---
schema_version: "secwatch.filing_event.v1"
accession: "0001604778-24-000012"
form_type: "8-K"
ticker: "QRVO"
cik: "0001604778"
company_name: "Qorvo, Inc."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T13:34:05.075772+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Qorvo beats Q3 fiscal 2024 guidance; revenue $1.074B up 44% YoY, non-GAAP EPS $2.10

## Summary
- GAAP operating loss of $42M and loss per share $1.31; non-GAAP operating income $237M, diluted EPS $2.10.
- Revenue $1.074B, exceeding high-end of guidance by $49M and up 44% YoY.
- Record quarterly cash flow from operations of $493M and free cash flow $467M.
- Signed definitive agreement to acquire Anokiwave for intelligent active array antennas.
- March quarter guidance: revenue ~$925M, non-GAAP gross margin ~42%, non-GAAP EPS ~$1.20.

## SEC filing metadata
- accession: 0001604778-24-000012
- form_type: 8-K
- ticker: QRVO
- cik: 0001604778
- company_name: Qorvo, Inc.
- filed_at: 2024-01-31T23:59:59+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/1604778/000160477824000012/0001604778-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604778/000160477824000012/rfmd-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604778-24-000012
- JSON: https://secwatch.observer/filing/0001604778-24-000012.json
- Plain text: https://secwatch.observer/filing/0001604778-24-000012.txt

## Key facts
- Earnings Releases
  Qorvo, Inc. reported fiscal 2024 third quarter ended December 30, 2023 results: revenue $1.074 billion, EPS $1.31 per share. Guidance initiated.
  - Period: fiscal 2024 third quarter ended December 30, 2023
  - Revenue: $1.074 billion
  - EPS: $1.31 per share
  - Guidance: initiated
  - Result: reported results
  source text: On a GAAP basis, revenue for Qorvo’s fiscal 2024 third quarter was $1.074 billion, gross margin was 36.1%, operating loss was $42 million, and loss per share was $1.31.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1604778/000160477824000012/0001604778-24-000012-index.htm

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