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:

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.