Qorvo: Solid Earnings Beat, But ACG Division Pressures Are Likely To Persist
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Qorvo, Inc. reported a solid earnings beat for Q3-25, but the results were still disappointing due to ongoing pressures in its ACG division. Despite raising its Q4 EPS outlook, the company's stock has underperformed, losing 17% over the past year.
January 29, 2025 | 4:15 pm
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Qorvo, Inc. reported a solid earnings beat for Q3-25, but ongoing pressures in its ACG division and previous EPS outlook cuts have led to disappointing results. The stock has underperformed, losing 17% over the past year.
Despite a solid earnings beat, Qorvo's results were disappointing due to ongoing pressures in its ACG division. The company has underperformed over the past year, losing 17% in stock value. Although the Q4 EPS outlook was raised, it had been significantly lowered in previous quarters, which tempers investor optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100