Qorvo Inc

QRVO: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Qorvo Earnings: Strong Revenue Guidance With Content Gains at Apple; Shares Fairly Valued

Qorvo reported fiscal first-quarter revenue that was down 6% sequentially and down 8% year over year but above the high end of guidance. Qorvo expects September-quarter revenue to be down only 2% year over year, up 25% sequentially, and ahead of FactSet consensus estimates.

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