secwatch.observer — SEC 8-K summary
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Issuer:     Qorvo, Inc. (QRVO)
CIK:        0001604778
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001604778-23-000027
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604778/000160477823000027/0001604778-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604778/000160477823000027/rfmd-20230201.htm
  HTML page:      https://secwatch.observer/filing/0001604778-23-000027

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