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Qorvo sees Q4 EPS 90c-$1.10, consensus 86c
The Fly

Qorvo sees Q4 EPS 90c-$1.10, consensus 86c

Sees Q4 revenue $850M +/- $25M, consensus $849.26M. Sees Q4 gross margin 43%-44%. Grant Brown, chief financial officer of Qorvo (QRVO), said, “Qorvo exceeded the midpoint of our December quarter non-GAAP guidance in revenue, gross margin, and EPS. During the quarter, we took proactive steps to change how we support our Android business. These actions will reduce operating expense and are expected to benefit gross margin in our fiscal 2026. Subsequent to the quarter, we divested our silicon carbide business. These actions, in aggregate, are expected to support a high-40%’s gross margin in seasonally strong quarters of fiscal 2026 and additional gross margin improvement in fiscal 2027.”

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