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Why Is Qorvo (QRVO) Down 6.4% Since Last Earnings Report?
QRVOQorvo(QRVO) ZACKS·2024-11-28 17:35

It has been about a month since the last earnings report for Qorvo (QRVO) . Shares have lost about 6.4% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Qorvo due for a breakout? 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. Qorvo's Q2 Earnings Surpass Estimates Despite Lower Revenu ...