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Qorvo Inc (QRVO.OQ)

QRVO.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Qorvo Says Co, Certain Units Entered 5-Year Unsecured Senior Credit Facility‍​
Wednesday, 6 Dec 2017 09:21am EST 

Dec 6 (Reuters) - Qorvo Inc ::QORVO INC - ON DECEMBER 5, 2017 CO, CERTAIN UNITS OF CO ENTERED INTO A FIVE-YEAR UNSECURED SENIOR CREDIT FACILITY PURSUANT TO A CREDIT AGREEMENT‍​.QORVO SAYS CREDIT AGREEMENT INCLUDES $300 MILLION SENIOR REVOLVING LINE OF CREDIT, $400 MILLION SENIOR DELAYED DRAW TERM LOAN - SEC FILING.QORVO INC - ‍IN CONNECTION WITH EXECUTION OF CREDIT AGREEMENT, ON DEC 5, CREDIT AGREEMENT DATED APRIL 7, 2015 TERMINATED BY CO.QORVO SAYS MAY REQUEST CREDIT FACILITY BE INCREASED BY UP TO $300 MILLION, SUBJECT TO SECURING ADDITIONAL FUNDING COMMITMENTS FROM EXISTING OR NEW LENDERS.QORVO INC - ‍$100 MILLION OF TERM LOAN WAS FUNDED ON DEC 5, WITH REMAINDER AVAILABLE IN UP TO TWO ADVANCES WITHIN SIX MONTHS FOLLOWING DEC 5.  Full Article

Qorvo Inc Q2 earnings per share $0.27
Wednesday, 1 Nov 2017 04:00pm EDT 

Nov 1 (Reuters) - Qorvo Inc :qorvo® announces fiscal 2018 second quarter financial results.Q2 earnings per share $0.27.Q2 revenue $821.6 million versus I/B/E/S view $810.2 million.Q2 earnings per share view $1.44 -- Thomson Reuters I/B/E/S.Sees ‍non-GAAP revenue in range of $830 million to $850 million for December 2017 quarter​.  Full Article

Qorvo Inc says‍ entered into a channel partnership with Veterans Trading Company​
Monday, 18 Sep 2017 08:00am EDT 

Sept 18 (Reuters) - Qorvo Inc :Qorvo Inc - entered into a channel partnership with Veterans Trading Company​.  Full Article

Qorvo Q1 loss per share $0.24
Wednesday, 2 Aug 2017 04:00pm EDT 

Aug 2 (Reuters) - Qorvo Inc :Qorvo announces fiscal 2018 first quarter results.Q1 loss per share $0.24.Q1 revenue $640.8 million versus I/B/E/S view $631.4 million.Q1 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Qorvo Inc sees Q2 non-GAAP quarterly revenue in range of $800 million to $820 million.Qorvo Inc sees for September 2017 quarter, ‍quarterly non-GAAP revenue in range of $800 million to $820 million ​.Qorvo Inc sees Q2 non-GAAP gross margin of approximately 47.8%, up 50 BPS from prior quarter.Q2 earnings per share view $1.52, revenue view $845.1 million -- Thomson Reuters I/B/E/S.Qorvo Inc sees for September 2017 quarter, ‍quarterly non-gaap diluted EPS in range of $1.36 to $1.50​.  Full Article

Qorvo announces Q4 revenue $643 million
Wednesday, 3 May 2017 04:01pm EDT 

May 3 (Reuters) - Qorvo Inc :Qorvo® announces fiscal 2017 fourth quarter results.Q4 earnings per share $0.43.Q4 revenue $643 million versus I/B/E/S view $631.9 million.Q4 earnings per share view $0.81 -- Thomson Reuters I/B/E/S.Non-GAAP quarterly revenue in range of $610 million to $650 million expected for June 2017 quarter.Non-GAAP gross margin of approximately 47% expected for June 2017 quarter.For June 2017 quarter, non-GAAP diluted EPS expected in range of $0.70 to $0.90.  Full Article

Qorvo Q3 non-gaap EPS $1.35
Wednesday, 1 Feb 2017 04:01pm EST 

Qorvo Inc : Qorvo® reports fiscal 2017 third quarter results . Sees Q4 2017 earnings per share $0.70 to $0.90 . Q3 revenue $826.3 million versus I/B/E/S view $821.3 million . Qtrly loss per share $0.62 . Sees Q4 revenue in range of $610 million to $650 million . Sees Q4 gross margin of approximately 46 pct . Qtrly non-gaap earnings per share $1.35 .Q4 earnings per share view $1.04, revenue view $719.1 million -- Thomson Reuters I/B/E/S.  Full Article

Qorvo® announces $500 million share repurchase program
Thursday, 3 Nov 2016 04:02pm EDT 

Qorvo Inc : New repurchase program includes approximately $159 million authorized on a prior program that was set to expire on november 4, 2016 .qorvo® announces $500 million share repurchase program.  Full Article

Qorvo® reports Q2 earnings per share $0.09
Thursday, 3 Nov 2016 04:01pm EDT 

Qorvo Inc : Qorvo® reports fiscal 2017 second quarter results . Sees q3 2017 earnings per share $1.15 to $1.35 . Q2 earnings per share $0.09 . Sees q3 2017 revenue $800 million to $840 million . Q2 revenue $864.7 million versus i/b/e/s view $834.8 million .Q2 earnings per share view $1.41 -- Thomson Reuters I/B/E/S.  Full Article

Qorvo's audit report opines co did not maintain effective control over financial reporting
Wednesday, 20 Jul 2016 11:20am EDT 

Qorvo Inc : Audit report as of april 2 expresses opinion that co did not maintain effective internal control over financial reporting as of april 2, 2016 .Opinion that co did not maintain effective internal control due to effect of material weakness on achievement of objectives of control criteria.  Full Article

Qorvo names Mark Murphy as CFO
Thursday, 26 May 2016 08:04am EDT 

Qorvo Inc : Mark Murphy will succeed Steven Buhaly . Buhaly will remain in an advisory capacity until July 31, 2016 . Murphy most recently served as executive vice president and chief financial officer of Delphi Automotive Plc .Qorvo announces appointment of Mark J. Murphy as CFO.  Full Article

BRIEF-Qorvo Says Co, Certain Units Entered 5-Year Unsecured Senior Credit Facility‍​

* QORVO INC - ON DECEMBER 5, 2017 CO, CERTAIN UNITS OF CO ENTERED INTO A FIVE-YEAR UNSECURED SENIOR CREDIT FACILITY PURSUANT TO A CREDIT AGREEMENT‍​