secwatch.observer — SEC 8-K summary
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Issuer:     Qorvo, Inc. (QRVO)
CIK:        0001604778
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001604778-25-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Qorvo beats FQ3 guidance; revenue $916M, non-GAAP EPS $1.61; guides FQ4 rev ~$850M
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- GAAP revenue $916.3M, GAAP diluted EPS $0.43; non-GAAP diluted EPS $1.61, exceeding midpoint of guidance.
- Non-GAAP gross margin 46.5%; operating income $177.9M.
- Largest customer ~50% of sales; HPA segment record Defense & Aerospace quarterly revenue.
- Subsequent to quarter, divested SiC business; expects actions to support high-40%'s gross margin in F2026 strong quarters.
- FQ4 2025 guidance: revenue ~$850M +/- $25M, non-GAAP gross margin 43%-44%, non-GAAP EPS $0.90-$1.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604778/000160477825000011/0001604778-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604778/000160477825000011/rfmd-20250128.htm
  HTML page:      https://secwatch.observer/filing/0001604778-25-000011

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