Qorvo (QRVO) Q3 Earnings and Revenues Top Estimates
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Qorvo (QRVO) reported Q3 earnings of $1.61 per share, surpassing the Zacks Consensus Estimate of $1.20. However, this is a decrease from $2.10 per share a year ago.
January 28, 2025 | 11:30 pm
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Qorvo's Q3 earnings per share of $1.61 exceeded expectations but were lower than last year's $2.10, indicating a mixed performance.
Qorvo's earnings beat the consensus estimate, which is typically positive for stock prices. However, the year-over-year decline in earnings per share may temper investor enthusiasm. The immediate impact is likely positive due to the earnings beat.
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