What long-term trends can investors expect from QRVO's EPS?

**Qorvo's EPS is expected to show a general upward trend over the long term**, driven by several key factors: 1. **Growth in 5G and IoT Demand**: The company's EPS is likely to benefit from the ongoing rollout of 5G networks and the increasing adoption of IoT technologies. As 5G infrastructure expands and IoT devices become more prevalent, Qorvo's RF chips and other products are expected to see higher demand, leading to improved profitability and higher EPS. 2. **Strategic Initiatives**: Qorvo has been executing strategic initiatives to expand margins, generate strong free cash flow, and increase shareholder value. These efforts are likely to contribute to sustained growth in EPS over the long term. 3. **Financial Performance**: Despite a recent quarter where revenue fell year-over-year, Qorvo's EPS exceeded expectations, and the company reported a strong beat of analysts' adjusted operating income estimates. This indicates a strong operational performance that could lead to continued EPS growth as the company navigates market challenges. 4. **Technological Advancements**: Qorvo's focus on AI and machine learning in the data center space, along with advancements in 5G and IoT, positions the company well for future growth. These technological trends are expected to drive demand for Qorvo's products, leading to increased EPS over the long term. 5. **Market Position**: As a leading designer and manufacturer of RF chips for smartphones and networking equipment, Qorvo's market position is strong. The company's ability to support major customers and its focus on high-value products are likely to contribute to steady EPS growth. In conclusion, while Qorvo's EPS may experience short-term fluctuations due to market conditions and product cycles, the company's strategic positioning, technological advancements, and strong financial performance suggest that EPS is expected to show a general upward trend over the long term.