---
schema_version: "secwatch.filing_event.v1"
accession: "0001604778-23-000078"
form_type: "8-K"
ticker: "QRVO"
cik: "0001604778"
company_name: "Qorvo, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T13:40:26.296550+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Qorvo reports FQ1 revenue $651M, GAAP loss per share $0.44; guides Sep Q revenue ~$1B, non-GAAP EPS ~$1.75

## Summary
- Revenue $651M, GAAP gross margin 35.2%, operating loss $48M, loss per share $0.44.
- Non-GAAP gross margin 42.9%, operating income $47M, diluted EPS $0.34.
- Sep Q guidance: revenue ~$1B (±$15M), non-GAAP gross margin 45-46%, non-GAAP diluted EPS ~$1.75.
- Management expects Sep Q revenue up >50% sequentially, driven by content gains at largest customer.
- Booked multi-million-dollar SiC power order for AI servers; multiple design wins in automotive, Wi-Fi 7, and 5G.

## SEC filing metadata
- accession: 0001604778-23-000078
- form_type: 8-K
- ticker: QRVO
- cik: 0001604778
- company_name: Qorvo, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000078/0001604778-23-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000078/rfmd-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604778-23-000078
- JSON: https://secwatch.observer/filing/0001604778-23-000078.json
- Plain text: https://secwatch.observer/filing/0001604778-23-000078.txt

## Key facts
- Earnings Releases
  Qorvo, Inc. reported fiscal 2024 first quarter ended July 1, 2023 results: revenue $651 million, EPS loss per share was $0.44.
  - Period: fiscal 2024 first quarter ended July 1, 2023
  - Revenue: $651 million
  - EPS: loss per share was $0.44
  - Result: reported results
  source text: On a GAAP basis, revenue for Qorvo's fiscal 2024 first quarter was $651 million, gross margin was 35.2%, operating loss was $48 million and loss per share was $0.44.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604778/000160477823000078/0001604778-23-000078-index.htm

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