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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (92738)7/30/2024 9:06:30 PM
From: Return to Sender  Read Replies (1) | Respond to of 95383
 
Qorvo beats by $0.16, beats on revs; guides Q2 EPS in-line, revs in-line

4:06 PM ET 7/30/24 | Briefing.com

Reports Q1 (Jun) earnings of $0.87 per share, excluding non-recurring items, $0.16 better than the FactSet Consensus of $0.71; revenues rose 36.2% year/year to $886.7 mln vs the $851.95 mln FactSet Consensus. Co issues in-line guidance for Q2, sees EPS of $1.75-1.95, excluding non-recurring items, vs. $1.82 FactSet Consensus; sees Q2 revs of ~$1.025 bln, plus or minus $25 mln vs. $1.02 bln FactSet Consensus.Non-GAAP gross margin between 46% and 47%