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"Shares of wireless chip maker Qorvo (QRVO) are down $6.88, or 11%, at $54.57, after the company yesterday afternoon easily beat fiscal Q1 estimates and topped with its revenue outlook as well, but warned that the mix of parts it is selling is bringing in less gross profit than might have been expected.Shares of competitor Skyworks Solutions (SWKS) are down 42 cents, or 0.7%, at $65.62.Qualcomm (QCOM) is down 30 cents, or half a percent, at $60.90.The fact that Qorvo is a big supplier to Apple (AAPL), and is perceived to be a big participant in the next iPhone, presumably and “iPhone 7” coming out next month, adds intrigue to the whole matter.Zeroing in on the Apple implications, Maynard Um with Wells Fargo, who has an Outperform rating on Apple stock, thinks Qorvo may be pointing to a one week of iPhone availability earlier than might have been thought:", blogs.barrons.com
"Qorvo Inc. (NASDAQ:QRVO) had its target price hoisted by equities research analysts at MKM Partners from $64.00 to $70.00 in a note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. MKM Partners’ target price suggests a potential upside of 13.91% from the stock’s current price. Shares of Qorvo […]", www.com-unik.info
"Qorvo Inc. (NASDAQ:QRVO) released its earnings results on Tuesday. The company reported $1.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.05 by $0.03. Shares of Qorvo (NASDAQ:QRVO) traded down 3.18% during midday trading on Tuesday, hitting $61.45. The company had a trading volume of 2,762,150 shares. Qorvo has a 12 […]", baseballnewssource.com
"Shares of wireless chip vendor Qorvo (QRVO) are down $2.94, or 5%, at $58.51, in late trading, despite the company this afternoon reporting fiscal Q1 revenue that easily topped analysts’ expectations, and forecasting much higher revenue this quarter as well. Revenue int he three months ended in June rose almost 4%, year over year, to $698.5 million, yielding EPS […]", blogs.barrons.com
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