Welcome to our dedicated page for Qorvo news (Ticker: QRVO), a resource for investors and traders seeking the latest updates and insights on Qorvo stock.
Qorvo Inc (NASDAQ: QRVO) - a global leader in radio frequency solutions - powers connectivity across smartphones, defense systems, and network infrastructure. This dedicated news hub provides investors and industry professionals with essential updates on the company's strategic developments.
Track all official Qorvo press releases and curated news coverage in one centralized location. Our repository ensures timely access to critical information including quarterly earnings, technology innovations, and market expansion initiatives that shape the semiconductor landscape.
Key coverage areas include RF product launches, 5G infrastructure developments, defense sector contracts, and strategic partnerships. Stay informed about Qorvo's role in enabling next-generation wireless communications through their cutting-edge filters, power amplifiers, and integrated modules.
Bookmark this page for continuous updates on Qorvo's business milestones and technological advancements. Monitor how QRVO's solutions address evolving demands in mobile connectivity, aerospace systems, and global network deployments.
Qorvo (QRVO) reported fiscal Q2 2021 results with revenue at $1.06 billion and a gross margin of 46.4%, marking a 5% increase from the prior quarter. Non-GAAP diluted EPS reached $2.43, up from $1.50, driven by diversified customer strength and technology upgrades, particularly in 5G and Wi-Fi 6. The company forecasted steady demand into the December quarter, projecting non-GAAP diluted EPS of $2.65 and a gross margin of 52.5%. Strategic initiatives included the acquisition of 7Hugs Labs for ultra-wideband solutions and growth in power management products.
Qorvo (Nasdaq: QRVO) has announced a conference call to review its fiscal 2021 second quarter financial results on November 4, 2020, at 5:00 p.m. ET. The call will be accessible via its website, with a playback available afterward until November 11, 2020. Financial results will be disclosed around 4:00 p.m. ET on the same day. The company emphasizes its role in providing innovative RF solutions for connectivity across various sectors, including advanced wireless devices and 5G networks.
Qorvo (Nasdaq:QRVO) announced that over a dozen device manufacturers are implementing its Ultra-Wideband (UWB) technology for proximity awareness applications, crucial for social distancing and contact tracing. UWB provides centimeter-level location accuracy, supporting industries like healthcare and logistics. The company has shipped over 8 million UWB chipsets across 40 markets. Qorvo aims to expand UWB's applications for asset tracking and indoor navigation, highlighting its role in safe workplace reopening. This technology is expected to enhance overall safety and efficiency in various sectors.
Qorvo (Nasdaq: QRVO) announced the pricing of $700 million in senior notes maturing in 2031, with a 3.375% interest rate. The offering is set to close around September 29, 2020, pending customary closing conditions. Proceeds will be used to redeem outstanding 5.50% senior notes due 2026. The notes will be issued to qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S of the Securities Act. These senior unsecured obligations will be guaranteed by Qorvo's wholly-owned U.S. subsidiaries.
Qorvo (Nasdaq: QRVO) announced plans to offer $700 million in senior notes due 2031 to qualified institutional buyers, subject to market conditions. The proceeds will be used to redeem all outstanding 5.50% senior notes due 2026. These notes will be senior unsecured obligations and initially guaranteed by Qorvo’s subsidiaries. The offering will not be registered under the Securities Act, and therefore cannot be sold in the U.S. without registration or exemption.
Qorvo (Nasdaq: QRVO) announced that its executives will present at Citi's 2020 Global Technology Virtual Conference on September 8, 2020, at 5:10 p.m. ET. A live webcast of the event will be available on Qorvo's website under the 'Investors' section.
As a leading provider of RF solutions, Qorvo focuses on connectivity technology for diverse sectors, including 5G networks and the Internet of Things. The company emphasizes its commitment to address complex technical challenges in a rapidly evolving market.
Qorvo (Nasdaq: QRVO) has extended its registered exchange offer for $850 million of 4.375% Senior Notes due 2029 until August 21, 2020. The initial offer, set to expire on August 13, saw approximately 99.7% of the notes tendered for exchange. This exchange is part of regulatory compliance following an exemption from the Securities Act. All other terms of the exchange remain unchanged. Qorvo provides innovative RF solutions and serves various sectors, including wireless devices and defense communications.
Qorvo (Nasdaq: QRVO) will host a conference call on July 29, 2020, at 5:00 p.m. ET to discuss its fiscal 2021 first quarter financial results. The call will be accessible via the company's website. Financial results will be released at 4:00 p.m. ET on the same day. Qorvo specializes in Radio Frequency (RF) solutions and serves various sectors, including advanced wireless devices and defense communications. The company emphasizes its role in advancing technologies like 5G and IoT, aiming to connect the world effectively.
Qorvo (Nasdaq: QRVO) announced that Custom MMIC, acquired in February, received the 4-Star Supplier Excellence Award from Raytheon Technologies for 2019 performance, marking the fourth consecutive year of recognition. This award highlights the company's commitment to quality, on-time delivery, and continuous improvement. Custom MMIC contributes advanced Gallium Arsenide and Gallium Nitride technologies, enhancing Qorvo's RF and millimeter wave product portfolio for critical applications including defense radar and satellite communications.
