an EPS of $1.61 versus an estimate of $1.21.
Revenue was down $157.70 million from the same period last year.
Earnings History Overview
The company beat on EPS by $0.03 in the last quarter, resulting in a 27.0% drop share price change the following day.
Here's a look at Qorvo's past performance:
| Quarter | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|
| EPS Estimate | 1.85 | 0.71 | 1.21 | 1.66 |
| EPS Actual | 1.88 | 0.87 | 1.39 | 2.10 |
| Revenue Estimate | 1.03B | 851.88M | 926.25M | 1.00B |
| Revenue Actual | 1.05B | 886.67M | 941.99M | 1.07B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Qorvo management provided guidance for Q4 2025, expecting earnings between $0.9 and $1.1 per share.
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.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
