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Stock impact report

Why Qorvo Stock Tanked This Week [Yahoo! Finance]

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: Yahoo! Finance
Despite the beats, investors -- not to mention professional Qorvo watchers -- clearly didn't like what they saw with the company's fiscal second quarter of 2025 performance, and many bailed from the stock. According to data compiled by S&P Global Market Intelligence , this left it with a more-than 27% price drop over the week. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Fundamental performance when matched against analyst estimates is certainly worth considering for any stock, but let's remember that it isn't everything. Case in point: Qorvo's latest-reported quarter For the period, the company, which is probably best known as a supplier of advanced-smartphone chips to iDevice maker Apple , saw a 57% year-over-year revenue decline (to just over $1 billion). This feels like exactly the opposite direction a supplier of goods for a durably popular product line should be traveling. Likewise for net income, which suffer Show less Read more
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