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Qorvo Set to Report Q1 Results: Will Revenue Decline Impact Earnings?
ZACKSยท 2025-07-23 17:35
Core Viewpoint - Qorvo, Inc. (QRVO) is expected to report a revenue decline in fiscal Q1 2025, despite recent product innovations that may positively impact earnings [1][10]. Group 1: Financial Performance - Qorvo is set to report fiscal first-quarter 2025 results on April 29, with a previous earnings surprise of 24.73% and an average trailing four-quarter earnings surprise of 40.59% [1]. - The Zacks Consensus Estimate for total revenues in the June quarter is $774.7 million, indicating a 12.63% year-over-year decline [6][10]. - The High-Performance Analog segment is expected to generate net sales of $135.76 million, down from $164 million in the same quarter last year [5]. Group 2: Product Innovations - Qorvo introduced two hybrid power doubler amplifiers, QPA3311 and QPA3316, aimed at enhancing broadband cable networks through improved signal integrity and reduced infrastructure costs [2]. - The company also launched two S-Band switched filter bank modules, QPB1034 and QPB1036, to meet the growing demand for efficient radar systems in defense and aerospace applications [3]. Group 3: Market Challenges - The company faces intense competition, leading to pricing pressure that could impact overall performance [4][10]. - Macroeconomic headwinds are also affecting net sales across various segments [4].