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0.0601038832550087 0.0759337125896612 0.0750680187979224 0.0755627009646302 0.0850853326737572 0.0850853326737572 0.0803858520900322 0.105614642592135
Stock impact report

Qorvo® Announces Fiscal 2020 Second Quarter Financial Results

Qorvo, Inc. (QRVO) 
Last qorvo, inc. earnings: 1/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.qorvo.com/investor-relations
Company Research Source: GlobeNewswire
Board of Directors Authorizes $1 Billion Share Repurchase Program GREENSBORO, N.C., Oct. 31, 2019 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal 2020 second quarter, ended September 28, 2019.  On a GAAP basis, revenue for Qorvo’s fiscal 2020 second quarter was $807 million, gross margin was 40.1%, operating income was $113 million and diluted earnings per share was $0.70.  On a non-GAAP basis, gross margin was 46.5%, operating income was $208 million and diluted earnings per share was $1.52. Bob Bruggeworth, president and chief executive officer of Qorvo, said, “Qorvo delivered another solid quarter, as our technology investments, portfolio management, and operational discipline continued to yield strong and consistent performance.  We are especially pleased with 5G design activity and the trends we see toward increasing RF integration.  During the quar Show less Read more
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