Globenewswire·2025-10-28 11:00Core Insights - Qorvo announced preliminary financial results for its fiscal 2026 second quarter, reporting revenue of $1.1 billion, a gross margin of 47.0%, and diluted earnings per share of $1.28 on a GAAP basis, while non-GAAP results showed a gross margin of 49.7% and diluted earnings per share of $2.22 [2][3] Financial Performance - Preliminary revenue for Qorvo's fiscal 2026 second quarter was $1,058.5 million, exceeding prior guidance of $1,025 million, plus or minus $50 million [3] - Non-GAAP gross margin was reported at 49.7%, within the guidance range of 48% to 50% [3] - Non-GAAP diluted earnings per share were $2.22, surpassing the prior guidance of $2.00, plus or minus 25 cents [3] Strategic Developments - Qorvo and Skyworks Solutions announced a definitive agreement to combine in a cash-and-stock transaction, valuing the combined enterprise at approximately $22 billion, aiming to create a global leader in high-performance radio frequency, analog, and mixed-signal semiconductors [3][17] - A joint conference call is scheduled to discuss the proposed transaction, indicating proactive communication with investors and analysts [3] Additional Information - Qorvo plans to announce its complete financial results for the fiscal 2026 second quarter on November 3, 2025, providing further insights into its performance [3]