Key Takeaways QRVO is expected to report a 12.63% year-over-year revenue decline for fiscal Q1 2025. New DOCSIS 4.0 amplifiers and radar filter banks could boost Q1 earnings despite sales pressure. Fierce competition and macro headwinds are weighing on pricing and segment performance.Qorvo, Inc. (QRVO) is set to report fiscal first-quarter 2025 results on April 29, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 24.73%. It pulled off a trailing four-quar ...

Qorvo, Inc. (NASDAQ: QRVO ) is due to report its Q1 earnings on the 29 th of July, so I thought I’d go through the numbers and what I will be paying attention to. The results should not bringMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosure:I/we ha ...

Core Viewpoint - Qorvo will host a conference call to discuss its fiscal 2026 first quarter financial results on July 29, 2025, at 4:30 p.m. (ET) [1] Group 1: Conference Call Details - The conference call will be available via live webcast on the Company's Investor Relations website [1] - A telephone playback of the conference call will be accessible approximately two hours after the call's completion until August 5, 2025 [2] - Qorvo will distribute its fiscal 2026 first quarter financial results at approximately 4:00 p.m. (ET) on the same day [2] Group 2: Company Overview - Qorvo is a leading global provider of connectivity and power solutions, specializing in innovative semiconductor solutions [3] - The company serves various high-growth segments, including automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure, and mobile [3]

Core Viewpoint - Qorvo is positioning itself at the forefront of the next generation of wireless communication technology with its advancements in Wi-Fi 8, UWB, Matter, and enterprise-level power management solutions, emphasizing stability and reliability over mere speed [1][3][26]. Group 1: Wi-Fi 8 Development - Wi-Fi 8 is shifting focus from throughput to "Ultra High Reliability," aiming to meet the demands of latency-sensitive applications such as remote healthcare and industrial IoT [5][6]. - The IEEE 802.11bn standard is expected to be finalized by the end of 2027, with market availability anticipated in 2028 [6]. - Wi-Fi 8 introduces various coordination mechanisms to optimize resource allocation and reduce interference, enhancing network stability and efficiency [7][9]. Group 2: UWB and Matter Integration - UWB technology is transitioning from niche markets to mainstream wireless capabilities, with significant integration in high-end smartphones and expanding into enterprise applications [11][13]. - Qorvo's third-generation UWB chip, QM35825, simplifies design processes and enhances performance metrics, supporting precise distance and angle measurements [13]. - The Matter protocol is gaining traction in smart home applications, but challenges remain in protocol compatibility and system migration [14][16]. Group 3: Power Management Innovations - In the AI era, power management is becoming crucial for ensuring data security and system stability, particularly for enterprise SSDs facing increased power density and reliability demands [18][20]. - Qorvo's integrated PMIC solutions, ACT85411 and ACT85611, are designed to meet the high reliability requirements of enterprise SSDs, featuring advanced power loss protection mechanisms [22][23]. - The company's focus on high integration and intelligent reliability in power management is set to redefine the standards for AI infrastructure [24].

在苹果于2019年发布了集成U1的iPhone 11之后，面世已经数十年的UWB（Ultra-wideband） 芯片一夜爆红。 翻看其发展历史，UWB技术最早可以追溯到1887年。当时，Heinrich Hertz通过制造火花并通过 宽带加载偶极子（loaded dipoles）发射出第一个UWB信号。随后的几十年里，UWB发展几经浮 沉。直到1989年，美国国防部创造了"超宽带"（Ultra-Wideband：UWB）一词，UWB进入了发 展新阶段，但其应用场景，依然离消费者很远。 作为一种基于IEEE 802.15.4a和802.15.4z标准的无线电技术，UWB可以更精确地测量无线电信号 的飞行时间，从而实现厘米级精度的距离/位置测量。作为引起新一轮热潮的应用，智能手机和类 似AirTags之类的产品无疑是UWB首先发力的市场。与此同时，开发者还在迅速崛起的智能车市场 和工业、医疗市场中为UWB寻找一席之地。 诚然，UWB有不少先天优势。 以UWB另一个主要应用方向——汽车准入方案应用为例，作为进入汽车的重要入口，历经多年发 展的汽车行业大多采用了BLE和NFC作为汽车准入的无线方案，但因其天生特性， ...

Qorvo, Inc. (QRVO) recently introduced two cutting-edge hybrid power doubler amplifiers, QPA3311 and QPA3316, designed for Data Over Cable Service Interface Specification (“DOCSIS”) 4.0 broadband cable networks. The DOCSIS technology is essential for delivering high-speed internet and video services over existing cable systems.For cable-based broadband services, hybrid fiber coax (“HFC”) systems serve as a backbone. It enables fast internet delivery using DOCSIS 4.0 technology and effectively supports advan ...

A month has gone by since the last earnings report for Qorvo (QRVO) . Shares have added about 5.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Qorvo due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns out, estimates ...

Market Focus - Qorvo serves six primary end markets: automotive, consumer, defense and aerospace, industrial and enterprise, infrastructure, and mobile [23]. - In the D&A market, Qorvo focuses on high-power phased array radar and satellite communications, with expanding opportunities driven by upgrades to legacy systems and new frequency bands [25]. - Qorvo's infrastructure products support the migration to 5G, enhancing capacity and efficiency for cellular base stations [27]. - The demand for technologies that efficiently increase data throughput and improve user experiences is rising due to global connectivity trends [22]. Product Development - The company invests in R&D to develop advanced technologies, focusing on materials, semiconductor processes, and AI integration [39]. - Qorvo's connectivity product portfolio includes multi-protocol SoCs that enable multiple radios to connect concurrently, enhancing IoT device proliferation [34]. - The Wi-Fi 7 standard is being developed to double channel bandwidth and improve performance over longer distances [35]. - Qorvo's advanced cellular products address the complexities of 5G devices, which require higher data throughput and lower latency [37]. Manufacturing and Operations - The company operates fabrication facilities for various semiconductor technologies across multiple states, ensuring a global supply chain [45]. - Manufacturing yields are closely monitored to maximize quality and efficiency, with continuous reliability testing throughout production [47]. - The company is ISO 14001:2015 certified, ensuring compliance with environmental laws and continuous improvement in manufacturing processes [77]. - The company’s manufacturing facilities are certified to ISO 9001 and other industry-specific standards, ensuring high-quality production [51]. Financial Performance - In fiscal year 2025, Apple Inc. accounted for 47% of total revenue, while Samsung Electronics contributed 10% [54]. - Revenue fluctuations are influenced by consumer demand, timing of device launches, and macroeconomic factors [57]. - The company incurred a foreign currency loss of $0.3 million in fiscal 2025, compared to a gain of $0.4 million in fiscal 2024 [286]. - If the U.S. dollar declines by 10% against foreign currencies, the company's net income would decrease by approximately $1.5 million in fiscal 2025 [287]. - Conversely, if the U.S. dollar increases by 10% against foreign currencies, the company's net income would increase by approximately $1.2 million in fiscal 2025 [287]. Workforce and Employment - Approximately 6,200 full and part-time employees are employed across 23 countries, with 78% located in the Americas [66]. - The company maintains a global attrition rate consistently below the technology industry average [70]. Strategic Changes - The company completed the sale of its assembly and test operations in China to Luxshare Precision Industry Co., Ltd. in Q1 fiscal 2025 [49]. - The company plans to wind down operations in Costa Rica, expected to be completed in early calendar year 2026 [49]. Intellectual Property - The company has approximately 2,500 patents with expiration dates between 2025 and 2043, actively seeking to expand its patent portfolio [63]. Financial Risk Management - The company manages financial risks related to interest rates, foreign currency exchange rates, and commodity prices through operational means and financial instruments [283]. - The effectiveness of the company's financial risk management activities may vary over time, with no assurance of success in mitigating financial impacts [283]. - The company routinely uses precious metals in manufacturing, which exposes it to commodity price risk [288]. - The company has an active reclamation process to capture unused gold, aiming to mitigate commodity-related cost increases [288]. Financial Position - As of March 29, 2025, there were no outstanding borrowings under the Revolving Facility, which bears interest at a variable rate if drawn [284]. - The company has foreign operations in Asia, Central America, and Europe, with a significant portion of revenue derived from international sales [285]. - The functional currency for most international operations is the U.S. dollar, but operating expenses may be denominated in local currencies, affecting financial results [285].

Is Qorvo stock really as cheap as it looks?Qorvo (QRVO) stock jumped 10.5% through 10:35 a.m. ET Wednesday after beating analyst forecasts this morning.Heading into the company's fiscal Q4 2025 report, analysts forecast Qorvo would earn only $1 per share on sales of $850.5 million. In fact, the company earned $1.42 per share (adjusted for one-time items), and its sales were $869.5 million. Qorvo Q4 earningsCEO Bob Bruggeworth described Qorvo's Q4 performance as "stronger than seasonal" and exceeding "the mi ...

Core Insights - Qorvo, Inc. reported strong fourth-quarter fiscal 2025 results, with adjusted earnings and revenues exceeding Zacks Consensus Estimates [1] Financial Performance - The company reported a GAAP net income of $31.4 million or 33 cents per share, up from $2.7 million or 3 cents per share in the prior-year quarter, attributed to lower operating expenses and an income tax benefit [3] - Non-GAAP net income was $133.3 million or $1.42 per share, slightly down from $135.5 million or $1.39 per share year-over-year, surpassing the Zacks Consensus Estimate by 41 cents [4] - Total revenues for fiscal 2025 were $3.72 billion, a decrease from $3.77 billion in fiscal 2024 [6] Revenue Breakdown - Net sales for the quarter declined to $869.5 million from $941 million in the prior-year quarter, impacted by a drop in Advanced Cellular Group (ACG) and Connectivity and Sensors Group (CSG) verticals, but secured major design wins in various applications [5][2] - High Performance Analog revenues increased to $187.9 million from $164.6 million year-over-year, driven by strong demand in defense and aerospace sectors [7] - Revenues from CSG were $101.3 million, down from $122.8 million in the year-ago quarter, missing estimates [8] Cash Flow and Liquidity - As of March 31, 2025, Qorvo had $1.02 billion in cash and cash equivalents and $1.55 billion in long-term debt, with net cash from operating activities of $199.2 million and free cash flow of $170.7 million for the quarter [11] Outlook - For the first quarter of fiscal 2026, the company expects revenues of $775 million (+/- $25 million) and non-GAAP gross margin between 42% and 44%, with non-GAAP earnings per share projected in the range of 50-75 cents [12]