Qorvo falls on sequential drop in revenue
28/01/2025 22:48
** 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
(Reporting by Priyanka.G in Bengaluru)
((priyanka.g@thomsonreuters.com;))