Qorvo (QRVO) Beats Q2 Earnings and Revenue Estimates

Qorvo (QRVO) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of$ 1.85 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.62%. A quarter ago, it was expected that this chipmaker would post earnings of$ 0.71 per share when it actually produced earnings of $0.87, delivering a surprise of 22.54%. Over the last four quarters, the company has surp ...