secwatch.observer — SEC 8-K summary
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Issuer:     Qorvo, Inc. (QRVO)
CIK:        0001604778
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000950103-25-013685
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Qorvo and Skyworks to merge in ~$22B deal; Qorvo preliminary Q2 revenue $1.06B beats guidance
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- Definitive agreement to combine with Skyworks (SWKS) in cash-and-stock transaction valued at ~$22B enterprise value.
- Preliminary FQ2 revenue $1,058.5M vs guidance midpoint $1,025M; non-GAAP EPS $2.22 vs guidance $2.00 midpoint.
- GAAP net income $119.6M ($1.28 diluted EPS); non-GAAP net income $208.3M ($2.22 diluted EPS).
- Non-GAAP gross margin 49.7%, within prior guidance of 48%-50%.
- Joint conference call today at 8:00 AM ET to discuss merger; final Q2 results to be reported Nov 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604778/000095010325013685/0000950103-25-013685-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604778/000095010325013685/dp236357_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-013685

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer