Qorvo Inc

QRVO: XNAS (USA)
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Qorvo Earnings: Disappointing Fourth-Quarter Forecast, but Gross Margin Outlook Is Encouraging

Qorvo reported fiscal third-quarter revenue of $993 million, up 8% year over year and above the midpoint of guidance. Qorvo’s fourth-quarter revenue guidance of $800 million would represent an 8% year-over-year decline and below FactSet's consensus estimates of just above $900 million.

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