Qorvo (NASDAQ:QRVO) reported its Q1 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Qorvo beat estimated earnings by 6.13%, reporting an EPS of $2.25 versus an estimate of $2.12.

Revenue was down $75.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.2 which was followed by a 8.8% drop in the share price the next day.

Here's a look at Qorvo's past performance:

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.