Qorvo 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:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 2.92 | 2.76 | 3.25 | 2.45 |
EPS Actual | 3.12 | 2.98 | 3.42 | 2.83 |
Revenue Estimate | 1.15B | 1.11B | 1.25B | 1.08B |
Revenue Actual | 1.17B | 1.11B | 1.25B | 1.11B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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