Qorvo Q1 2025 Adj. EPS $0.87 Beats $0.71 Estimate, Sales $886.700 Miss $851.882M Estimate
Portfolio Pulse from Benzinga Newsdesk
Qorvo (NASDAQ:QRVO) reported Q1 2025 adjusted EPS of $0.87, beating the estimate of $0.71. However, sales of $886.7 million missed the estimate of $851.882 million. This represents a significant decrease from $651.164 million in the same period last year.
July 30, 2024 | 8:01 pm
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Qorvo's Q1 2025 earnings per share beat expectations, but sales missed estimates. This mixed result could lead to short-term volatility in the stock price.
While Qorvo's EPS beat expectations, the miss on sales and the significant year-over-year decrease in sales could create mixed sentiment among investors, leading to short-term volatility in the stock price.
CONFIDENCE 90
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RELEVANCE 100