Qorvo Q2 2024 EPS $2.39 Beats $1.77 Estimate, Revenue $1.103B Beats $1.001B Estimate
Portfolio Pulse from Benzinga Newsdesk
Qorvo has reported its Q2 2024 earnings per share (EPS) at $2.39, surpassing the estimated $1.77. The company's revenue also exceeded expectations, coming in at $1.103 billion against the estimated $1.001 billion.
November 01, 2023 | 8:03 pm
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POSITIVE IMPACT
Qorvo's Q2 2024 earnings and revenue have exceeded estimates, which could positively impact the company's stock in the short term.
Earnings reports are a significant factor in a company's stock performance. Qorvo's better-than-expected Q2 2024 earnings and revenue could lead to increased investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100