Qorvo Sees Q2 Adj. EPS $1.75-$1.95; Revenue $1.025B ± $25M
Portfolio Pulse from Benzinga Newsdesk
Qorvo has provided guidance for Q2 with an adjusted EPS range of $1.75 to $1.95 and revenue of $1.025 billion, plus or minus $25 million.
July 30, 2024 | 8:04 pm
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Qorvo has issued its Q2 guidance, forecasting adjusted EPS between $1.75 and $1.95 and revenue of $1.025 billion, plus or minus $25 million. This guidance provides a positive outlook for the company's financial performance in the upcoming quarter.
The provided guidance indicates a strong financial performance for Qorvo in Q2, which is likely to positively impact the stock price in the short term. The adjusted EPS and revenue projections are within a favorable range, suggesting stability and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100