Annuncio • Apr 21
Qorvo, Inc. to Report Q4, 2026 Results on May 05, 2026 Qorvo, Inc. announced that they will report Q4, 2026 results at 4:00 PM, US Eastern Standard Time on May 05, 2026 Annuncio • Jan 28
Qorvo, Inc. Provides Earnings Guidance for the Fourth Quarter Ended March 2026 Qorvo, Inc. provided earnings guidance for the fourth quarter ended March 2026. For the period, the company expects quarterly revenue of approximately $800 million, plus or minus $25 million. Annuncio • Jan 13
Qorvo, Inc. to Report Q3, 2026 Results on Jan 27, 2026 Qorvo, Inc. announced that they will report Q3, 2026 results at 4:00 PM, US Eastern Standard Time on Jan 27, 2026 Annuncio • Nov 04
Qorvo, Inc. Provides Earnings Guidance for the Quarter Ending December 2025 Qorvo, Inc. provided earnings guidance for the quarter ending December 2025. For the period, the company expects revenue of $985 million plus or minus $50 million. Annuncio • Oct 28
Skyworks Solutions, Inc. (NasdaqGS:SWKS) entered into an Agreement and Plan of Merger to acquire Qorvo, Inc. (NasdaqGS:QRVO) from Starboard Value LP and others for approximately $10.1 billion. Skyworks Solutions, Inc. (NasdaqGS:SWKS) entered into an Agreement and Plan of Merger to acquire Qorvo, Inc. (NasdaqGS:QRVO) from Starboard Value LP and others for approximately $10.1 billion on October 27, 2025. Under the terms of the agreement, Qorvo shareholders will receive $32.50 in cash and 0.960 of a Skyworks common share for each Qorvo share held at the close of the transaction. Upon closing, Skyworks shareholders will own approximately 63 percent of the combined company, while Qorvo shareholders will own approximately 37 percent, on a fully-diluted basis. Phil Brace will serve as chief executive officer of the combined company; Bob Bruggeworth will join the Board of Directors of the combined company. The combined company's Board of Directors will comprise 11 directors, eight from Skyworks and three from Qorvo. Skyworks plans to fund the cash portion of the transaction using a combination of cash on hand and additional financing. Skyworks has obtained debt financing commitments from Goldman Sachs Bank USA. The transaction is not subject to any financing conditions. Buy and sell side termination fee is $298,692,098.
The Boards of Directors of both companies have unanimously approved the transaction and is subject to the receipt of required regulatory approvals, approval of Skyworks shareholders and Qorvo shareholders, the expiration or early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the effectiveness of the registration statement and the satisfaction of other customary closing conditions. The transaction is expected to close in early calendar year 2027.
Qatalyst Partners, L.P. and Goldman Sachs & Co. LLC are serving as financial advisors to Skyworks. Qatalyst Partners, L.P. acted as fairness opinion provider to Skyworks. Kenton J. King and Sonia K. Nijjar of Skadden, Arps, Slate, Meagher & Flom LLP is serving as Skyworks’ legal advisor. FGS Global is serving as Skyworks’ strategic communications advisor. Centerview Partners LLC is serving as exclusive financial advisor and fairness opinion provider to Qorvo. Paul S. Scrivano, Cheryl Chan, Jennifer S. Conway, Charlotte R. Fabiani, Howard Shelanski, Hilary Dengel, Corey M. Goodman of Davis Polk & Wardwell LLP is serving as Qorvo’s legal advisor. Joele Frank, Wilkinson Brimmer Katcher is serving as Qorvo’s strategic communications advisor. Spencer Klein of Morrison & Foerster LLP represented Qatalyst Partners, L.P. as financial advisor. Annuncio • Oct 21
Qorvo, Inc. to Report Q2, 2026 Results on Nov 03, 2025 Qorvo, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2025 Annuncio • Aug 16
Qorvo, Inc. Elects Peter A. Feld as Director Qorvo, Inc. at the Annual Meeting held on August 13, 2025, the stockholders of the Company elected Peter A. Feld as director to serve a one-year term and until their respective successors are duly elected and qualified or until their earlier resignation or removal. Annuncio • Jul 30
Qorvo, Inc. Provides Earnings Guidance for the Second Quarter Ending September 2025 Qorvo, Inc. provided earnings guidance for the second quarter ending September 2025. For the period, the company expects Quarterly revenue of approximately $1.025 billion, plus or minus $50 million. Annuncio • Jul 16
Qorvo, Inc. to Report Q1, 2026 Results on Jul 19, 2025 Qorvo, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Jul 19, 2025 Annuncio • Jun 27
Qorvo, Inc., Annual General Meeting, Aug 13, 2025 Qorvo, Inc., Annual General Meeting, Aug 13, 2025. Location: renaissance dallas, plano legacy west hotel, 6007 legacy drive, tx 75024, plano United States Annuncio • Apr 16
Qorvo, Inc. Announces Board Changes Qorvo announced the appointment of Messrs. Richard L. Clemmer and Christopher R. Koopmans as new independent members of its Board of Directors, effective immediately. Additionally, the Company announced that David H. Y. Ho, who was not standing for reelection at the Company’s 2025 Annual Meeting of Stockholders, will retire from the Board, effective immediately. With the appointments of Messrs. Clemmer and Koopmans, and the retirement of Mr. Ho, Qorvo’s Board will increase to nine directors, eight of whom are independent. After today’s changes, three of nine directors will have joined the Qorvo Board within the last six months. Richard Clemmer is a global leader in the semiconductor, electronics and software industries with a powerful
track record of shareholder value creation. Mr. Clemmer is a Founding Partner of Socratic Partners. Mr. Clemmer currently serves on the Boards of Directors of HP, Inc. and Seagate Technology Holdings plc. He previously served on the boards of Aptiv PLC, NCR Corporation, NXP Semiconductors N.V., and i2 Technologies, Inc. Mr. Clemmerearned a bachelor’s degree in Industrial Management from Texas Tech University and an MBA from Southern Methodist University. Chris Koopmans is a seasoned executive with 25 years of experience in the technology industry and a talent for
building, scaling and transforming businesses. Currently, Mr. Koopmans serves as Chief Operating Officer of
Marvell Technology. Mr. Koopmansearned a bachelor’s degree in Computer Engineering from the
University of Illinois Urbana-Champaign. Annuncio • Apr 15
Qorvo, Inc. to Report Q4, 2025 Results on Apr 29, 2025 Qorvo, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2025 Annuncio • Mar 24
Qorvo, Inc.(NasdaqGS:QRVO) dropped from FTSE All-World Index (USD) Qorvo, Inc.(NasdaqGS:QRVO) dropped from FTSE All-World Index (USD) Annuncio • Jan 29
Qorvo, Inc. Provides Earnings Guidance for the Quarter Ended March 2025 Qorvo, Inc. provided earnings guidance for the quarter ended March 2025. For the quarter, the company expects quarterly revenue of approximately $850 million, plus or minus $25 million (Includes immaterial silicon carbide revenue, versus silicon carbide revenue of approximately $9 million in the December 2024 quarter). Annuncio • Jan 14
Qorvo, Inc. to Report Q3, 2025 Results on Jan 28, 2025 Qorvo, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 28, 2025 Annuncio • Jan 13
Qorvo, Inc. Announces Retirement of David H.Y. Ho as Member of Board of Directors On January 3, 2025, David H.Y. Ho, a member of the Board of Directors of Qorvo, Inc. informed the Company of his decision not to stand for reelection and to retire from the Board upon the expiration of his term at the Company’s 2025 Annual Meeting of Stockholders. Mr. Ho has advised the Company that his decision to retire is to address other professional commitments and is not due to any disagreement with the Company on any matter relating to Company operations, policies or practices. Annuncio • Dec 23
Qorvo, Inc.(NasdaqGS:QRVO) dropped from S&P 500 Value Qorvo, Inc.(NasdaqGS:QRVO) dropped from S&P 500 Value Annuncio • Nov 12
Qorvo, Inc. Appoints Alan S. Lowe to Its Board of Directors Qorvo® announced the election of Mr. Alan S. Lowe to its Board of Directors, effective November 11, 2024. Mr. Lowe also joined the Board’s Audit Committee. Since 2015, Mr. Lowe has served as president and chief executive officer of Lumentum Holdings Inc., a designer and manufacturer of optical and photonic products enabling optical networking and laser applications worldwide. Prior to Lumentum’s separation from Viavi Solutions Inc. in 2015, Mr. Lowe was employed by Viavi. Mr. Lowe joined Viavi in September 2007 as senior vice president of the Lasers business and became executive vice president and president of Viavi’s communications and commercial optical products business in October 2008. Annuncio • Oct 31
Qorvo, Inc. Reports Goodwill Impairment for the Second Quarter Ended September 28, 2024 Qorvo, Inc. reported goodwill impairment for the second quarter ended September 28, 2024. For the quarter, the company reported goodwill impairment of $96,458,000. Reported Earnings • Oct 30
Second quarter 2025 earnings released: US$0.18 loss per share (vs US$0.99 profit in 2Q 2024) Second quarter 2025 results: US$0.18 loss per share (down from US$0.99 profit in 2Q 2024). Revenue: US$1.05b (down 5.2% from 2Q 2024). Net loss: US$17.4m (down 118% from profit in 2Q 2024). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Annuncio • Oct 30
Qorvo, Inc. Provides Earnings Guidance for the Third Quarter Ending December 2024 and Full Fiscal Year 2025 Qorvo, Inc. provided earnings guidance for the third quarter ending December 2024 and Full fiscal year 2025. For the quarter, Company expects revenue of approximately $900 million, plus or minus $25 million.
For the full year 2025, Company expects revenue will be slightly down versus fiscal 2024. Annuncio • Oct 15
Qorvo, Inc. to Report Q2, 2025 Results on Oct 29, 2024 Qorvo, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2024 Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: US$0.004 (vs US$0.44 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.004 (up from US$0.44 loss in 1Q 2024). Revenue: US$886.7m (up 36% from 1Q 2024). Net income: US$414.0k (up US$44.0m from 1Q 2024). Profit margin: 0% (up from net loss in 1Q 2024). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Annuncio • Jul 16
Qorvo, Inc. to Report Q1, 2025 Results on Jul 30, 2024 Qorvo, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Jul 30, 2024 Annuncio • Jul 01
Qorvo, Inc., Annual General Meeting, Aug 13, 2024 Qorvo, Inc., Annual General Meeting, Aug 13, 2024. Location: the renaissance dallas at plano legacy, west hotel, legacy drive, tx 75024, plano United States Annuncio • May 03
Qorvo, Inc. Provides Earnings Guidance for the Quarter Ending June 2024 Qorvo, Inc. provided earnings guidance for the quarter ending June 2024. For the quarter, the company expects revenue of approximately $850 million, plus or minus $25 million. Reported Earnings • May 02
Full year 2024 earnings released: US$0.72 loss per share (vs US$1.01 profit in FY 2023) Full year 2024 results: US$0.72 loss per share (down from US$1.01 profit in FY 2023). Revenue: US$3.77b (up 5.6% from FY 2023). Net loss: US$70.3m (down 168% from profit in FY 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annuncio • Apr 19
Qorvo, Inc. to Report Q4, 2024 Results on May 01, 2024 Qorvo, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on May 01, 2024 Reported Earnings • Feb 01
Third quarter 2024 earnings released: US$1.31 loss per share (vs US$0.16 loss in 3Q 2023) Third quarter 2024 results: US$1.31 loss per share (further deteriorated from US$0.16 loss in 3Q 2023). Revenue: US$1.07b (up 45% from 3Q 2023). Net loss: US$126.9m (loss widened US$111.0m from 3Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Annuncio • Feb 01
Qorvo, Inc. (NasdaqGS:QRVO) reached a definitive agreement to acquire Anokiwave Inc. Qorvo, Inc. (NasdaqGS:QRVO) reached a definitive agreement to acquire Anokiwave Inc. on January 31, 2024. The Anokiwave team will join Qorvo’s High Performance Analog (HPA) segment and will continue to develop beamformers and IF-RF solutions for defense phased array and AESA radar, electronic warfare, satellite communications and 5G applications. The transaction is expected to close during the March quarter. Barclays PLC (LSE:BARC) acted as financial advisor to Anokiwave Inc. Annuncio • Jan 18
Qorvo, Inc. to Report Q3, 2024 Results on Jan 31, 2024 Qorvo, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Jan 31, 2024 Annuncio • Nov 18
Qorvo, Inc. Announces Board Changes On November 13, 2023, Ralph G. Quinsey, Chairman of the Board of Directors of Qorvo, Inc. informed the Company of his decision not to stand for reelection and to retire from the Board upon the expiration of his term at the Company's 2024 Annual Meeting of Stockholders. Mr. Quinsey also informed the Board that he would step down as Chair and Lead Independent Director as of November 13. Mr. Quinsey has advised the Company that his decision to retire is to address other professional and personal commitments and is not due to any disagreement with the Company on any matter relating to Company operations, policies or practices. The Board and Company management express their deep appreciation to Mr. Quinsey for his dedicated service and significant contributions. The Board has named Dr. Walden C. Rhines as the new Chair of the Board and Lead Independent Director. Dr. Rhines has served as a director of the Company since 2015. Annuncio • Nov 03
Qorvo, Inc. Reports Goodwill Impairment Charges for the Second Quarter Ended September 30, 2023 Qorvo, Inc. reported goodwill impairment charges for the second quarter ended September 30, 2023. For the quarter, the Company reported goodwill impairment of $48,000,000. Reported Earnings • Nov 02
Second quarter 2024 earnings released: EPS: US$0.99 (vs US$1.83 in 2Q 2023) Second quarter 2024 results: EPS: US$0.99 (down from US$1.83 in 2Q 2023). Revenue: US$1.10b (down 4.7% from 2Q 2023). Net income: US$97.5m (down 48% from 2Q 2023). Profit margin: 8.8% (down from 16% in 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annuncio • Nov 02
Qorvo, Inc. Provides Revenue Outlook for the Third Quarter Ending December 2023 Qorvo, Inc. provided revenue outlook for the third quarter ending December 2023. For the quarter, Quarterly revenue of approximately $1 billion, plus or minus $25 million. Annuncio • Oct 28
Qorvo Qspice Revolutionizes Circuit Simulation for Power and Analog Designers Qorvo announced the release of QSPICE, a new generation of circuit simulation software that provides power and analog designers significantly higher levels of design productivity through improved simulation speed, functionality and reliability. In addition to advancing the state of the art in analog simulation technology, QSPICE allows designers to simulate complex digital circuits and algorithms. Its unique combination of modern schematic capture and fast mixed-mode simulation make it the ideal tool to solve the increasingly complex hardware and software challenges faced by today's system designers. Qorvo's QSPICE is available free of charge and offers numerous enhancements over legacy analog modeling tools. These improvements include: Complete support for advanced analog and digital system simulations, such as those used in AI and machine-learning applications. An upgraded simulation engine that uses advanced numerical methods and is optimized for modern computing hardware, including a GPU-rendered user interface and SSD-aware memory management, to provide dramatically higher speed and accuracy. Reduced overall runtimes and a 100% completion rate, based on Qorvo benchmark tests with a suite of challenging test circuits. This compares to a failure rate of up to 15% with these same test circuits using other popular SPICE simulators. Availability of a regularly updated QSPICE model library featuring Qorvo's silicon carbide and advanced power management solutions, making it easy for customers to evaluate and design with Qorvo power. Annuncio • Oct 19
Qorvo, Inc. to Report Q2, 2024 Results on Nov 01, 2023 Qorvo, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 01, 2023 Annuncio • Sep 20
Qorvo Announces Industry's Smallest Low Voltage Transmit Module for Cellular Iot Qorvo announced the latest in its growing portfolio of cellular IoT (C-IoT) transmit modules. Qorvo’s new multi-band multi-mode RF front end (RFFE) module is optimized for NB-IoT1/2 and LTE Cat-M1/2 3GPP standards. Its compact 3 mm x 3 mm size, low 2.5V operation and multi-band support make it ideal for low-voltage applications such as smart meters, asset tracking and monitoring, wearables and smart infrastructure. The QM55011 delivers expanded NB-IoT and LTE-M operation down to 2.5V, enabling a broader range of battery options and eliminating the size and cost associated with boost converters. Its low power consumption extends battery life for applications where chargers and main power are unavailable. The device is capable of lower voltage operation under certain NB-IoT/LTE-M uses cases. It is also capable of supporting other air standards such as non-terrestrial network (NTN) and Wireless Smart Utility Network (Wi-SUN). Qorvo Part # Description Size (mm) QM55011 Integrated multi-band NB-IoT1/2 and CAT-M1/2 module with low-band and mid-band PAs, TX filters and switch supporting multiple 3.0 x 3.0 transmit/receive paths. Provides flexibility to add RX filters as required. QM55003 Integrated multi-band NB-IoT/LTE-M and CAT-M1 module with low-band and mid-band PAs, TX/RX filters and switch supporting multiple 4.0 x 4.0 transmit/receive paths. QM55001 Integrated multi-band NB-IoT/LTE-M and CAT-M1 module with low-band and mid-band PAs and switch. Provides flexibility to add 4.0 x 5.0 filters as required. Qorvo accelerates the adoption of IoT products with its future-proof solutions that enable faster communications, increased network capacity and scalability. Learn more about Qorvo’s innovative IoT solutions. Annuncio • Aug 29
Qorvo, Inc. Announces Passing Away of Jeffery R. Gardner, Board Member, Chair of Audit Committee and Member of Governance and Nominating Committee Qorvo, Inc. announced the loss of board member Jeffery R. Gardner, who unexpectedly passed away on August 27, 2023. Mr. Gardner had served on the Qorvo Board of Directors since January 2015. From 2004 until 2015, he served as a director of RF Micro Devices, Inc., which combined with TriQuint Semiconductor, Inc. to form Qorvo, effective January 1, 2015. As a member of the Qorvo Board of Directors, Mr. Gardner also served as Chair of the Board’s Audit Committee and as a member of the Board’s Governance and Nominating Committee. Annuncio • Aug 04
Qorvo, Inc. Provides Earnings Guidance for the September 2023 Quarter and Fiscal Year 2024 Qorvo, Inc. Provides Earnings Guidance for the September 2023 Quarter and Fiscal Year 2024. For September Quarter 2023, the company expects quarterly revenue of approximately $1 billion, plus or minus $15 million.For Fiscal Year 2024, The company expects year-over-year revenue growth in fiscal 2024. Reported Earnings • Aug 03
First quarter 2024 earnings released: US$0.44 loss per share (vs US$0.66 profit in 1Q 2023) First quarter 2024 results: US$0.44 loss per share (down from US$0.66 profit in 1Q 2023). Revenue: US$651.2m (down 37% from 1Q 2023). Net loss: US$43.6m (down 163% from profit in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • Jul 26
Qorvo® Qspice™ Revolutionizes Circuit Simulation for Power and Analog Designers Qorvo, Inc. announced the release of QSPICE™, a new generation of circuit simulation software that provides power and analog designers significantly higher levels of design productivity through improved simulation speed, functionality and reliability. In addition to advancing the in analog simulation technology, QSPICE allows designers to simulate complex digital circuits and algorithms. Its unique combination of modern schematic capture and fast mixed-mode simulation make it the ideal tool to solve the increasingly complex hardware and software challenges faced by today’s system designers. Qorvo’s QSPICE is available free of charge and offers numerous enhancements over legacy analog modeling tools. These improvements include: Complete support for advanced analog and digital system simulations, such as those used in AI and machine-learning applications. An upgraded simulation engine that uses advanced numerical methods and is optimized for modern computing hardware, including a GPU-rendered user interface and SSD-aware memory management, to provide dramatically higher speed and accuracy. Reduced overall runtimes and a 100% completion rate, based on Qorvo benchmark tests with a suite of challenging test circuits. This compares to a failure rate of up to 15% with these same test circuits using other popular SPICE simulators. Availability of a regularly updated QSPICE model library featuring Qorvo’s silicon carbide and advanced power management solutions, making it easy for customers to evaluate and design with Qorvo power. Annuncio • Jun 29
Qorvo, Inc., Annual General Meeting, Aug 15, 2023 Qorvo, Inc., Annual General Meeting, Aug 15, 2023, at 08:00 Central Daylight. Location: The Ritz-Carlton, 2121 McKinney Avenue Dallas Texas United States Agenda: To elect the nine director nominees named in the accompanying proxy statement to serve a one-year term and until their respective successors are duly elected and qualified or until their earlier resignation or removal; to approve, on an advisory basis, the compensation of company's Named Executive Officers; to ratify the appointment of Ernst & Young LLP as Qorvo’s independent registered public accounting firm for the fiscal year ending March 30, 2024; and to transact such other business that may properly come before the meeting. Annuncio • May 05
Qorvo, Inc. Provides Revenue Guidance for the Quarter Ending June 2023 Qorvo, Inc. provided revenue guidance for the quarter ending June 2023. For the quarter, the company expects Quarterly revenue of $620 million to $660 million. Reported Earnings • May 04
Full year 2023 earnings released: EPS: US$1.00 (vs US$9.38 in FY 2022) Full year 2023 results: EPS: US$1.00 (down from US$9.38 in FY 2022). Revenue: US$3.57b (down 23% from FY 2022). Net income: US$103.2m (down 90% from FY 2022). Profit margin: 2.9% (down from 22% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Mar 05
Independent Director recently sold €388k worth of stock On the 1st of March, Jeffery Gardner sold around 4k shares on-market at roughly €94.85 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Annuncio • Feb 08
BioSig Technologies, Inc. Announces CFO Changes BioSig Technologies, Inc. announced the retirement of chief financial officer Steve Chaussy following a distinguished career with the Company, and has named Steve Buhaly as his successor. Mr. Buhaly brings over 15 years of CFO experience at three public U.S. companies to his new role with BioSig. Mr. Chaussy’s successor Steve Buhaly is a long-tenured finance and technology executive who joined Qorvo (formerly TriQuint Semiconductor) as CFO in 2007, near the time when Apple began utilizing TriQuint chips in the iPhone. TriQuint became Qorvo in 2015 in a $4 billion combination with RF Micro Devices. During Mr. Buhaly’s tenure, Qorvo grew into an $11 billion market capitalization company and a world leader in innovative and high-performance radiofrequency (RF) solutions. Throughout his career, Mr. Buhaly has developed a strong cross-functional background in corporate finance, accounting, tax, IT, law, and investor relations. He co-led strategic transactions resulting in over $2 billion in M&A transactions and has helped companies raise $1 billion in the debt markets. He has been publicly recognized for his leadership during TriQuint's massive growth trajectory. Prior to TriQuint, Mr. Buhaly was CFO of Longview Fibre where he played a key role in executing the $2.3 billion sale of the company. Earlier he held both chief operating officer and chief financial officer roles with electronic display company Planar Systems. Since 2018, Mr. Buhaly has served as an advisor to multiple early-stage and small businesses and currently consults for cancer treatment innovator UbiVac. He has invested in nine private companies as an angel investor. Annuncio • Feb 03
Qorvo® Introduces Advanced Power Solution for Phased Array Systems Qorvo announced a compact, three-stage power solution for phased array commercial and defense radar. The three-chip solution provides configurable GaN bias point autocalibration, enabling engineers to maximize system performance for different GaN power amplifiers (PAs) without changing the board design. Qorvo’s new chipset optimizes one of the largest and most expensive parts of a phased array system: the pulsed-energy storage capacitors. Through an innovative new architecture, this solution reduces capacitance by up to 90%, shrinking system volume by up to 30% while reducing weight and operating costs. The new three-stage solution consists of the following: ACT43950is a high-voltage constant-current capacitor charge controller that works with Qorvo’s silicon carbide power switches to provide fully programmable output voltage and current, allowing customers to maximize system performance. This regulator’s architecture, in conjunction with the following stages, minimizes power storage capacitor requirements. ACT43850, an RF Point-of-Load (RFPoL) step-down DC-DC power converter, takes the output from the ACT43950 and steps it down to a well-regulated voltage optimized for Qorvo GaN power amplifiers. Its advanced configuration options allow RF system designers to minimize noise and EMI, maximizing the performance of the radar array. ACT43750 is a highly-integrated drain switch and negative gate voltage regulator PMIC that enables ultra-fast RF GaN PA drain switching. By automating gate voltage bias sequencing, autocalibration and dynamic bias recalibration, Qorvo simplifies system manufacturing while mitigating the effects of device aging and temperature on RF performance. Qorvo offers an evaluation board (CB1-750-850-950) that allows customers to test the performance of this three-stage solution with a wide set of RF GaN PAs. The evaluation board’s intuitive graphical user interface (GUI) allows customers to reconfigure the default settings to optimize performance for their specific PA. It demonstrates the reduced bulk capacitor requirements and gate bias autocalibration. The board’s flexible design can be used to evaluate the individual stages or the entire three-chip solution with an RF PA, enabling faster time to market. Reported Earnings • Feb 03
Third quarter 2023 earnings released: US$0.16 loss per share (vs US$1.97 profit in 3Q 2022) Third quarter 2023 results: US$0.16 loss per share (down from US$1.97 profit in 3Q 2022). Revenue: US$743.3m (down 33% from 3Q 2022). Net loss: US$15.9m (down 107% from profit in 3Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • Feb 02
Qorvo, Inc. Provides Earnings Guidance for the March 2023 Quarter Qorvo, Inc. provided earnings guidance for the March 2023 quarter. For the period, the company expected quarterly revenue of $600 million to $640 million. Annuncio • Jan 19
Qorvo, Inc. to Report Q3, 2023 Results on Feb 01, 2023 Qorvo, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 01, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Independent Director Judy Bruner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Second quarter 2023 earnings released: EPS: US$1.82 (vs US$2.88 in 2Q 2022) Second quarter 2023 results: EPS: US$1.82 (down from US$2.88 in 2Q 2022). Revenue: US$1.16b (down 7.7% from 2Q 2022). Net income: US$188.6m (down 41% from 2Q 2022). Profit margin: 16% (down from 25% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Sep 08
Independent Director recently sold €134k worth of stock On the 7th of September, Jeffery Gardner sold around 2k shares on-market at roughly €89.60 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Recent Insider Transactions • Aug 25
Insider recently sold €123k worth of stock On the 22nd of August, Frank Stewart sold around 1k shares on-market at roughly €101 per share. In the last 3 months, there was an even bigger sale from another insider worth €507k. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Reported Earnings • Aug 04
First quarter 2023 earnings released: EPS: US$0.65 (vs US$2.55 in 1Q 2022) First quarter 2023 results: EPS: US$0.65 (down from US$2.55 in 1Q 2022). Revenue: US$1.04b (down 6.8% from 1Q 2022). Net income: US$68.9m (down 76% from 1Q 2022). Profit margin: 6.7% (down from 26% in 1Q 2022). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 01
Independent Director recently sold €507k worth of stock On the 26th of May, Jeffery Gardner sold around 5k shares on-market at roughly €101 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Reported Earnings • May 06
Full year 2022 earnings released: EPS: US$9.26 (vs US$6.43 in FY 2021) Full year 2022 results: EPS: US$9.26 (up from US$6.43 in FY 2021). Revenue: US$4.65b (up 16% from FY 2021). Net income: US$1.03b (up 41% from FY 2021). Profit margin: 22% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.1% compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Independent Director Judy Bruner was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 04
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: US$1.95 (up from US$1.77 in 3Q 2021). Revenue: US$1.11b (up 1.7% from 3Q 2021). Net income: US$216.3m (up 7.6% from 3Q 2021). Profit margin: 19% (up from 18% in 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.4%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 07
Independent Director recently sold €177k worth of stock On the 3rd of December, John Harding sold around 1k shares on-market at roughly €134 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Reported Earnings • Nov 04
Second quarter 2022 earnings released: EPS US$2.84 (vs US$1.20 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$1.26b (up 18% from 2Q 2021). Net income: US$319.2m (up 133% from 2Q 2021). Profit margin: 25% (up from 13% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 04
Independent Director recently sold €266k worth of stock On the 2nd of September, John Harding sold around 2k shares on-market at roughly €156 per share. In the last 3 months, there was an even bigger sale from another insider worth €485k. Insiders have been net sellers, collectively disposing of €1.5m more than they bought in the last 12 months. Recent Insider Transactions • Aug 12
Independent Director recently sold €485k worth of stock On the 9th of August, Walter Wilkinson sold around 3k shares on-market at roughly €165 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Reported Earnings • Aug 05
First quarter 2022 earnings released: EPS US$2.51 (vs US$0.85 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$1.11b (up 41% from 1Q 2021). Net income: US$285.6m (up 195% from 1Q 2021). Profit margin: 26% (up from 12% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 27
Full year 2021 earnings released: EPS US$6.43 (vs US$2.86 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$4.02b (up 24% from FY 2020). Net income: US$733.6m (up 119% from FY 2020). Profit margin: 18% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 07
Full year 2021 earnings released: EPS US$6.32 (vs US$2.86 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$4.02b (up 24% from FY 2020). Net income: US$733.6m (up 119% from FY 2020). Profit margin: 18% (up from 10% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 18
Independent Director recently sold €176k worth of stock On the 16th of February, John Harding sold around 1k shares on-market at roughly €146 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months. Reported Earnings • Feb 05
Third quarter 2021 earnings released: EPS US$1.74 (vs US$1.39 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$1.09b (up 26% from 3Q 2020). Net income: US$201.0m (up 25% from 3Q 2020). Profit margin: 18% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Feb 05
Revenue beats expectations Revenue exceeded analyst estimates by 2.3%. Over the next year, revenue is forecast to grow 15%, compared to a 20% growth forecast for the Semiconductor industry in Germany. Is New 90 Day High Low • Jan 08
New 90-day high: €144 The company is up 23% from its price of €117 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €133 per share. Is New 90 Day High Low • Dec 07
New 90-day high: €136 The company is up 39% from its price of €98.00 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €118 per share. Recent Insider Transactions • Nov 11
Independent Director recently sold €552k worth of stock On the 9th of November, Susan Spradley sold around 4k shares on-market at roughly €128 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €863k more than they bought in the last 12 months. Is New 90 Day High Low • Nov 07
New 90-day high: €121 The company is up 10.0% from its price of €110 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €118 per share. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 4.7%. Over the next year, revenue is forecast to grow 14%, compared to a 19% growth forecast for the Semiconductor industry in Germany. Reported Earnings • Nov 07
Second quarter 2021 earnings released: EPS US$1.18 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.06b (up 31% from 2Q 2020). Net income: US$136.9m (up 65% from 2Q 2020). Profit margin: 13% (up from 10% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.