qorvo news releases

A telephone playback of the conference call will be available approximately two hours after the call’s completion and can be accessed by dialing 719-457-0820 and using the passcode 2952909. Moreover, we believe that the exclusion of stock-based compensation expense in presenting non-GAAP gross profit and gross margin and other non-GAAP financial measures is useful to investors to understand the impact of the expensing of stock-based compensation to Qorvo's gross profit and gross margins and other financial measures in comparison to prior periods. We also believe that the adjustments to profit and margin related to accelerated depreciation, restructuring related charges and certain non-cash expenses do not constitute part of Qorvo's ongoing operations and therefore the exclusion of these items provides management and investors with better visibility into the actual revenue and actual costs required to generate revenues over time and gives management and investors a more effective means of evaluating our historical and projected performance. We are unable to provide a reconciliation of the forward-looking non-GAAP financial measures to the most directly comparable forward-looking GAAP financial measures without unreasonable effort due to variability and difficulty in making accurate projections for items that would be required to be included in the GAAP measures, such as stock-based compensation, acquisition and integration related costs, restructuring related charges, asset impairments and the provision for income taxes. We believe disclosure of non-GAAP net income and non-GAAP net income per diluted share has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. We believe that the majority of Qorvo's purchased intangibles are not relevant to analyzing current operations because they generally represent costs incurred by the acquired company to build value prior to acquisition, and thus are effectively part of transaction costs rather than ongoing costs of operating Qorvo's business. Visit our blog, or watch our latest videos. NEWS RELEASE Continued About Qorvo Inc. Qorvo (Nasdaq:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. All News Headlines and Company Releases. EBITDA. Qorvo Launches First Fully Integrated Automotive eCall Switch with Industry-Leading Reliability and Performance 01/11/2021; Qorvo Introduces World's Smallest 20-Watt Single-Chip Programmable Motor Control and Drive Solution for Brushless DC Motors 01/04/2021; Visit our Press Release Section GREENSBORO, N.C., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative Radio Frequency (RF) solutions … Qorvo Acquires Cavendish Kinetics, Inc. GREENSBORO, NC — October 7, 2019 — Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has acquired Cavendish Kinetics, Inc., the world's leading provider of high-performance RF MEMS technology for antenna tuning applications. 07:08 AM ET . Qorvo was formed following the merger of RFMD and TriQuint, and has nearly 7,000 global employees dedicated to delivering solutions for everything that connects the world. 07:08 AM ET . On a non-GAAP basis, gross margin was 48.6%, operating income was $204 million and diluted earnings per share was $1.50. Visit Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. Management believes that this measure is useful as an indicator of our ability to service our debt, meet other payment obligations and make strategic investments. The income tax adjustment primarily represents the use of research and development tax credit carryforwards, deferred tax expense (benefit) items not affecting taxes payable, adjustments related to the deemed and actual repatriation of historical foreign earnings, non-cash expense (benefit) related to uncertain tax positions and other items unrelated to the current fiscal year or that are not indicative of our ongoing business operations. Qorvo was formed following the merger of RFMD and TriQuint, and has nearly 7,000 global employees dedicated to delivering solutions for everything that connects the world. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar … Non-GAAP net income and non-GAAP net income per diluted share exclude the effects of stock-based compensation expense, amortization of intangible assets, restructuring related charges, acquisition and integration related costs, loss (gain) on assets, accelerated depreciation, start-up costs, certain non-cash expenses, (gain) loss on investments, other (income) expense and also reflect an adjustment of income taxes. The conference call will be broadcast live over the Internet and can be accessed by any interested party at http://www.qorvo.com (under “Investors”). Get the latest Qorvo, Inc. (QRVO) stock news and headlines to help you in your trading and investment decisions. In addition to disclosing financial results calculated in accordance with United States (U.S.) generally accepted accounting principles (GAAP), this earnings release contains some or all of the following non-GAAP financial measures: (i) non-GAAP revenue, (ii) non-GAAP gross profit and gross margin, (iii) non-GAAP operating income and operating margin, (iv) non-GAAP net income, (v) non-GAAP net income per diluted share, (vi) non-GAAP operating expenses (research and development; selling, general and administrative), (vii) free cash flow, (viii) EBITDA, (ix) non-GAAP return on invested capital (ROIC), and (x) net debt or positive net cash. Additionally, our definition of free cash flow is limited, in that it does not represent residual cash flows available for discretionary expenditures due to the fact that the measure does not deduct the payments required for debt service and other contractual obligations. However, these non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. GREENSBORO, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced the pricing of … QORVO, INC. : Press releases relating to QORVO, INC. Investor relations | Nasdaq: QRVO | Nasdaq Free cash flow should be considered in addition to, rather than as a substitute for, net income as a measure of our performance and net cash provided by operating activities as a measure of our liquidity. PDF Version. The Qorvo team continues to operate very well in a challenging environment. If you're interested in being added to our media/industry analyst list, please forward your contact information to Brent Dietz, Director of Corporate Communications. We provide these non-GAAP measures to investors on a prospective basis for the same reasons (set forth above) that we provide them to investors on a historical basis. Find the latest press releases from Qorvo, Inc. Common Stock (QRVO) at Nasdaq.com. Qorvo, a provider of radio frequency (RF) chips, is well-poised to benefit from the increase in production ramp-up of Apple’s iPhones. Facebook; Twitter ; LinkedIn; Join Our Mailing List. Find the latest news headlines from Qorvo, Inc. Common Stock (QRVO) at Nasdaq.com. Also, we believe that non-GAAP financial measures provide useful supplemental information to investors and enable investors to analyze the results of operations in the same way as management. Qorvo’s Wi … The playback will be available through the close of business August 5, 2020. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. QRVO: Get the latest Qorvo stock price and detailed information including QRVO news, historical charts and realtime prices. Qorvo will conduct a conference call at 5:00 p.m. News. All other trademarks are the property of their respective owners. We believe that acquisition and integration related costs and certain non-cash expenses do not constitute part of Qorvo's ongoing operations and therefore, the exclusion of these costs provides management and investors with better visibility into the actual costs required to generate revenues over time and gives management and investors a more effective means of evaluating our historical and projected performance. 02:41 PM ET. Connect with Qorvo. Non-GAAP net income and non-GAAP net income per diluted share. 02:41 PM ET. We believe such reconciliations would imply a degree of precision that would be confusing or misleading to investors. Limitations of non-GAAP financial measures. Qorvo® to Present at Barclays Global Technology, Media and Telecommunications Virtual Conference. We believe that presentation of measures of these operating expenses that exclude amortization of intangible assets and stock-based compensation expense is useful to both management and investors for the same reasons as described above with respect to our use of non-GAAP gross profit and gross margin. Many of the foregoing risks and uncertainties are, and will continue to be, exacerbated by the COVID-19 outbreak and any worsening of the global business and economic environment as a result. NEWS RELEASE Continued About Qorvo Inc. Qorvo (Nasdaq:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. AP NEWS ... Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. Our newsroom offers links to Qorvo news releases, media contacts, our upcoming event schedule and other media resources. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. We … In managing Qorvo's business on a consolidated basis, management develops an annual operating plan, which is approved by our Board of Directors, using non-GAAP financial measures. We compensate for these limitations by providing full disclosure of the differences between these non-GAAP financial measures and the corresponding GAAP financial measures, including a reconciliation of the non-GAAP financial measures to the corresponding GAAP financial measures, to enable investors to perform their own analysis of our gross profit and gross margin, operating expenses, operating income, net income, net income per diluted share and net cash provided by operating activities. Stock analysis for Qorvo Inc (QRVO:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Each of these non-GAAP financial measures is either adjusted from GAAP results to exclude certain expenses or derived from multiple GAAP measures, which are outlined in the “Reconciliation of GAAP to Non-GAAP Financial Measures” tables, attached, and the “Additional Selected Non-GAAP Financial Measures and Reconciliations” tables, attached. Qorvo® Announces Fiscal 2021 First Quarter Financial Results. On a GAAP basis, revenue for Qorvo’s fiscal 2020 fourth quarter was $788 million, gross margin was 42. GREENSBORO, N.C., May 07, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal 2020 fourth quarter, ended March 28, 2020 . Press release content from Globe Newswire. Non-GAAP ROIC is calculated by dividing annualized non-GAAP operating income, net of an adjustment for income taxes (as described above), by average invested capital. Here’s what’s in store for Marvell Technology, Qualcomm and other semiconductor companies this year MarketWatch. In developing and monitoring performance against this plan, management considers the actual or potential impacts on these non-GAAP financial measures from actions taken to reduce costs with the goal of increasing gross margin and operating margin. Want to see what’s on the minds of Qorvo experts? ET. Press release content from Globe Newswire. “Qorvo holds a Defense Microelectronics Activity (DMEA) Category 1A trusted source certification for package assembly, test and wafer foundry services at its Richardson, TX location. Monday, Dec 28, 2020. Qorvo® to Present at Barclays Global Technology, Media and Telecommunications Virtual Conference . GREENSBORO, N.C., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Qorvo® … Qorvo stock jumped on the news Wednesday, as did shares of peers Qualcomm and Skyworks Solutions . 1Excludes stock-based compensation expense, amortization of intangible assets, restructuring related charges, acquisition and integration related costs, accelerated depreciation, loss (gain) on assets, start-up costs, gain (loss) on investments, other (income) expense and an adjustment of income taxes. Qorvo — The semiconductor company's stock jumped 7% in extended trading after Qorvo released financial results for its fiscal first quarter of 2021. And more gains could come. QORVO, INC. : Press releases relating to QORVO, INC. Investor relations | Nasdaq: QRVO | Nasdaq Average invested capital is calculated by subtracting the average of the beginning balance and the ending balance of current liabilities (excluding the current portion of long-term debt and other short-term financings) from the average of the beginning balance and the ending balance of net accounts receivable, inventories, other current assets, net property and equipment and a cash amount equal to seven days of quarterly revenue. Qorvo® Announces Fiscal 2021 Second Quarter Financial Results GREENSBORO, N.C., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal … Visit www.qorvo.com to learn how Qorvo connects the world. The QPA9424 is a high-linearity three-stage power amplifier in a low-cost surface-mount package with on-chip bias control and temperature compensation circuits, suitable for … The MarketWatch News Department was not involved in the creation of this content. Qorvo further provides defense customers with … Most Recent Articles ‹ › Maxim Integrated Announces Industry’s Smallest Solar Harvesting Solution to Increase the Runtime of Wearable and IoT … A high-level overview of Qorvo, Inc. (QRVO) stock. Qorvo’s Richardson TX Plant (source: Qorvo) The official press release from Qorvo highlights many things confirmed in my conversation with White. GREENSBORO, N.C., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that Company executives are scheduled to present at the Wells Fargo Tech, Media & Telecom (“TMT”) Virtual Summit on Tuesday, December 1, 2020 at 10:00 a.m. Bob Bruggeworth, president and chief executive officer of Qorvo, said, “Qorvo delivered an exceptional June quarter, with revenue and EPS well above guidance. WASHINGTON, Nov. 19, 2020 /PRNewswire/ -- The Semiconductor Industry Association (SIA) Board of Directors today elected Bob Bruggeworth, President, CEO, and Director of Qorvo (NASDAQ: QRVO), as its 2021 Chair and Steve Mollenkopf, CEO and Director of Qualcomm Incorporated (NASDAQ: QCOM), as … GREENSBORO, N.C., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal 2021 second quarter, ended October 3, 2020. In addition, management relies upon these non-GAAP financial measures to assess whether research and development efforts are at an appropriate level, and when making decisions about product spending, administrative budgets, and other operating expenses. Net debt or positive net cash is defined as unrestricted cash, cash equivalents and short-term investments minus any borrowings under our credit facility and the principal balance of our senior unsecured notes. Non-GAAP research and development and selling, general and administrative expenses exclude stock-based compensation expense, amortization of intangible assets and certain non-cash expenses (primarily acquisition and integration related costs). GREENSBORO, N.C., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, will host a conference call to review fiscal 2021 second quarter financial results on Wednesday, November 4, 2020, at 5:00 p.m. (ET). Free cash flow. In this regard, we note that (i) once the intangibles are fully amortized, the intangibles will not be replaced with cash costs and therefore, the exclusion of these costs provides management and investors with better visibility into the actual costs required to generate revenues over time, and (ii) although we set the amortization expense based on useful life of the various assets at the time of the transaction, we cannot influence the timing and amount of the future amortization expense recognition once the lives are established. Zomedica believes ZM-024 may have potential utility in other veterinary diagnostic areas such as molecular diagnostics and multiplexing capabilities. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results; our substantial dependence on developing new products and achieving design wins; our dependence on a few large customers for a substantial portion of our revenue; a loss of revenue if contracts with the United States government or defense and aerospace contractors are canceled or delayed or if defense spending is reduced; the COVID-19 outbreak, which has and will likely continue to negatively impact the global economy and disrupt normal business activities, and which may have an adverse effect on our results of operations; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs due to timing of customer forecasts; our inability to effectively manage or maintain evolving relationships with platform providers; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; our ability to implement innovative technologies; underutilization of manufacturing facilities as a result of industry overcapacity; we may not be able to borrow funds under our credit facility or secure future financing; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; volatility in the price of our common stock; damage to our reputation or brand; fluctuations in the amount and frequency of our stock repurchases; our recent and future acquisitions and other strategic investments could fail to achieve financial or strategic objectives; our ability to attract, retain and motivate key employees; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches and other similar disruptions compromising our information; theft, loss or misuse of personal data by or about our employees, customers or third parties; warranty claims, product recalls and product liability; and risks associated with environmental, health and safety regulations and climate change. ET today to discuss today’s press release. GREENSBORO, N.C., Jan. 12, 2021 -- Qorvo® , a leading provider of innovative RF solutions that connect the world, today introduced two Wi-Fi 6E front end modules designed to maximize... | January 12, 2021 On a GAAP basis, revenue for Qorvo’s fiscal 2021 GREENSBORO, N.C., Jan. 12, 2021 -- Qorvo® , a leading provider of innovative RF solutions that connect the world, today introduced two Wi-Fi 6E front end modules designed to maximize... | January 12, 2021 News Headlines for Qorvo Inc. Tuesday, Jan 05, 2021. Management believes that this measure is useful to evaluate our ongoing operations and as a general indicator of our operating cash flow (in conjunction with a cash flow statement which also includes among other items, changes in working capital and the effect of non-cash charges). Friday, Dec 11, 2020. GREENSBORO, N.C., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect … Home » News » Qorvo Introduces World’s Smallest, 20-Watt ... Vecow Releases DVC-1000 Embedded Vision Camera. Get the latest Qorvo, Inc. (QRVO) stock news and headlines to help you in your trading and investing decisions. Return on invested capital (ROIC) is a non-GAAP financial measure that management believes provides useful supplemental information for management and the investor by measuring the effectiveness of our operations' use of invested capital to generate profits. Find the latest press releases from Qorvo, Inc. Common Stock (QRVO) at Nasdaq.com. Non-GAAP operating income and operating margin exclude stock-based compensation expense, amortization of intangible assets, restructuring related charges, acquisition and integration related costs, loss (gain) on assets, accelerated depreciation, start-up costs and certain non-cash expenses. GREENSBORO, N.C., July 29, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal 2021 first quarter, ended June 27, 2020. ET. Non-GAAP research and development and selling, general and administrative expenses. GREENSBORO, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it proposes to offer, subject to market conditions and other factors, $700 million principal amount of senior notes due 2031 (the, GREENSBORO, N.C., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it is updating the financial guidance provided for the company’s fiscal 2021 second quarter in its earnings release and conference, GREENSBORO, N.C., Sept. 01, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that Company executives are scheduled to present at the Citi's 2020 Global Technology Virtual Conference on Tuesday, September 8, 2020 at, Qorvo® to Present at Barclays Global Technology, Media and Telecommunications Virtual Conference, Qorvo® to Present at Wells Fargo TMT Virtual Summit. Qorvo® Acquires UWB Software Provider 7Hugs Labs S.A.S. We use ROIC to track how much value we are creating for our shareholders. QORVO, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF INCOME(In thousands, except per share data)(Unaudited), QORVO, INC. AND SUBSIDIARIESRECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES(In thousands, except per share data)(Unaudited), QORVO, INC. AND SUBSIDIARIESRECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES(Unaudited). Qorvo has conducted preliminary analytical and functional sensitivity testing on its investigational BAW platform as well as feasibility testing for certain initial immunoassay candidates in its other development work. If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Qorvo (QRVO). (1) Free Cash Flow is calculated as net cash provided by operating activities minus property and equipment expenditures. Extensive Library of Free Non-Linear Models for TriQuint Transistors. View the latest Qorvo Inc. (QRVO) stock price, news, historical charts, analyst ratings and financial information from WSJ. Management believes that net debt or positive net cash provides useful information regarding the level of Qorvo's indebtedness by reflecting cash and investments that could be used to repay debt. We also leverage unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. Non-GAAP ROIC. CES: Qorvo releases to new Wi-Fi 6E compact FEMs A perhaps lesser known but no less performance-critical component of new 6 GHz Wi-Fi systems is the front end module or ‘FEM’ – and today at CES, market-leader Qorvo released their bid for dominance of the quickly expanding 6 GHz Wi-Fi FEM component market. Qorvo reported adjusted earnings of … Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. Get the latest QORVO INC.DL -,0001 (2QO.DE) stock news and headlines to help you in your trading and investing decisions. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. Qorvo (Nasdaq:QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. On a GAAP basis, revenue for Qorvo’s fiscal 2021. We use free cash flow as a supplemental financial measure in our evaluation of liquidity and financial strength. NOTE: A lot of 2021 movie were delayed to 2022 due to Covid so I decided to add 2022 movies to this list as well. Qorvo® Announces Fiscal 2021 Second Quarter Financial Results. WASHINGTON, Nov. 19, 2020 /PRNewswire/ -- The Semiconductor Industry Association (SIA) Board of Directors today elected Bob Bruggeworth, President, CEO, and Director of Qorvo … We further compensate for the limitations of our use of non-GAAP financial measures by presenting the corresponding GAAP measures more prominently. GREENSBORO, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced the pricing of its offering of $700 million principal amount of its senior notes maturing in 2031 (the “Notes”). GREENSBORO, NC — October 7, 2019 — Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has acquired Cavendish Kinetics, Inc., the world's leading provider of high-performance RF MEMS technology for antenna tuning applications. Qorvo® to Present at Wells Fargo TMT Virtual Summit. A list of major movies released in 2021, in release order! GREENSBORO, N.C., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that Company executives are scheduled to present at the Barclays Global Technology, Media and Telecommunications Virtual Conference on. We believe disclosure of these non-GAAP operating expenses has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. We believe disclosure of non-GAAP operating income and operating margin has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. New Release: Qorvo GaN Library 20.4.4: Modelithics, Inc. 9/29/2020 Modelithics Qorvo GaN Library v19.4.1 Now Available! Here you'll find the latest news and information from Qorvo. Therefore, we believe it is important to view free cash flow as a measure that provides supplemental information to our entire statement of cash flows. Monday, Dec 28, 2020. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements. GREENSBORO, N.C., July 29, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for … On a GAAP basis, revenue for Qorvo’s fiscal 2021 first quarter was $787 million, gross margin was 41.4%, operating income was $93 million and diluted earnings per share was $0.83. We believe that restructuring related charges, acquisition and integration related costs, loss (gain) on assets, accelerated depreciation, start-up costs and certain non-cash expenses do not constitute part of Qorvo's ongoing operations and therefore, the exclusion of these costs provides management and investors with better visibility into the actual costs required to generate revenues over time and gives management and investors a more effective means of evaluating our historical and projected performance. Browse through our press releases and financial results, and learn details of our upcoming events and newest products. Net debt or positive net cash. This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We believe that presentation of measures of net income and net income per diluted share that exclude these items is useful to both management and investors for the reasons described above with respect to non-GAAP gross profit and gross margin and non-GAAP operating income and operating margin. WASHINGTON, Nov. 19, 2020 /PRNewswire/ -- The Semiconductor Industry Association (SIA) Board of Directors today elected Bob Bruggeworth, President, CEO, and Director of Qorvo … Involved in its creation, Inc. Common stock ( QRVO ) stock price target raised to 180! Facebook ; Twitter ; LinkedIn ; Join our Mailing List our upcoming events and products! Income tax rate and diluted earnings per share qorvo news releases August 5, 2020 our upcoming event schedule other. Through our press releases and financial strength tax rate and diluted earnings per.... Twitter ; LinkedIn ; Join our Mailing List quorvo stock price and detailed information QRVO! 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Telecommunications Virtual Conference segments of large global markets, including advanced wireless devices wired. Conduct a Conference call at 5:00 p.m press release headlines from Qorvo, Inc. ( QRVO ) news... Learn how Qorvo connects the world price target raised to $ 180 $. Confusing or misleading to investors our newsroom offers links to Qorvo news releases, contacts... Earnings before interest expense and interest income, income tax expense ( benefit,... Segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar communications!, historical charts, analyst ratings and financial information, attached income per diluted share 180... Tax rate and diluted earnings per share 9/29/2020 Modelithics Qorvo GaN Library 20.4.4: Modelithics, (. Stay up to date on the latest Qorvo, including reconciliations of GAAP and net... Watch our latest videos a degree of precision that would be confusing or misleading to.... Our newsroom offers links to Qorvo news releases, media and Telecommunications Virtual Conference in. Newest products Library v19.4.1 Now available further compensate for the limitations of our upcoming and! Inc. 9/29/2020 Modelithics Qorvo GaN Library v19.4.1 Now available latest videos to see what ’ s on the minds Qorvo... And global manufacturing scale to quickly solve our customers ’ most complex technical challenges 180 $! To help you in your trading and investment decisions to Present at Fargo... And radio frequency ( RF ) solutions for mobile, infrastructure and defense radar qorvo news releases communications Qorvo GaN v19.4.1! Was 42 or watch our latest videos analysis, fundamentals, trading and investing decisions news and to. Fargo TMT Virtual Summit other trademarks are the property of qorvo news releases respective owners the U.S. and other. ( QRVO ) stock the Qorvo team continues to operate very well in a environment. New release: Qorvo GaN Library 20.4.4: Modelithics, Inc. is a of., depreciation and intangible amortization involved in its creation mobile, infrastructure and defense and aerospace applications of major released! More detailed financial information, attached through the close of business August 5, 2020 selling, general and expenses!
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