Qorvo, Inc. amended 2031 Supplemental Indenture with the Company, the 2031 Guarantors and Computershare Trust Company, N.A., as trustee (effective 2026-06-11).
“On June 11, 2026, the Company entered into a first supplemental indenture to the 2031 Indenture, dated as of June 11, 2026 (the “2031 Supplemental Indenture” and, together with the 2029 Third Supplemental Indenture, the “Supplemental Indentures”), by and among the Company, the 2031 Guarantors and the Trustee, giving effect to the 2031 Proposed Amendments.”
Material Agreements
Qorvo, Inc. amended 2029 Third Supplemental Indenture with the Company, the 2029 Guarantors and Computershare Trust Company, N.A., as trustee (effective 2026-06-11).
“On June 11, 2026, the Company entered into a third supplemental indenture to the 2029 Indenture, dated as of June 11, 2026 (the “2029 Third Supplemental Indenture”), by and among the Company, the 2029 Guarantors and the Trustee, giving effect to the 2029 Proposed Amendments.”
Earnings Releases
Qorvo, Inc. reported fiscal 2026 fourth quarter ended March 28, 2026 results: revenue $808.3 million, EPS $0.32.
“On a GAAP basis, revenue for Qorvo's fiscal 2026 fourth quarter was $808.3 million, gross margin was 48.9%, operating income was $31.5 million, and diluted earnings per share was $0.32.”
Governance Changes
Qorvo, Inc.: Amended and Restated Bylaws to allow stockholders holding at least 25% voting power to call special meetings (effective 2025-05-16).
“At a meeting of the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) held on May 16, 2025, the Board approved and adopted, effective as of May 16, 2025, the Third Amended and Restated Bylaws of the Company (the “Amended and Restated Bylaws”).”
Peter Feld was appointed as Director at Qorvo, Inc..
“include Peter Feld as one of the Company’s director nominees in the Company’s proxy statement for the Company’s 2025 annual meeting of stockholders”
David H. Y. Ho resigned as Director at Qorvo, Inc..
“David H. Y. Ho, a member of the Board, notified the Company of his decision to resign from the Board.”
Chris Koopmans was appointed as Director at Qorvo, Inc..
“the Board increased the size of the Board to 9 members and appointed Richard L. Clemmer and Chris Koopmans to the Board, effective immediately.”
Richard L. Clemmer was appointed as Director at Qorvo, Inc..
“the Board increased the size of the Board to 9 members and appointed Richard L. Clemmer and Chris Koopmans to the Board, effective immediately.”
David H.Y. Ho retired as Director at Qorvo, Inc..
“On January 3, 2025, David H.Y. Ho, a member of the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) informed the Company of his decision not to stand for reelection and to retire from the Board upon the expiration of his term at the Company’s 2025 Annual Meeting of Stockholders.”
Alan S. Lowe was elected as Director at Qorvo, Inc..
“On November 11, 2024, the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) elected Mr. Alan S. Lowe to the Board, effective immediately.”
Earnings Releases
Qorvo, Inc. reported fiscal 2024 fourth quarter ended March 30, 2024 results: revenue $941 million, EPS $0.03.
“On a GAAP basis, revenue for Qorvo's fiscal 2024 fourth quarter was $941 million, gross margin was 40.6%, operating income was $30 million, and diluted earnings per share was $0.03.”
Debt Financings
Qorvo, Inc. incurred revolving credit of $325.0 million senior revolving line of credit with Bank of America, N.A., as administrative agent at Term SOFR plus Applicable Rate ranging from 1.000% to 1.750% per annum maturing April 23, 2029.
“The Credit Agreement provides for a $325.0 million senior revolving line of credit (the “Revolving Facility”).”
Material Agreements
Qorvo, Inc. entered into Credit Agreement with Bank of America, N.A., as administrative agent, swing line lender and letter of credit issuer, and a syndicate of lenders valued at $325.0 million (effective 2024-04-23).
“On April 23, 2024, Qorvo, Inc. (the “Company”) entered into a five-year unsecured senior credit facility pursuant to a credit agreement with Bank of America, N.A., as administrative agent (in such capacity, the “Administrative Agent”), swing line lender and letter of credit issuer, and a syndicate of lenders (the “Credit Agreement”).”
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.
“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.”
Dr. Walden C. Rhines was appointed as Chair of the Board and Lead Independent Director at Qorvo, Inc..
“The Board has named Dr. Walden C. Rhines as the new Chair of the Board and Lead Independent Director.”
Ralph G. Quinsey departed as Director at Qorvo, Inc..
“Ralph G. Quinsey, Chairman of the Board of Directors ("the Board") of Qorvo, Inc. (the "Company") informed the Company of his decision not to stand for reelection and to retire from the Board upon the expiration of his term at the Company's 2024 Annual Meeting of Stockholders.”
Ralph G. Quinsey changed role as Chairman of the Board and Lead Independent Director at Qorvo, Inc..
“Mr. Quinsey also informed the Board that he would step down as Chair and Lead Independent Director as of November 13.”
Earnings Releases
Qorvo, Inc. reported fiscal 2024 second quarter ended September 30, 2023 results: revenue $1.103 billion, EPS $0.99.
“On a GAAP basis, revenue for Qorvo’s fiscal 2024 second quarter was $1.103 billion, gross margin was 44.4%, operating income was $151 million and diluted earnings per share was $0.99.”
Shareholder Votes
Qorvo, Inc. shareholders approved Ratification of Ernst & Young LLP as independent auditor at the 2023-08-15 meeting.
“Stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm”
Shareholder Votes
Qorvo, Inc. shareholders approved Advisory vote on executive compensation at the 2023-08-15 meeting.
“Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers”
Shareholder Votes
Qorvo, Inc. shareholders approved Election of nine directors at the 2023-08-15 meeting.
“Stockholders elected each of the nine directors below to serve a one-year term”
Earnings Releases
Qorvo, Inc. reported fiscal 2024 first quarter ended July 1, 2023 results: revenue $651 million, EPS loss per share was $0.44.
“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.”
Material Agreements
Qorvo, Inc. amended Second Amendment with Bank of America, N.A., as administrative agent, swing line lender and L/C issuer and a syndicate of lenders valued at $300.0 million (effective 2023-06-23).
“On June 23, 2023, Qorvo, Inc. (the “Company”) entered into a second amendment (the “Second Amendment”) to the existing amended and restated credit agreement between the Company, certain material domestic subsidiaries of the Company, Bank of America, N.A., as administrative agent, swing line lender and L/C issuer and a syndicate of lenders providing for a senior revolving line of credit of up to $300.0 million (the “Credit Agreement”).”
Earnings Releases
Qorvo, Inc. reported the fiscal 2023 fourth quarter ended April 1, 2023 results: revenue $633 million, net income operating loss was $189 million and loss per share was $1.39, EPS (loss per share) was $1.39.
“On a GAAP basis, revenue for Qorvo’s fiscal 2023 fourth quarter was $633 million, gross margin was 18.1%, operating loss was $189 million and loss per share was $1.39.”
Earnings Releases
Qorvo, Inc. reported fiscal 2023 third quarter ended December 31, 2022 results: revenue $743 million, EPS $0.16. Guidance initiated.
“Qorvo ® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s fiscal 2023 third quarter ended December 31, 2022. On a GAAP basis, revenue for Qorvo’s fiscal 2023 third quarter was $743 million, gross margin was 36.1%, operating income was $9 million and loss per share was $0.16.”
Governance Changes
Qorvo, Inc.: Adopted second amended and restated bylaws updating director nomination procedures, contested election definition, chairman authority, DGCL conformity, and other clarifications (effective 2022-11-09).
“On November 9, 2022, the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) adopted the second amended and restated bylaws of the Company (the “Restated Bylaws”). The following description of the Restated Bylaws does not purport to be complete and is qualified in its entirety by reference to the Restated Bylaws, a copy of which is filed hereto as Exhibit 3.1 and is incorporated herein by reference.”
Earnings Releases
Qorvo, Inc. reported the Company’s fiscal 2023 second quarter ended October 1, 2022 results: revenue $1.158 billion, net income $188.6, EPS $1.82. Guidance initiated.
“today announced financial results for the Company’s fiscal 2023 second quarter ended October 1, 2022. On a GAAP basis, revenue for Qorvo’s fiscal 2023 second quarter was $1.158 billion, gross margin was 46.5%, operating income was $262 million and diluted earnings per share was $1.82. On a non-GAAP basis, gross margin was 49.2%, operating income was $338”
Grant A. Brown was appointed as Chief Financial Officer at Qorvo, Inc..
“On August 26, 2022, the Board of Directors (the “Board”) of Qorvo, Inc. (the “Company”) appointed Grant A. Brown as Chief Financial Officer of the Company, effective August 29, 2022.”
Grant A. Brown was appointed as interim Chief Financial Officer at Qorvo, Inc..
“The Company’s Board of Directors appointed Grant A. Brown, the Company’s Vice President of Treasury, to serve as the Company’s interim Chief Financial Officer effective April 18, 2022.”
Mark J. Murphy resigned as Chief Financial Officer at Qorvo, Inc..
“On April 1, 2022, Mark J. Murphy provided notice of his decision to resign as Chief Financial Officer of Qorvo, Inc. (the “Company”), effective April 18, 2022.”
James L. Klein retired as other_named_officer at Qorvo, Inc..
“Mr. Chesley succeeds James L. Klein, who previously announced his intention to retire from the Company.”
Philip Chesley was appointed as President of Infrastructure & Defense Products segment at Qorvo, Inc..
“On November 3, 2021, Qorvo, Inc. (the “Company”) announced the appointment of Philip Chesley, age 50, as President of the Company’s Infrastructure & Defense Products segment, effective November 1, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.