earnings
confidence high
sentiment negative
materiality 0.75
Qorvo Q2 rev $1.047B, non-GAAP EPS $1.88; Dec Q guidance ~$900M rev, full-year slightly down
Qorvo, Inc.
2025-Q2 EPS
reported -$0.18
vs consensus $0.62
▼ miss
(-129.2%)
- GAAP revenue $1.047B, GAAP loss per share $0.18; non-GAAP diluted EPS $1.88, gross margin 47%.
- Non-GAAP operating income $212.2M (up from GAAP $9.7M on restructuring and amortization).
- December quarter guidance: revenue ~$900M (±$25M), non-GAAP gross margin ~45%, EPS $1.10–$1.30.
- Full-year fiscal 2025 revenue and gross margin expected slightly down vs fiscal 2024 due to unfavorable product mix shift in Android 5G.
- Company initiating factory consolidation and operating expense reductions to align with profitability targets.