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BUZZ-Qorvo falls on sequential drop in revenue

ReutersJan 28, 2025 10:48 PM

Shares of chipmaker Qorvo QRVO.O fall 3.2% to $83 in extended trading

QRVO reports Q3 revenue of $916.3 million vs $1.05 billion in Q2

Expects Q4 revenue of $850 million, plus or minus $25 million, vs est of $841.2 mln - LSEG

Co expects Q4 adj EPS between $0.90 and $1.10 per share vs est of $0.86

QRVO stock down 15% in the past 12 months

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