---
schema_version: "secwatch.filing_event.v1"
accession: "0001604778-23-000027"
form_type: "8-K"
ticker: "QRVO"
cik: "0001604778"
company_name: "Qorvo, Inc."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:48:48.958914+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Qorvo reports Q3 fiscal 2023 revenue $743M, GAAP loss $0.16/share; Q4 guidance weak

## Summary
- Revenue $743M; GAAP gross margin 36.1%, operating income $9M, loss per share $0.16.
- Non-GAAP gross margin 40.9%, operating income $99M, diluted EPS $0.75.
- Q4 guidance: revenue $600-640M, non-GAAP gross margin ~41%, non-GAAP EPS $0.10-$0.15.
- Channel inventories declined in December quarter and expected to continue declining.

## SEC filing metadata
- accession: 0001604778-23-000027
- form_type: 8-K
- ticker: QRVO
- cik: 0001604778
- company_name: Qorvo, Inc.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000027/0001604778-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000027/rfmd-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604778-23-000027
- JSON: https://secwatch.observer/filing/0001604778-23-000027.json
- Plain text: https://secwatch.observer/filing/0001604778-23-000027.txt

## Key facts
- Earnings Releases
  Qorvo, Inc. reported fiscal 2023 third quarter ended December 31, 2022 results: revenue $743 million, EPS $0.16. Guidance initiated.
  - Period: fiscal 2023 third quarter ended December 31, 2022
  - Revenue: $743 million
  - EPS: $0.16
  - Guidance: initiated
  - Result: reported results
  source text: Qorvo ® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s fiscal 2023 third quarter ended December 31, 2022. On a GAAP basis, revenue for Qorvo’s fiscal 2023 third quarter was $743 million, gross margin was 36.1%, operating income was $9 million and loss per share was $0.16.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000027/0001604778-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
