Qorvo Shares Plunge 27%: Is This the Beginning of the End for …

Oct 30, 2024 · Qorvo (NASDAQ:QRVO) is in for a rough ride as it navigates a shifting smartphone market, resulting in a more than 27% plunge in its stock price. The company reported fiscal …

27%
OFF

Qorvo Shares Plunge 27%: Is This The Beginning Of The End For …

2 weeks from now

Oct 30, 2024 · Qorvo (NASDAQ:QRVO) is in for a rough ride as it navigates a shifting smartphone market, resulting in a more than 27% plunge in its stock price. The company reported fiscal …

yahoo.com

14%
OFF

Qorvo Sinks As Outlook Tumbles On Android Market Shift - MSN

2 weeks from now

Qorvo (NASDAQ:QRVO) shares sank 14% during early post-market trading Tuesday after the company revealed a significant downturn in revenue for the second half of the fiscal year. …

msn.com

93%
OFF

Chipmaker Qorvo Tumbles As Android-makers Turn To Cheaper Chips

2 weeks from now

Oct 30, 2024 · Chipmaker Qorvo tumbles as Android-makers turn to cheaper chips Shares of Qorvo QRVO $71.50 (-1.93%) were down more than 23% in early trading Wednesday, after …

sherwood.news

17%
OFF

Stock Track | Qorvo Shares Plunge As Weak Android Market …

2 weeks from now

Qorvo Inc. (QRVO), a leading provider of connectivity and power solutions for mobile and other high-growth markets, saw its shares plummet by over 17% in pre-market trading on October …

ttm.financial

12%
OFF

Qorvo Shares Tumble 12% As Guidance Disappoints - Investing.com

2 weeks from now

Oct 29, 2024 · GREENSBORO, N.C. - Qorvo Inc . (NASDAQ: QRVO) reported better-than-expected fiscal second quarter results but saw its shares plunge 12% in after-hours trading as …

investing.com

57%
OFF

Qorvo Reports Unexpected Q2 Loss And Weak Outlook, Resulting …

2 weeks from now

Nov 2, 2024 · Qorvo's latest financial results reveal a stark reality: despite beating earnings expectations, a 57% revenue drop and a 27% stock plunge signal deeper market challenges. …

folikoinsights.com

$157
OFF

Qorvo Foresees Some Android Pain; FVE Down To $157 But Shares …

2 weeks from now

Aug 4, 2022 · We will lower our fair value estimate for no-moat Qorvo to $157 from $169, as we’re modestly less bullish on future revenue and gross margins. Yet we still view shares as …

morningstar.com

7%
OFF

Why Qorvo (QRVO) Stock Is Falling Today

2 weeks from now

Oct 30, 2024 · Shares of communications chips maker Qorvo (NASDAQ: QRVO) fell 27.7% in the afternoon session after the company reported weak third-quarter earnings, with its revenue …

stockstory.org

7%
OFF

Why Qorvo (QRVO) Stock Is Falling Today - Yahoo Finance

2 weeks from now

Oct 30, 2024 · Shares of communications chips maker Qorvo (NASDAQ: QRVO) fell 27.7% in the afternoon session after the company reported weak third-quarter earnings, with its revenue …

yahoo.com

38%
OFF

Qorvo Faces Significant Stock Decline Amid Legal Disputes And …

2 weeks from now

Dec 28, 2024 · As Qorvo grapples with a staggering 38% stock decline in 2024, the company faces significant challenges, including weak revenue guidance and high inventory levels. Yet, …

folikoinsights.com

25%
OFF

Qorvo Faces Significant Stock Plunge Following Unexpected Q2 …

2 weeks from now

Nov 8, 2024 · Qorvo's unexpected Q2 loss of $17.4 million has sent its stock tumbling over 25%, raising questions about its future in a shifting smartphone market. With a promising growth in …

folikoinsights.com

FAQs about Qorvo Shares Plunge 27%: Is This the Beginning of the End for … Coupon?

Is Qorvo (qrvo) a good stock to buy?

Qorvo (NASDAQ:QRVO) is in for a rough ride as it navigates a shifting smartphone market, resulting in a more than 27% plunge in its stock price. The company reported fiscal 2025 second-quarter revenues of $1.047 billion, surpassing expectations, but with a gross margin of just 42.6% and a loss of $0.18 per share on a GAAP basis. ...

Why did Qorvo share price drop 4% during early post-market trading?

Qorvo competitor Skyworks Solutions (NASDAQ: SWKS) slipped 4% while Qualcomm (NASDAQ: QCOM) slid 1.4% during early post-market trading. Qorvo (NASDAQ:QRVO) shares sank 14% during early post-market trading Tuesday after the company revealed a significant downturn in revenue for the second half of the fiscal year. ...

Why did Qorvo stock sank 14% during early post-market trading?

Qorvo (NASDAQ: QRVO) shares sank 14% during early post-market trading Tuesday after the company revealed a significant downturn in revenue for the second half of the fiscal year. Qorvo released its second quarter fiscal 2025 financial results after the bell. ...

Why did Qorvo (qrvo) shares tumble?

Qorvo (QRVO) shares tumble after the wireless hardware company's weak outlook disappointed investors. The company supplies hardware for Apple (AAPL) and Android devices. Julie Hyman and Josh Lipton examine what the results signal about the smartphone market. ...

Is Qorvo getting worse?

Result: While Qorvo reported $1.88 in adjusted profit, its net income for the quarter was a loss of $0.18 per share -- versus a $0.99-per-share profit one year ago. And now the really bad news: Things are getting worse. According to CFO Grant Brown, Qorvo "exceeded the midpoint of guidance in revenue, gross margin and EPS" in Q2. ...

How did Qorvo perform in fiscal 2025?

The company reported fiscal 2025 second-quarter revenues of $1.047 billion, surpassing expectations, but with a gross margin of just 42.6% and a loss of $0.18 per share on a GAAP basis. On a non-GAAP basis, Qorvo's gross margin fared better at 47.0%, with operating income reaching $212.2 million and diluted earnings per share hitting $1.88. ...