Qorvo Stock Soars 11.72% on Strong Earnings

On April 30, 2025, Qorvo's stock surged by 11.72% in pre-market trading, reflecting strong investor confidence in the company's recent financial performance and future prospects.

Qorvo reported its Q1 CY2025 results, exceeding market revenue expectations despite a 7.6% year-over-year sales decline. The company's Q4 FY2025 earnings also surpassed analyst expectations, with an EPS of $1.42 compared to the forecasted $1.00. This strong performance was driven by a non-GAAP gross margin of 45.9%, a 3.4% year-over-year expansion, and robust cash generation of $171 million in Q4 and $485 million for the full fiscal year.

Qorvo's outlook for Q1 FY2026 includes projected revenue of $775 million, a gross margin between 42% and 44%, and non-GAAP EPS between $0.50 and $0.75. The company's strategy focuses on winning content with major customers and expanding its core RF and power expertise through the CSG and HPA segments, while optimizing its manufacturing footprint and maintaining cost discipline.