QRVO

It has been about a month since the last earnings report for Qorvo (QRVO). Shares have added about 6.3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Qorvo due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Qorvo, Inc. before we dive into how investors and analysts have reacted as of late. Qorvo Beats Q1 Earnings Estimates Despite Lower Y/Y Revenues Qorvo reported strong first-quarter fiscal 2027 results, with both adjusted earnings and revenues surpassing the Zacks Consensus Estimate.During the quarter, lower smartphone-related revenues weighed on the company’s overall sales. However, solid growth in the High-Performance Analog business, along with disciplined cost management, helped improve profitability and margins.Net IncomeOn a GAAP basis, the company reported a net income of $85.8 million or 96 cents per share compared with $25.6 million or 27 cents per share in the prior-year quarter. Despite lower net sales, lower cost of goods sold boosted the bottom line during the quarter.Non-GAAP net income was $146.6 million or $1.64 per share compared with $86.5 million or 92 cents per share in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of $1.10 per share.RevenuesNet sales during the quarter declined to $784.8 million from $818.8 million in the prior-year quarter, primarily due to soft demand in the Advanced Cellular Group segment. The top line beat the Zacks Consensus Estimate of $745.8 million. Segmental PerformanceThe High-Performance Analog segment contributed $206.3 million in revenues, up from $137.4 million in the year-ago quarter, reflecting continued strength across its diversified portfolio, including defense and aerospace applications.Revenues from the Connectivity and Sensors Group segment were $101.9 million compared with $110.2 million in the year-earlier quarter. Net sales in the Advanced Cellular Group segment were $476.6 million, down 16.6% year over year due to weaker demand from certain smartphone customers and changes in product mix.Other DetailsNon-GAAP gross profit was $414.3 million compared with $360 million in the year-ago quarter, with respective margins of 52.8% and 44%. Non-GAAP operating expenses decreased to $236.6 million from $251.8 million a year ago. Non-GAAP operating income was $177.6 million compared with $108.2 million in the year-ago quarter.Cash Flow & LiquidityAs of June 27, 2026, QRVO had $1.33 billion in cash and cash equivalents and $1.55 billion of long-term debt. During the first quarter of fiscal 2027, the company generated $139.5 million in cash from operations compared with $182.9 million in the year-earlier quarter. Since the earnings release, investors have witnessed a upward trend in fresh estimates. At this time, Qorvo has a average Growth Score of C, a grade with the same score on the momentum front. However, the stock was allocated a score of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Qorvo has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qorvo, Inc. (QRVO) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Qorvo Inc. QRVO delivered a better-than-expected first quarter for fiscal 2027, offering investors fresh evidence that the company's profitability profile is improving even as smartphone demand remains under pressure. While revenues declined from a year ago, stronger margins, disciplined cost management and a more diversified business mix helped the company exceed earnings expectations.The latest results suggest Qorvo's investment story is increasingly centered on operational execution rather than simply waiting for a recovery in the mobile market. Qorvo reported adjusted earnings of $1.64 per share, comfortably ahead of the Zacks Consensus Estimate of $1.10. Revenues of $784.8 million also topped the consensus expectation of $745.8 million, despite declining from $818.8 million in the year-ago quarter. Qorvo, Inc. price-consensus-chart | Qorvo, Inc. Quote The year-over-year revenue decline primarily reflected weaker demand in the Advanced Cellular Group, where smartphone-related sales remained soft. Even so, profitability improved substantially. Non-GAAP earnings increased 78% from the prior-year quarter as higher gross margins and disciplined operating execution more than offset lower sales. The ability to generate stronger earnings during a period of weaker mobile demand highlights an important shift in Qorvo's operating model. Rather than relying entirely on revenue growth, the company is demonstrating that better business mix and cost discipline can support earnings growth even in a challenging demand environment. The High-Performance Analog ("HPA") segment was the standout performer during the quarter. HPA revenue increased 50.1% year over year to $206.3 million, supported by continued strength across defense, aerospace, infrastructure and power applications. Management also highlighted double-digit revenue growth in defense, infrastructure and power markets while noting successful higher-value product placements within the Advanced Cellular Group. This diversification is becoming increasingly important for earnings quality. While competitors such as Skyworks Solutions, Inc. SWKS remain closely tied to smartphone demand, Qorvo is gradually building a more balanced portfolio across industrial and infrastructure markets. The company also competes with Broadcom Inc. AVGO, whose broader semiconductor exposure has long helped reduce dependence on any single end market. Qorvo's strategy reflects a similar effort to broaden its long-term earnings base. The strongest takeaway from the quarter may be the continued expansion in profitability. Non-GAAP gross margin improved to 52.8% from 44.0% a year earlier, while non-GAAP operating expenses declined to $236.6 million from $251.8 million. Non-GAAP operating income rose to $177.6 million, compared with $108.2 million in the prior-year quarter. Management expects this trend to continue. The company reaffirmed its expectation for non-GAAP gross margin above 50% during fiscal 2027 and said it is improving business mix, reducing capital intensity and structurally enhancing profitability. It also increased its expectation for fiscal 2027 non-GAAP earnings to above $7.00 per share. These developments suggest operating efficiency is becoming a more meaningful investment theme than short-term revenue fluctuations, particularly while smartphone demand remains uneven. Despite the encouraging operational performance, investors still face several sources of uncertainty. The pending Skyworks Solutions transaction has prompted management to discontinue quarterly conference calls and forward-looking guidance until the transaction process is completed. That limits visibility into near-term operating trends and makes it more difficult for investors to assess future quarterly performance. The company also remains exposed to smartphone demand, customer concentration, macroeconomic uncertainty and geopolitical developments. Advanced Cellular Group still represented 60.7% of first-quarter revenues, underscoring that mobile devices continue to play a central role in Qorvo's business despite ongoing diversification efforts.  As a result, improving operations are being balanced by external uncertainties that could continue influencing investor sentiment. Following the earnings release, Qorvo carries a Zacks Rank #2 (Buy) along with a Value Score of A, Momentum Score of A, Growth Score of C and an overall VGM Score of A. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The favorable Zacks Rank and Style Scores reinforce the company's improving earnings momentum and suggest that valuation and recent price performance remain supportive. The VGM Score is particularly noteworthy because it combines value, growth and momentum characteristics into a single measure, complementing the Zacks Rank in identifying fundamentally attractive stocks. Even after a strong earnings report, however, investors should continue monitoring the operational and transaction risks that remain. The latest quarter demonstrated that Qorvo can expand margins and grow earnings despite softer smartphone demand, but sustained execution and greater visibility following the pending transaction will likely determine whether that profitability story continues to strengthen. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qorvo, Inc. (QRVO) : Free Stock Analysis Report Skyworks Solutions, Inc. (SWKS) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Skyworks Solutions stock has seen a steep share price decline over the past few years, yet the current checks suggest it is neither obviously cheap nor extremely stretched on intrinsic value. The Discounted Cash Flow (DCF) estimate lines up close to the market price, while broader valuation checks and market multiples point to a stock that does not screen as a clear bargain. Over the past 5 years, Skyworks Solutions shares have declined 62.2%, which puts a spotlight on whether the current price now fairly reflects the company’s prospects. Recent progress toward a merger with Qorvo and new product launches for AI focused network synchronizers can support long term cash flow expectations. At the same time, the plan to raise around US$2b in acquisition debt and execute a large buyback introduces balance sheet and capital allocation risks that matter for valuation. Skyworks Solutions passes only 1 out of 6 valuation checks, which leans more toward the stock looking expensive than like a clear value opportunity on the broader metrics. For investors, the debate is whether Skyworks Solutions at around US$61 per share offers enough compensation for its recent track record and deal related risks when the intrinsic value estimate is close to the current price. Find out why Skyworks Solutions' -10.6% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) approach here looks at the cash Skyworks Solutions can generate for shareholders over time and discounts it back to today. On this model, the latest twelve-month free cash flow is about $480 million, with analysts assuming that cash flows keep growing from this base rather than shrinking. Those projections translate to an intrinsic value of about $59 per share, which is close to the recent market price near $61. That implies Skyworks Solutions appears only slightly overvalued by roughly 2.9% on this cash flow view, so the stock does not stand out as either a bargain or a clear excess. Because the planned Qorvo merger involves roughly $2 billion of new debt and a large buyback, the narrow gap between price and the DCF estimate leaves limited room for error if the combined company falls short of these cash flow expectations. Overall, Skyworks Solutions appears roughly fairly valued on the DCF numbers, with the share price sitting only a touch above the modelled intrinsic value. Skyworks Solutions is fairly valued according to our Discounted Cash Flow (DCF), but this can change at a moment's notice. Track the value in your watchlist or portfolio and be alerted on when to act. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Skyworks Solutions. P/E is a useful cross check for Skyworks Solutions because earnings remain a key focus for many investors in semiconductors. On this measure, Skyworks Solutions currently trades on a P/E of about 31.7x. That sits below the broader semiconductor industry average of roughly 53.6x, yet modestly above the peer group average near 29.7x. A tailored fair P/E for Skyworks Solutions, which blends its growth profile, margins, size and risk factors, is estimated at about 28.0x. The current 31.7x level therefore represents a premium to this fair ratio, even if it does not look extreme against some higher multiple semiconductor stocks. For investors weighing the Qorvo merger, the P/E suggests the market is already assigning some value to the combined earnings story rather than treating the stock as clearly mispriced. On this earnings multiple, Skyworks Solutions stock appears overvalued relative to its modelled fair P/E. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for Skyworks Solutions pick up where the valuation checks leave off. They set out the specific assumptions about Skyworks Solutions' future growth, margins and earnings that would need to hold for the stock to be worth materially more or less than today's price, and they sit on the company's Community page. Where a single ratio or model gives one figure, these narratives unpack the future it relies on so you can watch how closely reality matches it. One of the top community narratives on Skyworks Solutions: 17% undervalued Read one of the top narratives on Skyworks Solutions Do you think there's more to the story for Skyworks Solutions? Head over to our Community to see what others are saying! For Skyworks Solutions, the Discounted Cash Flow (DCF) view and the P/E signal broadly point in the same direction. The intrinsic value estimate sits close to the current price, while the tailored P/E suggests the stock trades on a premium multiple rather than a discount. Broader valuation checks remain weak, so the burden of proof now sits with the Qorvo merger plan and future cash generation. The key question is whether the combined business can deliver the earnings and free cash flow needed to justify paying up from here instead of waiting for either clearer execution or a more straightforward discount. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SWKS. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Qorvo shares have fallen 54.0% over the past five years, yet current checks suggest the stock now sits close to its estimated intrinsic value, with market multiples hinting at some undervaluation. That mix leaves Qorvo looking neither like an obvious bargain nor clearly overpriced at the recent US$89.50 close. The 54.0% share price decline over five years means long term holders have absorbed a sizeable drawdown that frames how cautious many investors may feel today. Future cash flow delivery from Qorvo's product portfolio can support the valuation, while any pressure on margins or a need for heavier investment could limit how much value investors are willing to place on those cash flows. The stock appears undervalued on earnings multiples, but the broader checks, with Qorvo scoring 4 out of 6 on value, point to a mixed picture rather than a clear green or red flag. The stock's next move may depend on whether Qorvo's current price offers enough margin of safety relative to its intrinsic value estimate and the assessment from market multiples. Find out why Qorvo's 7.1% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model here is based on Qorvo's projected free cash flows to shareholders. Qorvo generated about $643 million in free cash flow over the latest twelve months, and the model assumes these cash flows continue to grow rather than shrink over the coming years. Based on that set of cash flow projections, the DCF points to an estimated intrinsic value of about $96 per share, compared with the recent share price of $89.50. The implied 7.0% discount suggests the market price sits somewhat below what the cash flows indicate, although the gap is not extremely wide. Overall, this DCF view suggests Qorvo stock appears roughly fairly valued, with only a modest hint of undervaluation at current levels. Qorvo is fairly valued according to our Discounted Cash Flow (DCF), but this can change at a moment's notice. Track the value in your watchlist or portfolio and be alerted on when to act. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Qorvo. The P/E ratio is a useful cross check for Qorvo because earnings are a key focus for many semiconductor investors. Qorvo trades on a P/E of about 19.8x, which is well below the semiconductor industry average of 47.3x and also below the peer group average of 31.8x. That suggests the market is applying a discount to Qorvo compared with a typical sector stock. The fair P/E multiple implied by broader checks is 23.5x. This is higher than Qorvo's current 19.8x, which indicates the stock is trading at a lower earnings multiple than might be expected given its profile. The gap is not extreme, but it shows that, on earnings alone, investors are paying less per dollar of Qorvo earnings than the model suggests could be reasonable. On the P/E multiple, Qorvo stock appears undervalued relative to both its tailored fair ratio and wider semiconductor peers. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for Qorvo pick up where this valuation puzzle leaves off by spelling out the future paths for growth, margins and earnings that would need to hold for Qorvo's stock to be worth materially more or materially less than today's price. Rather than relying on a single multiple or model result, each narrative lays out the assumptions behind its view of fair value so you can compare those expectations with Qorvo's actual results as they arrive. One of the top community narratives on Qorvo: roughly fairly valued Read one of the top narratives on Qorvo Do you think there's more to the story for Qorvo? Head over to our Community to see what others are saying! Qorvo now screens as roughly fairly valued on its Discounted Cash Flow (DCF) intrinsic value estimate, with the current share price only modestly below that figure. Market multiples still point to Qorvo as undervalued on earnings compared with peers, yet the broader valuation checks sit in the middle of the range rather than clearly supportive. The real swing factor from here is whether Qorvo can deliver the cash flows and margin profile that would justify both a tighter DCF gap and any meaningful re rating of its P/E. That will decide whether the current discount reflects opportunity or a fair price for the risks. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include QRVO. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Qorvo, Inc. reported past first-quarter fiscal 2027 results to June 27, 2026, with sales of US$784.8 million versus US$818.78 million a year earlier, while net income rose to US$85.8 million from US$25.59 million, lifting basic earnings per share from continuing operations to US$0.97. Despite softer smartphone-related revenue, Qorvo’s High-Performance Analog business and cost controls boosted profitability, with earnings and sales exceeding analyst consensus for the quarter. Next, we’ll examine how stronger High-Performance Analog profitability and cost discipline affect Qorvo’s existing investment narrative and risk-reward balance. Invest in the nuclear renaissance through our list of 90 elite nuclear energy infrastructure plays powering the global AI revolution. To own Qorvo, you need to be comfortable with a company in transition: using High-Performance Analog strength and cost control to offset weaker smartphone demand and customer concentration. The latest quarter supports this profitability angle, with margins improving even as sales slipped. In the near term, the key catalyst remains execution in higher‑margin analog and defense, while the biggest risk is still reliance on a single customer for a large share of revenue. This report does not materially change that risk balance. One recent development that sits alongside these results is Qorvo’s heavy share repurchase activity, including US$400.02 million spent between late December 2025 and late March 2026. For existing shareholders, this buyback program, combined with earnings that again exceeded consensus, reinforces a story focused on improving per‑share metrics. It also raises the stakes if future revenue from the largest customer or Android markets underperforms, since there is less balance sheet flexibility to absorb shocks. Yet beneath the improving margins, investors should be aware that heavy dependence on a single customer still leaves Qorvo exposed if... Read the full narrative on Qorvo (it's free!) Qorvo's narrative projects $4.0 billion revenue and $597.6 million earnings by 2029. Uncover how Qorvo's forecasts yield a $91.46 fair value, in line with its current price. Some of the most optimistic analysts, who were penciling in about US$4.4 billion of revenue and US$640.5 million of earnings by 2029, see Qorvo’s defense and High Performance Analog potential very differently from the more cautious consensus. As you weigh this quarter’s stronger margins against those upbeat assumptions, you can decide where you sit along that spectrum of expectations. Explore 5 other fair value estimates on Qorvo - why the stock might be worth just $90.77! Don't just follow the ticker - dig into the data and build a conviction that's truly your own. A great starting point for your Qorvo research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision. Our free Qorvo research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Qorvo's overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: We've uncovered the 9 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Find 49 companies with promising cash flow potential yet trading below their fair value. The future of work is here. Discover the 34 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include QRVO. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Qorvo, Inc. QRVO reported strong first-quarter fiscal 2027 results, with both adjusted earnings and revenues surpassing the Zacks Consensus Estimate.During the quarter, lower smartphone-related revenues weighed on the company’s overall sales. However, solid growth in the High-Performance Analog business, along with disciplined cost management, helped improve profitability and margins. On a GAAP basis, the company reported a net income of $85.8 million or 96 cents per share compared with $25.6 million or 27 cents per share in the prior-year quarter. Despite lower net sales, lower cost of goods sold boosted the bottom line during the quarter.Non-GAAP net income was $146.6 million or $1.64 per share compared with $86.5 million or 92 cents per share in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of $1.10 per share. Qorvo, Inc. price-consensus-eps-surprise-chart | Qorvo, Inc. Quote Net sales during the quarter declined to $784.8 million from $818.8 million in the prior-year quarter, primarily due to soft demand in the Advanced Cellular Group segment. The top line beat the Zacks Consensus Estimate of $745.8 million. The High-Performance Analog segment contributed $206.3 million in revenues, up from $137.4 million in the year-ago quarter, reflecting continued strength across its diversified portfolio, including defense and aerospace applications.Revenues from the Connectivity and Sensors Group segment were $101.9 million compared with $110.2 million in the year-earlier quarter. Net sales in the Advanced Cellular Group segment were $476.6 million, down 16.6% year over year due to weaker demand from certain smartphone customers and changes in product mix. Non-GAAP gross profit was $414.3 million compared with $360 million in the year-ago quarter, with respective margins of 52.8% and 44%. Non-GAAP operating expenses decreased to $236.6 million from $251.8 million a year ago. Non-GAAP operating income was $177.6 million compared with $108.2 million in the year-ago quarter. As of June 27, 2026, QRVO had $1.33 billion in cash and cash equivalents and $1.55 billion of long-term debt. During the first quarter of fiscal 2027, the company generated $139.5 million in cash from operations compared with $182.9 million in the year-earlier quarter. Qorvo currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Arista Networks Inc. ANET is scheduled to release second-quarter 2026 earnings on Aug.4. The Zacks Consensus Estimate for earnings is pegged at 89 cents per share, suggesting growth of 21.92% from the year-ago reported figure.Arista has a long-term earnings growth expectation of 19.86%. The company delivered an average earnings surprise of 8.31% in the last four reported quarters.Motorola Solutions, Inc. MSI is set to release second-quarter 2026 earnings Aug.5. The Zacks Consensus Estimate for earnings is pegged at $3.86 per share, implying growth of 8.12% from the year-ago reported figure.Motorola has a long-term earnings growth expectation of 9.47%. The company delivered an average earnings surprise of 5.17% in the last four reported quarters.HubSpot, Inc. HUBS is scheduled to release second-quarter 2026 earnings on Aug.5. The Zacks Consensus Estimate for earnings is pegged at $3.02 per share, suggesting growth of 37.9% from the year-ago reported figure.HubSpot has a long-term earnings growth expectation of 20.84%. The company delivered an average earnings surprise of 4.97% in the last four reported quarters. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qorvo, Inc. (QRVO) : Free Stock Analysis Report Motorola Solutions, Inc. (MSI) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report HubSpot, Inc. (HUBS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Skyworks Solutions, Inc.? Here are five stocks we like better. Skyworks exceeded its Q3 outlook, reporting $935 million in revenue and non-GAAP EPS of $1.08. Mobile contributed 57% of sales, while broad markets revenue rose 8% year over year to approximately $403 million. The proposed Qorvo combination is progressing, with China’s regulatory review entering its final phase and closing potentially occurring in calendar 2026. Skyworks expects at least $500 million in synergies and plans to raise approximately $2 billion in debt financing. Skyworks will discontinue its quarterly dividend and prioritize share repurchases, debt reduction and acquisitions through a new $2 billion buyback authorization. For Q4, it forecasts revenue of $1.01 billion to $1.06 billion and midpoint non-GAAP EPS of $1.27. MarketBeat Week in Review – 06/23 - 6/27 Skyworks Solutions (NASDAQ:SWKS) reported fiscal third-quarter revenue and non-GAAP earnings above the midpoint of its guidance, while outlining progress toward its proposed combination with Qorvo and a revised capital allocation strategy for the combined company. For the June quarter, Skyworks generated revenue of $935 million and non-GAAP diluted earnings per share of $1.08, which Chief Executive Officer and President Phil Brace said was $0.05 above the midpoint of the company’s outlook. Revenue from mobile represented 57% of sales, while broad markets accounted for 43%. → Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Skyworks Stock Down 16% in 2025, Poised for AI Edge Surge Chief Financial Officer and Senior Vice President Philip Carter said Skyworks’ largest customer represented approximately 57% of total revenue during the quarter. Mobile results were supported by healthy sell-through at that customer and new product ramps at Skyworks’ largest Android customer, he said. Brace said regulatory reviews of Skyworks’ planned Qorvo combination were continuing to progress. In China, the review has advanced to phase three with the State Administration for Market Regulation, or SAMR, which Brace described during the question-and-answer session as the final stage of that process. → This Tiny AI Supplier Could Be More Important Than the Chipmakers Cirrus Logic Stock Surges on Strong Apple iPhone Upgrade Cycle The company is working with regulators in the remaining jurisdictions and is now optimistic that the transaction can close within calendar 2026. Skyworks is preparing for a closing as early as its current fiscal year, although Brace noted that the deal remains subject to regulatory approvals and customary closing conditions. In preparation for a potentially earlier closing, Skyworks anticipates raising approximately $2 billion in debt financing in the near term, subject to market and other conditions. Carter said the company ended the June quarter with approximately $814 million in cash and investments and $497 million in debt, after retiring $500 million of notes that matured during the period. → 2 Stocks Built to Thrive If Inflation Refuses to Fade Skyworks also announced the expected leadership team for the combined company. Carter is expected to serve as chief financial officer, while Qorvo President and CEO Bob Bruggeworth is expected to join the combined company’s board of directors. Brace said the company’s integration planning remains on track and that management continues to expect at least $500 million in synergies. The board approved a new capital allocation framework for the combined company that emphasizes stock repurchases, debt reduction and strategic acquisitions. As part of the change, Skyworks will no longer declare a quarterly dividend. The company replaced a repurchase authorization that had been scheduled to expire in February 2027 with a new $2 billion share repurchase program expiring in January 2029. Brace said the new approach is intended to provide greater flexibility and direct capital toward what management considers higher-return uses. “We determined that we would allocate that capital towards both share repurchases, de-levering the balance sheet, and strategic opportunistic M&A,” Brace said in response to an analyst question about ending the dividend. He added that the company is focused first on closing and integrating the Qorvo transaction. Over the longer term, management expects diversification-oriented acquisitions to remain part of its strategy, while maintaining discipline around returns and potential accretion. Broad markets revenue was approximately $403 million, up 8% from a year earlier. Skyworks said its Wi-Fi, data center and automotive businesses represented nearly two-thirds of broad markets revenue and collectively grew 15% year over year. Brace said demand in those growth areas is running ahead of the company’s available supply. AI data center was the company’s fastest-growing business and was tracking ahead of the more than 50% annual growth rate discussed in the prior quarter, despite supply constraints. The company cited demand for high-speed connectivity, precision timing and advanced power-delivery products as data centers move toward higher data rates and higher-density architectures. Wi-Fi 7 adoption continued, while the company said it is collaborating with customers on Wi-Fi 8. In automotive, Skyworks cited demand tied to connected vehicles and infotainment systems, as well as engagements with global automakers and tier-one suppliers on multiyear vehicle platforms. However, Brace said strength in the growth engines was partly offset by softness in more consumer-exposed areas of the broad markets business, including consumer IoT-related devices. For the fiscal fourth quarter, Skyworks forecast revenue of $1.01 billion to $1.06 billion. At the midpoint of $1.035 billion, the company expects non-GAAP diluted earnings per share of $1.27, based on an estimated 152 million diluted shares. Mobile revenue is expected to increase sequentially in the high-teens percentage range, supported by seasonal product launches at Skyworks’ largest customer. Broad markets revenue is expected to grow approximately 5% year over year and represent about 39% of total sales. Gross margin is expected to be between 44% and 45%, reflecting a seasonal shift toward mobile and continued input-cost pressure. Operating expenses are expected to range from $235 million to $245 million. During the June quarter, gross margin was approximately 45%, while operating income was $182 million, or a 19.4% operating margin. Carter said rising input costs remained a headwind and are expected to persist into the September quarter. The company is pursuing cost reductions and selective price increases, primarily in broad markets, where products can have longer lifecycles and more pricing flexibility. Brace said mobile demand signals remain stable, channel inventories are lean, and the company’s guidance reflects its current view of customer demand and inventory conditions. Looking further ahead, he said Skyworks sees increasing RF complexity from higher uplink demands, expanded receive paths, satellite connectivity and other changes that could support higher RF content in devices over time. Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company's portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets. Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region. 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GREENSBORO, N.C., July 28, 2026 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company’s fiscal 2027 first quarter ended June 27, 2026. On a GAAP basis, revenue for Qorvo’s fiscal 2027 first quarter was $784.8 million, gross margin was 51.1%, operating income was $96.8 million, and diluted earnings per share was $0.96. On a non-GAAP basis, gross margin was 52.8%, operating income was $177.6 million, and diluted earnings per share was $1.64. Bob Bruggeworth, president and chief executive officer of Qorvo, said, "The Qorvo team delivered strong June quarterly financial results, supported by double-digit year-over-year revenue growth in D&A, infrastructure, and power, coupled with our successful pivot in ACG to higher value placements. For full-year fiscal 2027, we continue to expect non-GAAP gross margin above 50% and now expect non-GAAP diluted earnings per share above $7.00." Financial Commentary Grant Brown, chief financial officer of Qorvo, said, "Qorvo is improving business mix within and across operating segments, reducing capital intensity, and structurally enhancing profitability. Compared to the prior-year June quarter, non-GAAP gross margin expanded 880 basis points to 52.8% and non-GAAP EPS increased 78% to $1.64. We expect continued strong financial performance throughout fiscal 2027." Given Qorvo's pending transaction with Skyworks, Qorvo has discontinued conducting conference calls and providing forward-looking guidance. Qorvo's fiscal 2027 is a 53-week year, and its fiscal second quarter, ending Saturday, October 3, 2026, will include 14 weeks. See "Forward-looking non-GAAP financial measures" below. Qorvo's actual results may differ from these expectations and projections, and such differences may be material. Selected Financial Information The following tables set forth selected GAAP and non-GAAP financial information for Qorvo for the periods indicated. See the more detailed financial information for Qorvo, including reconciliations of GAAP and non-GAAP financial information, attached. Non-GAAP Financial Measures In addition to disclosing financial results calculated in accordance with United States (U.S.) generally accepted accounting principles (GAAP), this earnings release contains some or all of the following non-GAAP financial measures: (i) non-GAAP gross profit and gross margin, (ii) non-GAAP operating expenses, operating income and operating margin, (iii) non-GAAP net income, (iv) non-GAAP net income per diluted share, (v) free cash flow, (vi) EBITDA, (vii) non-GAAP return on invested capital (ROIC), and (viii) net debt or positive net cash. Each of these non-GAAP financial measures is either adjusted from GAAP results to exclude certain expenses or derived from multiple GAAP measures, which are outlined in the “Reconciliation of GAAP to Non-GAAP Financial Measures” tables, attached, and the “Additional Selected Non-GAAP Financial Measures and Reconciliations” tables, attached. In managing Qorvo's business on a consolidated basis, management develops an annual operating plan, which is approved by our Board of Directors, using non-GAAP financial measures. In developing and monitoring performance against this plan, management considers the actual or potential impacts on these non-GAAP financial measures from actions taken to reduce costs with the goal of increasing gross margin and operating margin. In addition, management relies upon these non-GAAP financial measures to assess whether research and development efforts are at an appropriate level, and when making decisions about product spending, administrative budgets, and other operating expenses. Also, we believe that non-GAAP financial measures provide useful supplemental information to investors and enable investors to analyze the results of operations in the same way as management. We have chosen to provide this supplemental information to enable investors to perform additional comparisons of our operating results, to assess our liquidity and capital position and to analyze financial performance excluding the effect of expenses unrelated to operations, and stock-based compensation expense, which may obscure trends in Qorvo's underlying performance. We believe that these non-GAAP financial measures offer an additional view of Qorvo's operations that, when coupled with the GAAP results and the reconciliations to corresponding GAAP financial measures, provide a more complete understanding of Qorvo's results of operations and the factors and trends affecting Qorvo's business. However, these non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. Our rationale for using these non-GAAP financial measures, as well as their impact on the presentation of Qorvo's operations, are outlined below: Non-GAAP gross profit and gross margin. Non-GAAP gross profit and gross margin exclude amortization of acquired intangible assets, stock-based compensation expense, restructuring-related charges, acquisition and integration-related costs, and certain other charges or income. We believe that exclusion of these costs in presenting non-GAAP gross profit and gross margin facilitates a useful evaluation of our historical performance and projected costs and the potential for realizing cost efficiencies. We view amortization of acquired acquisition-related intangible assets, such as the amortization of the cost associated with an acquired company’s research and development efforts, trade names, and customer relationships, as items arising from pre-acquisition activities, determined at the time of an acquisition, rather than ongoing costs of operating Qorvo’s business. While these intangible assets are continually evaluated for impairment, amortization of the cost of purchased intangible assets is a static expense, which is not typically affected by operations during any particular period. Although we exclude the amortization of purchased intangible assets from these non-GAAP financial measures, management believes that it is important for investors to understand that such intangible assets were recorded as part of purchase price accounting and contribute to revenue generation. We believe that presentation of non-GAAP gross profit and gross margin and other non-GAAP financial measures that exclude the impact of stock-based compensation expense assists management and investors in evaluating the period-over-period performance of Qorvo's ongoing operations because (i) the expenses are non-cash in nature, and (ii) although the size of the grants is within our control, the amount of expense varies depending on factors such as short-term fluctuations in stock price volatility and prevailing interest rates, which can be unrelated to the operational performance of Qorvo during the period in which the expense is incurred and generally are outside the control of management. Moreover, we believe that the exclusion of stock-based compensation expense in presenting non-GAAP gross profit and gross margin and other non-GAAP financial measures is useful to investors to understand the impact of the expensing of stock-based compensation to Qorvo's gross profit and gross margins and other financial measures in comparison to prior periods. We also believe that the adjustments to profit and margin related to restructuring-related charges, and acquisition and integration-related costs do not constitute part of Qorvo's ongoing operations and therefore the exclusion of these items provides management and investors with better visibility into the actual costs required to generate revenues over time and facilitates a useful evaluation of our historical and projected performance. We believe disclosure of non-GAAP gross profit and gross margin has economic substance because the excluded expenses do not represent continuing cash expenditures and, as described above, we have little control over the timing and amount of the expenses in question. Non-GAAP operating expenses, operating income and operating margin. Non-GAAP operating expenses, operating income and operating margin exclude stock-based compensation expense, amortization of acquired intangible assets, acquisition and integration-related costs, merger-related costs, goodwill and intangible asset impairments, restructuring-related charges and certain settlements, gains, losses and other charges. We believe that presentation of a measure of operating expenses, operating income and operating margin that excludes amortization of acquired intangible assets and stock-based compensation expense is useful to both management and investors for the same reasons as described above with respect to our use of non-GAAP gross profit and gross margin. We believe that acquisition and integration-related costs, merger-related costs, goodwill and intangible asset impairments, restructuring-related charges and certain settlements, gains, losses and other charges do not constitute part of Qorvo's ongoing operations and therefore, the exclusion of these costs provides management and investors with better visibility into the actual costs required to generate revenues over time and facilitates a useful evaluation of our historical and projected performance. We believe disclosure of non-GAAP operating expenses, operating income and operating margin has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. Non-GAAP net income and non-GAAP net income per diluted share. Non-GAAP net income and non-GAAP net income per diluted share exclude the effects of stock-based compensation expense, amortization of acquired intangible assets, acquisition and integration-related costs, merger-related costs, goodwill and intangible asset impairments, restructuring-related charges, certain settlements, gains, losses and other charges, investment and debt-related gains and losses, and also reflect an adjustment of income taxes. The income tax adjustment primarily represents the use of research and development tax credit carryforwards, deferred tax expense (benefit) items not affecting taxes payable, adjustments related to the deemed and actual repatriation of historical foreign earnings, non-cash expense (benefit) related to uncertain tax positions and other items unrelated to the current fiscal year or that are not indicative of our ongoing business operations. We believe that presentation of measures of net income and net income per diluted share that exclude these items is useful to both management and investors for the reasons described above with respect to non-GAAP gross profit and gross margin and non-GAAP operating expenses, operating income and operating margin. We believe disclosure of non-GAAP net income and non-GAAP net income per diluted share has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. Free cash flow. Qorvo defines free cash flow as net cash provided by operating activities during the period minus property and equipment expenditures made during the period, and free cash flow margin is calculated as free cash flow as a percentage of revenue. We use free cash flow as a supplemental financial measure in our evaluation of liquidity and financial strength. Management believes that this measure is useful as an indicator of our ability to service our debt, meet other payment obligations and make strategic investments. Free cash flow should be considered in addition to, rather than as a substitute for, net income as a measure of our performance and net cash provided by operating activities as a measure of our liquidity. Additionally, our definition of free cash flow is limited, in that it does not represent residual cash flows available for discretionary expenditures due to the fact that the measure does not deduct the payments required for debt service and other contractual obligations. Therefore, we believe it is important to view free cash flow as a measure that provides supplemental information to our entire statement of cash flows. EBITDA. Qorvo adjusts GAAP net income for interest expense, interest income, income tax expense (benefit), depreciation and intangible amortization expense, stock-based compensation and other charges that are not representative of Qorvo's ongoing operations (including goodwill and intangible asset impairments, investment and debt-related gains and losses, acquisition-related costs, merger-related costs, restructuring-related costs and certain settlements, gains, losses and other charges) when presenting EBITDA. Management believes that this measure is useful to evaluate our ongoing operations and as a general indicator of our operating cash flow (in conjunction with a cash flow statement which also includes, among other items, changes in working capital and the effect of non-cash charges). Non-GAAP ROIC. ROIC is a non-GAAP financial measure that management believes provides useful supplemental information for management and the investor by measuring the effectiveness of our operations' use of invested capital to generate profits. We use ROIC to track how much value we are creating for our shareholders. Non-GAAP ROIC is calculated by dividing annualized non-GAAP operating income, net of an adjustment for income taxes (as described above), by average invested capital. Average invested capital is calculated by subtracting the average of the beginning balance and the ending balance of equity plus net debt, less certain goodwill. Net debt or positive net cash. Net debt or positive net cash is defined as unrestricted cash, cash equivalents and short-term investments, minus any borrowings under our credit facility and the principal balance of our senior unsecured notes. Management believes that net debt or positive net cash provides useful information regarding the level of Qorvo's indebtedness by reflecting cash and investments that could be used to repay debt. Inventory days on hand. Inventory days on hand is defined as (a) average net inventory for the period, divided by (b) the result of non-GAAP cost of goods sold for the period divided by the number of days in the period. Forward-looking non-GAAP financial measures. Our earnings release contains forward-looking gross margin and diluted earnings per share. We provide these non-GAAP measures to investors on a prospective basis for the same reasons (set forth above) that we provide them to investors on a historical basis. We are unable to provide a reconciliation of the forward-looking non-GAAP financial measures to the most directly comparable forward-looking GAAP financial measures without unreasonable effort due to variability and difficulty in making accurate projections for items that would be required to be included in the GAAP measures, such as stock-based compensation, acquisition and integration-related costs, merger-related costs, restructuring-related charges, goodwill and intangible asset impairments, certain settlements, gains, losses and other charges, investment and debt-related gains or losses and the provision for income taxes, which could have a potentially significant impact on our future GAAP results. Limitations of non-GAAP financial measures. The primary material limitations associated with the use of non-GAAP financial measures as an analytical tool compared to the most directly comparable GAAP financial measures are these non-GAAP financial measures (i) may not be comparable to similarly titled measures used by other companies in our industry, and (ii) exclude financial information that some may consider important in evaluating our performance, thus limiting their usefulness as a comparative tool. We compensate for these limitations by providing full disclosure of the differences between these non-GAAP financial measures and the corresponding GAAP financial measures, including a reconciliation of the non-GAAP financial measures to the corresponding GAAP financial measures, to enable investors to perform their own analysis of our gross profit and gross margin, operating expenses, operating income, net income, net income per diluted share and net cash provided by operating activities. We further compensate for the limitations of our use of non-GAAP financial measures by presenting the corresponding GAAP measures more prominently. About Qorvo Qorvo (Nasdaq:QRVO) supplies innovative semiconductor solutions that make a better world possible. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Qorvo serves diverse high-growth segments of large global markets, including automotive, consumer, defense & aerospace, industrial & enterprise, infrastructure and mobile. Visit www.qorvo.com to learn how our diverse and innovative team is helping connect, protect and power our planet. Qorvo is a registered trademark of Qorvo, Inc. in the U.S. and in other countries. All other trademarks are the property of their respective owners. This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions, and are not historical facts and typically are identified by terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "forecast," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations as of the date the statement is first made, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We caution you not to place undue reliance upon any such forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under U.S. federal securities laws. Our business is subject to numerous risks and uncertainties, including those relating to fluctuations in our operating results on a quarterly and annual basis; our substantial dependence on developing new products and achieving design wins; our dependence on several large customers for a substantial portion of our revenue; a loss of revenue if defense and aerospace contracts are canceled or delayed; our dependence on third parties; risks related to sales through distributors; risks associated with the operation of our manufacturing facilities; business disruptions; poor manufacturing yields; increased inventory risks and costs, due to timing of customers' forecasts; our inability to effectively manage or maintain relationships with chipset suppliers; our ability to continue to innovate in a very competitive industry; underutilization of manufacturing facilities; unfavorable changes in interest rates, pricing of certain precious metals, utility rates and foreign currency exchange rates; our acquisitions, divestitures and other strategic investments failing to achieve financial or strategic objectives; our ability to effectively execute restructuring initiatives; our ability to attract, retain and motivate key employees; warranty claims, product recalls and product liability; changes in our effective tax rate; enactment of international or domestic tax legislation, or changes in regulatory guidance; changes in the favorable tax status of certain of our subsidiaries; risks associated with social, environmental, health and safety regulations, and climate change; risks from international sales and operations; economic regulation in China; changes in government trade policies, including imposition of tariffs and export restrictions; we may not be able to generate sufficient cash to service all of our debt; restrictions imposed by the agreements governing our debt; our reliance on our intellectual property portfolio; claims of infringement of third-party intellectual property rights; security breaches, failed system upgrades or regular maintenance and other similar disruptions to our IT systems; theft, loss or misuse of personal data by or about our employees, customers or third parties; open source software risks, including risks related to licensing and security; compliance with evolving data privacy and cybersecurity laws and regulations; provisions in our governing documents and Delaware law may discourage takeovers and business combinations that our stockholders might consider to be in their best interests; negative impacts from activist stockholders; volatility in the price of our common stock; risks and uncertainties relating to the Mergers, including the occurrence of any event, change or other circumstance that could give rise to the right of us or Skyworks to terminate the Merger Agreement; the outcome of any legal proceedings that may be instituted against us or Skyworks in connection with the Mergers; the possibility that the Mergers do not close when expected or at all because of required regulatory or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all (and the risk that seeking or obtaining such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the Mergers); that efforts to complete the Mergers may affect our business relationships with our existing and potential customers, suppliers, service providers and other business partners; that the expected synergies from the Mergers may not be fully realized or may take longer to realize than anticipated; any failure to promptly and effectively integrate the businesses of the Company and Skyworks; and that the Mergers may divert management’s attention and time from ongoing business operations and opportunities. These and other risks and uncertainties, which are described in more detail under “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 28, 2026, and Qorvo’s subsequent reports and statements that we file with the SEC, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements. Financial Tables to Follow At Qorvo®Doug DeLietoVP, Investor Relations1.336.678.7968

Qorvo (QRVO) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.1 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +49.09%. A quarter ago, it was expected that this chipmaker would post earnings of $1.21 per share when it actually produced earnings of $1.69, delivering a surprise of +39.67%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Qorvo, which belongs to the Zacks Semiconductors - Radio Frequency industry, posted revenues of $784.8 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.22%. This compares to year-ago revenues of $818.78 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Qorvo shares have added about 6.2% since the beginning of the year versus the S&P 500's gain of 8.3%. While Qorvo has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Qorvo was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.88 on $901.47 million in revenues for the coming quarter and $6.80 on $3.48 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Semiconductors - Radio Frequency is currently in the top 19% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Angi (ANGI), another stock in the broader Zacks Computer and Technology sector, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4. This provider of a digital marketplace for home services is expected to post quarterly earnings of $0.20 per share in its upcoming report, which represents a year-over-year change of -13%. The consensus EPS estimate for the quarter has been revised 5.6% lower over the last 30 days to the current level. Angi's revenues are expected to be $261.1 million, down 6.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qorvo, Inc. (QRVO) : Free Stock Analysis Report Angi Inc. (ANGI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research