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Qorvo Fiscal Q1 Non-GAAP Earnings Rise, Revenue Falls; Shares Gain After Hours
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Qorvo Fiscal Q1 Non-GAAP Earnings Rise, Revenue Falls; Shares Gain After Hours
Jul 29, 2025 2:10 PM

04:59 PM EDT, 07/29/2025 (MT Newswires) -- Qorvo ( QRVO ) reported fiscal Q1 non-GAAP earnings late Tuesday of $0.92 per diluted share, up from $0.87 a year earlier.

Analysts polled by FactSet expected $0.63.

Revenue in the three months ended June 28 fell to $818.8 million from $886.7 million a year earlier.

Analysts surveyed by FactSet expected $776.4 million.

The company expects fiscal Q2 non-GAAP diluted EPS of $2, plus or minus 25 cents, on revenue of $1.025 billion, plus or minus $50 million. Analysts polled by FactSet project adjusted EPS of $1.61 on revenue of $955.6 million.

Qorvo ( QRVO ) shares jumped 7.8% in after-hours trading.

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