secwatch.observer — SEC 8-K summary
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Issuer:     Qorvo, Inc. (QRVO)
CIK:        0001604778
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001604778-24-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Qorvo reports Q4 FY2024 revenue $941M, up 49% YoY; non-GAAP EPS $1.39; guides June qtr rev ~$850M
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- GAAP revenue $941M (+49% YoY); GAAP EPS $0.03; non-GAAP diluted EPS $1.39.
- Non-GAAP gross margin 42.5%; operating income $147M.
- Completed acquisition of Anokiwave for intelligent active array antennas.
- June quarter guidance: revenue ~$850M, non-GAAP gross margin 40-41%, non-GAAP EPS $0.60-$0.80.
- Fiscal 2025: expects modest revenue growth and margin improvement vs fiscal 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604778/000160477824000027/0001604778-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604778/000160477824000027/rfmd-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001604778-24-000027

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