Chipmaker Qorvo said on Monday it will nominate activist investor Starboard Value's managing member Peter Feld to its board, ending a boardroom battle as the Apple supplier's stock shows signs of recovery.
GREENSBORO, N.C., May 19, 2025 (GLOBE NEWSWIRE) -- Qorvo® (NASDAQ: QRVO), a leading global provider of connectivity and power solutions, today announced that its Board of Directors (the “Board”) has resolved to increase the size of the Board from nine to ten directors and to include Peter Feld as one of the Company's director nominees in its proxy statement for the Company's 2025 Annual Meeting...
Qorvo reported strong growth in non-cell phone markets and significant content increases in upcoming iPhones, replacing Qualcomm components, and boosting RF suppliers' prospects. Qorvo's quarterly revenue hit $869 million with non-GAAP earnings of $1.42, surpassing expectations, and the stock price surged nearly 15% post-announcement. Key growth areas include double-digit revenue increases in C...
Qorvo, Inc. (NASDAQ:QRVO ) Q4 2025 Earnings Conference Call April 29, 2025 4:30 PM ET Company Participants Douglas DeLieto - VP of IR Bob Bruggeworth - CEO Grant Brown - SVP and CFO Frank Stewart - SVP and President of Advanced Cellular Dave Fullwood - SVP of Sales & Marketing Philip Chesley - SVP and President of High Performance Analog Eric Creviston - SVP and President of Connectivity & Sens...
GREENSBORO, N.C., April 29, 2025 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 fourth quarter ended March 29, 2025.
Qorvo, Inc. is expected to report fiscal Q4 results on April 29th, with analysts predicting $1.00 adjusted EPS and $850.5m in sales. Key focus areas include the Advanced Cellular group and High-Performance Analog segment, with particular attention to Apple's performance and Android market recovery. The company's dependence on Apple and the uncertain economic outlook pose risks, especially if gr...
Susquehanna's Christopher Rolland expects semiconductor stocks to get hit coming and going, as Trump's tariffs take their toll on imports and exports.
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