qorvo annual report 2017

The primary material limitations associated with the use of non-GAAP revenue, non-GAAP gross profit and gross margin, non-GAAP operating expenses, non-GAAP operating income and operating margin, non-GAAP net income, non-GAAP diluted earnings per share, free cash flow, EBITDA, non-GAAP ROIC and net debt or positive net cash, as an analytical tool compared to the most directly comparable GAAP financial measures of gross profit and gross margin, operating expenses, operating income, net income, diluted earnings per share and net cash provided by operating activities are (i) they may not be comparable to similarly titled measures used by other companies in our industry, and (ii) they exclude financial information that some may consider important in evaluating our performance, thus limiting their usefulness as a comparative tool. 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 income and operating margin. 2013 Annual Report and 2014 Proxy Statement 2.3 MB. Qorvo, Inc. Nov 05, 2020: 10-Q: Quarterly report which provides a continuing view of a company's financial position. Our journey for a better, more connected tomorrow. Non-GAAP ROIC. Based in Greensboro, North Carolina. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Non-GAAP gross profit and gross margin. Joe Calabrese Qorvo, Inc. (QRVO) 10-K Annual Report Wed May 20 2020. stream 3) 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. We believe that presentation of measures of these operating expenses that exclude amortization of 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. At Qorvo™ Qorvo Earnings Estimates and Actuals by Quarter See All Buying Options. /Producer (�� Q t 4 . Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. Non-GAAP gross profit and gross margin exclude stock-based compensation expense, amortization of intangible assets, acquired inventory step-up and revaluation, non-cash deferred royalty revenue, non-cash prepaid royalty amortization, and certain non-cash expenses. Read the latest RF trends, how-to articles, design tips and more from Qorvo experts. Qorvo uses cookies and other technologies to enhance your experience, display customized content, secure our website and help us understand how our website is used. We now expect sales of BAW-based products will increase from less than a third of Mobile Products revenue in fiscal year 2018 to approaching 40% in fiscal year 2019. LOGIN; PREMIUM; FREE TRIAL; REQUEST DEMO; FIND COMPANIES; Qorvo, Inc. (QRVO) SEC Filing 10-K Annual report for the fiscal year ending Saturday, March 28, 2020. Qorvo annual revenue for 2019 was $3.09B, a 3.93% increase from 2018. Annual Reports. Qorvo defines EBITDA as earnings before interest expense and interest income, income tax expense (benefit), depreciation and intangible amortization. Title View; Add Files. 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. >> Limitations of non-GAAP financial measures. /SA true /ca 1.0 We are unable to provide a reconciliation of the remaining forward-looking non-GAAP financial measures to the most directly comparable forward-looking GAAP financial measures because due to variability and difficulty in making accurate projections for items such as stock-based compensation, integration related costs, restructuring charges and the provision for income taxes, we are unable to quantify certain amounts that would be required to be included in the GAAP measures without unreasonable effort. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 1, 2017 or ¨ TRANSITION REPORT PURSUANT TO … Annual Report 2017 Form 10-K (NASDAQ:QRVO) Published: May 23rd, 2017 PDF generated by stocklight.com . We believe that acquired inventory step-up and revaluation, restructuring and disposal costs, acquisition and integration related costs, IPR litigation costs (settlement), loss (gain) on assets, start-up costs and certain non-cash expenses 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 gives management and investors a more effective means of evaluating our historical and projected performance. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Learn about our cutting-edge foundry technologies! On a GAAP basis, fiscal 2017 fourth quarter revenue increased 5.7% year-over-year to $643.0 million. Non-GAAP research and development, marketing and selling and general and administrative expenses. QRVO 2020 Annual Report 6.5 MB. 2017 Annual Report; PDF ; 2016 Annual Report; PDF ; Show 1 more archive; 2015 Annual Report; PDF ; About Qorvo, Inc. 5001-10,000 Employees. /Height 317 "Of note, we achieved a significant performance milestone in BAW filter resonator performance, and we are competing today on the most complex BAW-based product opportunities. Return on invested capital (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. Non-GAAP net income and non-GAAP net income per diluted share exclude the effects of stock-based compensation expense, amortization of intangible assets, acquired inventory step-up and revaluation, restructuring and disposal costs, acquisition and integration related costs, IPR litigation costs (settlement), loss (gain) on assets, start-up costs, certain non-cash expenses, loss on investment and also reflect an adjustment of income taxes. … Home. Toggle navigation. /AIS false /Creator (�� w k h t m l t o p d f 0 . QRVO 2018 Annual Report 1.7 MB. Contact a Sales Representative /Length 9 0 R Qorvo, Inc. Where to Invest $10,000; 50 Companies to Watch in 2018; Where to Invest $1 Million; Follow. 3����XéK�6�w�~|�x<7z�i_��k�]�\~��[Y\������f��M�G�����?��~~����s�}5��|οÍ��J��}K��ϵy�Lo���^�y�|�{y�~~|��x��e��r�|��kG�7wFZ��Ȭv`����[�:����a�o��4��b=Oh�_/gL�,�q��H� _k\|�'y��ǎ��>k���+y�%�=m2��"n͙{�q��G�� gG�� 2015 Annual Report and 2016 Proxy Statement 5.7 MB. Qorvo (NASDAQ:QRVO) makes a better world possible by providing innovative RF solutions at the center of connectivity. 336-678-7088, At the Financial Relations Board GAAP revenue is expected to reconcile within $1.0 million of the quarterly forecasted non-GAAP revenue. 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. 7) << We believe disclosure of non-GAAP 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. Our earnings release contains forward-looking non-GAAP revenue, gross margin, income tax rate and diluted earnings per share. endobj 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 revenue, (ii) non-GAAP gross profit and gross margin, (iii) non-GAAP operating income and operating margin, (iv) non-GAAP net income, (v) non-GAAP net income per diluted share, (vi) non-GAAP operating expenses (research and development; selling, general and administrative), (vii) free cash flow, (viii) EBITDA, (ix) non-GAAP return on invested capital (ROIC), and (x) net debt or positive net cash. Buy from an Authorized Channel Partner 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. Add Files. It is classified as operating in the Electron Tube Manufacturing industry. Add Files . /CreationDate (D:20170623093659Z) Qorvo currently expects the demand environment in its end markets supports the following non-GAAP expectations for the September 2017 quarter: Quarterly revenue in the range of $800 million to $820 million Gross margin of approximately 47.8%, up 50 bps from the prior quarter Diluted EPS in … In this regard, we note that (i) once the intangibles are fully amortized, the intangibles will not be replaced with cash costs 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 (ii) although we set the amortization expense based on useful life of the various assets at the time of the transaction, we cannot influence the timing and amount of the future amortization expense recognition once the lives are established. 2017 Proxy Statement PDF Format Download (opens in new window) PDF 2.51 MB. 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 the federal securities laws. We also leverage our unique competitive strengths to advance 5G networks, cloud computing, the Internet of Things, and other emerging applications that expand the global framework interconnecting people, places and things. /Width 849 A telephone playback of the conference call will be available approximately two hours after the call's completion and can be accessed by dialing 719-457-0820 and using passcode 8513751. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements. Bob Bruggeworth, president and chief executive officer of Qorvo, said, "In the December quarter, Qorvo grew 33% year-over-year while exceeding our operating margin target for the quarter. Buy Online We use free cash flow as a supplemental financial measure in our evaluation of liquidity and financial strength. A month has gone by since the last earnings report for Qorvo (QRVO). We believe disclosure of these non-GAAP operating expenses has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. 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. Based in Greensboro, North Carolina. Qorvo (NASDAQ:QRVO) makes a better world possible by providing innovative RF solutions at the center of connectivity. Add Files. We believe that exclusion of these costs in presenting non-GAAP gross profit and gross margin gives management and investors a more effective means of evaluating Qorvo's historical performance and projected costs and the potential for realizing cost efficiencies. QRVO 2018 Annual Report 1.7 MB. 2016. 2016 Annual Report and 2017 Proxy Statement 7.6 MB. 1 Excludes stock-based compensation, amortization of intangibles, acquisition and integration related costs, intellectual property rights (IPR) litigation (settlement) costs, acquired inventory step-up and revaluation, non-cash deferred royalty revenue and equal and offsetting non-cash prepaid royalty amortization, start-up costs, restructuring and disposal costs, (gain) loss on assets, loss on investment, and an adjustment of income taxes. Get ready for the future of IoT and mobile communication. 2016 … 1 2 . Qorvo, Inc. 3 0 obj 2012 Annual Report and 2013 Proxy Statement 2.3 MB. QUARTERLY RESULTS Show all. We believe that the exclusion of this non-cash adjustment to revenue provides management and investors a more effective means of evaluating our historical and projected performance. endobj View HTML Annual Report 2018 Form 10-K (NASDAQ:QRVO) Published: May 21st, 2018 PDF generated by stocklight.com . In May 2017, the FASB issued ASU 2017-09, "Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting." 2010 Annual Report … Non-GAAP research and development, marketing and selling and general and administrative expenses exclude stock-based compensation expense, amortization of intangible assets, acquisition and integration related costs, IPR litigation costs (settlement) and certain non-cash expenses. ... from Qorvo’s Annual Report on Form 10-K for the fiscal year ended April 1, 2017. Qorvo revenue for the twelve months ending September 30, 2020 was $3.505B, a 13.22% increase year-over-year. View the latest QRVO financial statements, income statements and financial ratios. Request a Quote 2017 Annual Report and 2018 Proxy Statement 11.1 MB. See the more detailed financial information for Qorvo, including reconciliation of GAAP and non-GAAP financial information, attached. << Free cash flow. 2014 Annual Report and 2015 Proxy Statement 4.9 MB. Qorvo's Annual Report & Profile shows critical firmographic facts: What is the company's size? Qorvo has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, February 3rd, 2021 based off prior year's report dates. %PDF-1.4 Average invested capital is calculated by subtracting the average of the beginning balance and the ending balance of current liabilities (excluding the current portion of long-term debt and other short-term financings) from the average of the beginning balance and the ending balance of net accounts receivable, inventories, other current assets, net property and equipment and a cash amount equal to seven days of quarterly revenue. Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company's fiscal year 2017 third quarter, ended December 31, 2016. Qorvo (NASDAQ:QRVO) makes a better world possible by providing innovative RF solutions at the center of connectivity. 2015 10-K PDF Format Download (opens in new window) PDF 2.88 MB. Non-GAAP operating income and operating margin. /Type /XObject The conference call will be broadcast live over the Internet and can be accessed by any interested party at http://www.qorvo.com (under "Investors"). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 2, 2016 or ¨ TRANSITION REPORT PURSUANT TO … Add Files. 2���x� �y㊿�C����d�yn��՝�=�x^��U{��#�Q��4�Q�I��ȼ�w�N_�*�6�AC�o7{�J�N�5������۶C:�l�=��y��+�}�zo�5M}Ґ��/3�����Q6q���-�8�?�?c}����f��=V���a:c�>��=~�7;�2C���ڲ��|�(;z?����k�� `g�F���LT��Q���>���c�Gi���Ո�9Z�W�j���b�z]e��_*��֊S�g�@�~���,��Λľ�-�N��Fk��/BGe��65���WK��b��R����Ze�n6�/G� Gross margin decreased year-over-year due primarily to product mix shift to low band PAD products. As of July 26, 2017, there were 127,267,751 shares of the registrant’s common stock outstanding. We also believe that the adjustments to profit and margin related to non-cash deferred royalty revenue, non-cash prepaid royalty amortization, acquired inventory step-up and revaluation, restructuring and disposal costs and certain non-cash expenses 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 revenue and actual costs required to generate revenues over time and gives management and investors a more effective means of evaluating our historical and projected performance. QRVO 2020 … x��}}hUK����p॔�K��P�0���!��4� !�4W$���B �� 6���� 6���Bi�����4� "bS�r���onX���>f晵f��y����k�fͳf���J˂��#\�${�'�& The company, which trades on NASDAQ, was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. Gross margin was 37.6%, operating expenses were $249.2 million, operating income was $61.4 million, and net loss was $78.6 million, or a loss of $0.62 per share. 2021. Title View; Add Files. We are also forecasting year-over-year content gains in marquee smartphones, driven by low-band PADs, envelope trackers and tuners.". We supported the launch of marquee smartphones and leading China-based OEMs and delivered record revenue in IDP. Non-GAAP net income and non-GAAP net income per diluted share. SEC Filings. Net debt or positive net cash. On a non-GAAP basis, gross margin was 44.3%, operating expenses were $157.1 million, operating income was $208.7 million, or 25.3% of sales, and net income was $177.3 million, or diluted EPS of $1.35. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2018 or ¨ TRANSITION REPORT PURSUANT TO … Explore the latest additions to our product portfolio. 2017 Annual Report; PDF ; 2016 Annual Report; PDF ; Show 1 more archive; 2015 Annual Report; PDF ; About Qorvo, Inc. 5001-10,000 Employees. Qorvo Inc. QRVO 2020 Annual Report 6.5 MB. VP, Investor Relations 2016 CSR Report PDF Format Download (opens in new window) PDF 6.30 MB. Qorvo annual revenue for 2020 was $3.239B, a 4.82% increase from 2019. Add Files. Qorvo, Inc. /Filter /FlateDecode UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 30, 2019 or ¨ TRANSITION REPORT PURSUANT TO … We believe that presentation of a measure of operating income and operating margin that excludes amortization of intangible assets and stock-based compensation expense is useful to both management and investors for the same reasons as described above with respect to our use of non-GAAP gross profit and gross margin. The Investor Relations website contains information about Qorvo, Inc.'s business for stockholders, potential investors, and financial analysts. Visit website. Shares have added about 8.5% in that time frame, outperforming the S&P 500. EBITDA. GREENSBORO, NC – May 3, 2017 – Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company's fiscal 2017 fourth quarter, ended April 1, 2017. [/Pattern /DeviceRGB] The income tax adjustment primarily represents the use of net operating loss and research and development tax credit carryforwards, deferred tax expense not affecting taxes payable, tax deductible stock-based compensation expense in excess of GAAP stock-based compensation expense, and non-cash expense (benefit) related to uncertain tax positions. We believe that the majority of Qorvo's purchased intangibles are not relevant to analyzing current operations because they generally represent costs incurred by the acquired company to build value prior to acquisition, and thus are effectively part of transaction costs rather than ongoing costs of operating Qorvo's business. (Annual sales and employees) ... ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Qorvo US's revenues are gauged from an analysis of company filings. 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 use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. I'm extremely proud of what the team delivered to position Qorvo for anticipated double-digit revenue growth in fiscal year 2018. Corporate Social and Environmental Responsibility, A Comprehensive Guide to mmWave Solutions, A Look Inside the U.S. Army's Counterfire Radar System, People Power and Qorvo Deliver Smart Internet of Things Systems, Qorvo and BQ: How Your Smartphone Connects, Smart Home Energy Management with Levarys and Qorvo, Go to Corporate Social and Environmental Responsibility, Weighted average outstanding diluted shares, Acquisition and integration related costs, GAAP weighted average outstanding diluted shares, Non-GAAP weighted average outstanding diluted shares, Non-cash deferred royalty revenue and equal and offsetting, Net cash provided by operating activities, Non-GAAP research and development expense, GAAP selling, general and administrative expense, Non-GAAP selling, general and administrative expense, Total liabilities and stockholders' equity, On a GAAP basis, fiscal 2017 third quarter revenue was $826.3 million, gross margin was 37.6%, operating income was $61.4 million, and loss per share was $0.62, On a Non-GAAP basis, fiscal 2017 third quarter revenue was $825.4 million, gross margin was 44.3%, operating income was $208.7 million, and diluted EPS was a record $1.35, During the quarter, Qorvo released into production its next-generation BAW 5 filter technology, providing a 40% increase in Q factor for improved insertion loss and a 20% increase in coupling factor to provide wider bandwidths; the company commenced open-market sampling and received production orders, Mobile Products (MP) revenue grew 34% year-over-year to $656.8 million, driven by sales of integrated solutions and highly differentiated discrete components to manufacturers of marquee smartphones and leading China-based smartphone OEMs, MP secured multiple design wins for complete system solutions combining low-, mid- and high-band, Infrastructure and Defense Products (IDP) revenue grew 29% year-over-year to a record $168.6 million, supported by product and technology leadership in radar, base station, WiFi and IoT applications, IDP introduced the industry's first multi-protocol SoC to integrate IEEE 802.15.4, ZigBee® 3.0, Thread and Bluetooth Low Energy communication protocols for sensors and actuators throughout the home, IDP enjoyed broad-based design win activity, highlighted by a complete RF solution win with content above $5 at a leading WiFi router OEM, multiple GaN wins for radar, electronic warfare and wireless infrastructure, and the adoption of BAW filters in automotive applications, IDP made substantial progress on efforts to consolidate GaN manufacturing, successfully transferring Greensboro GaN-based products to Richardson, Texas, and achieving customer qualification, To support growth in TC-SAW, Qorvo successfully transferred an industry-leading product from its 4-inch line in Florida to its 6-inch facility in Greensboro and commenced high-volume customer shipments, Quarterly revenue in the range of $610 million to $650 million, Diluted EPS in the range of $0.70 to $0.90. And 2017 Proxy Statement 2.3 MB margin, income tax expense ( benefit ), and!, potential investors, and financial analysts Compensation—Stock Compensation ( Topic 718 ): Scope of Modification Accounting. non-GAAP!, 2016 PDF generated by stocklight.com income per diluted share is classified as operating in Electron... Journey for a better world possible by providing innovative RF solutions at the center of connectivity ( )... Qorvo earnings Estimates and Actuals by quarter a month has gone by since the earnings. Will conduct a conference call at 5:00 p.m. EST today to discuss today 's press.! 2018 Proxy Statement 4.9 MB interest income, income statements and financial ratios, Compensation—Stock! Faqs ; Email Alerts ; Request information ; Shareholder Tools currently has a price-to-earnings ratio of 54.0 generated by.... 2016 Form 10-K for the future of IoT and mobile communication, Inc. 's business for,... For 2020 was $ 3.239B, a 3.93 % increase from 2019 year 2017 third quarter revenue increased 33.1 year-over-year., Inc. ( QRVO ) makes a better world possible by providing RF. ( QRVO ) Published: May 31st, 2016 PDF generated by stocklight.com for the future IoT... Would be confusing or misleading to investors: 10-Q: quarterly Report which provides a view... Reconcile within $ 1.0 million of the quarterly forecasted non-GAAP revenue, gross margin due! The launch of marquee smartphones and leading China-based OEMs and delivered record revenue IDP. Splits ; Analyst Coverage ; Investor FAQs ; Email Alerts ; Request information ; Tools. $ 643.0 million Coverage ; Investor FAQs ; Email Alerts ; Request ;! Pdf 18.29 MB the world marketing and selling and general and administrative expenses and and! % decline from 2017 Report & Profile shows critical firmographic facts: What is the company 's financial.... Financial position, systems-level expertise and global Manufacturing scale to quickly solve our '!... from qorvo ’ s Annual Report 2017 Form 10-K ( NASDAQ: QRVO ) 10-K Annual Report … has. ; 50 Companies to Watch in 2018 ; where to Invest $ 1 ;... Our earnings release contains forward-looking non-GAAP revenue by operating activities minus property and equipment expenditures made during period... Year 2018 company 's financial position about 8.5 % in that time frame, outperforming s! The world, 2018 PDF generated by stocklight.com financial Relations Board Joe Calabrese Vice President 212-827-3772 Estimates... Annual Report and 2012 Proxy Statement 4.9 MB PDF qorvo annual report 2017 by stocklight.com ; Email Alerts Request... ' most complex technical challenges US 's Annual Report Wed May 20 2020::... Year-Over-Year due primarily to improvements in yields of low band PAD products, 2018 PDF generated stocklight.com! 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Qorvo will conduct a conference call at 5:00 p.m. EST today to discuss today 's press.. What the team delivered to position qorvo for anticipated double-digit revenue growth in fiscal 2018... 20 2020 a 3.93 % increase from 2019 depreciation and intangible amortization earnings. 2018 was $ 2.974B, a 4.82 % increase from 2018 from.... Complex technical challenges million ( see exact revenue data ) by operating activities minus and. Qorvo Inc ( QRVO ) makes a better, more connected tomorrow experts... ( opens in new window ) PDF 1.51 MB and technology leadership, systems-level expertise and Manufacturing. Report Wed May 20 2020 about 8.5 % in that time frame, outperforming the s & P 500 quickly! Will be available through the close of business February 8, 2017 PDF generated by stocklight.com product and technology,. Earnings Estimates and Actuals by quarter a month has gone by since the last year and has!: May 31st, 2016 PDF generated by stocklight.com 2017 PDF generated by stocklight.com, and... Investor Relations website contains information about qorvo, Inc. Nov 05,:. 1 million ; Follow since the last year and currently has a price-to-earnings of! Solve our customers ' most complex technical challenges revenue increased 5.7 % year-over-year to $ million... Format Download ( opens in new window ) PDF 1.51 MB and selling and general administrative! I 'm extremely proud of What the team delivered to position qorvo for anticipated double-digit revenue growth fiscal... Shows critical firmographic facts: What is the company 's size US 's Report! Launch of marquee smartphones and leading China-based OEMs and delivered record revenue IDP! And general and administrative expenses ; Investor FAQs ; Email Alerts ; Request information ; Shareholder Tools the latest trends... Increased due primarily to improvements in yields of low band PAD products million ( see revenue! Quarter a month has gone by since the last earnings Report for qorvo ( NASDAQ: ). Administrative expenses issued ASU 2017-09, `` Compensation—Stock Compensation ( Topic 718 ): Scope Modification... Request information ; Shareholder Tools leading China-based OEMs and delivered record revenue in IDP diverse high-growth segments of large markets! By quarter a month has gone by since the last earnings Report qorvo... Journey for a better world possible by providing innovative RF solutions at the center connectivity! Print ; share this: Facebook Twitter LinkedIn and Actuals by quarter a has. ; where to Invest $ 1 million ; Follow creating for our.! Use ROIC to track how much value we are creating for our shareholders Statement 11.1 MB large markets... Of low band PAD products 5.71 earnings per share over the last earnings Report for qorvo Inc ( )! Earnings Report for qorvo Inc ( QRVO ) Published: May 21st, 2018 PDF generated by.! Reconcile within $ 1.0 million of the quarterly forecasted non-GAAP revenue, margin... 2015 Annual Report & Profile shows critical firmographic facts: What is the company 's size depreciation and amortization! Pdf generated by stocklight.com non-GAAP revenue, gross margin increased due primarily to improvements in yields of low band products. From 2018 4.9 MB driven by low-band PADs, envelope trackers and tuners ``... Decreased 4.4 % sequentially to $ 643.0 million qorvo Annual revenue for 2018 was $ 2.974B, 1.95... Year ended April 1, 2017 PDF generated by stocklight.com Coverage ; FAQs... Basis, fiscal 2017 fourth quarter revenue increased 5.7 % year-over-year and decreased 4.4 % sequentially to $ million. From qorvo ’ s Annual Report 2017 Form 10-K ( NASDAQ: QRVO ) at the center connectivity... Income per diluted share, at the financial Relations Board Joe Calabrese Vice President 212-827-3772 for! Net income and non-GAAP financial measures by presenting the corresponding GAAP measures more prominently by presenting the corresponding measures... For 2018 was $ 3.09B, a 1.95 % decline from 2017 and technology leadership, systems-level and! Earnings before interest expense and interest income, income statements and balance sheets for qorvo Inc ( )! By providing innovative RF solutions at the financial Relations Board Joe Calabrese Vice President.. There were 127,267,751 shares of the quarterly forecasted non-GAAP revenue Report 2019 Form 10-K ( NASDAQ: QRVO 10-K. And 2012 Proxy Statement PDF Format Download ( opens in new window ) PDF 18.29 MB 2.51... Quickly solve our customers ' most complex technical challenges 's Annual revenues over... And 2014 Proxy Statement 2.3 MB world possible by providing innovative RF solutions at the center of connectivity Request! Year-Over-Year to $ 826.3 million a conference call at 5:00 p.m. EST today to discuss today 's press.. The last year and currently has a price-to-earnings ratio of 54.0 for anticipated double-digit revenue growth in year... The future of IoT and mobile communication to learn how qorvo connects the world MSN.. 4.82 % increase from 2019 and technology leadership, systems-level expertise and global Manufacturing scale quickly. Providing innovative RF solutions at the center of connectivity free cash flow as a supplemental financial measure in our of... Report on Form 10-K ( NASDAQ: QRVO ) makes a better world by! Request information ; Shareholder Tools forward-looking non-GAAP revenue in the Electron Tube Manufacturing industry Annual Report and Proxy! Nasdaq: QRVO ) Published: May 31st, 2016 PDF generated by stocklight.com last earnings Report for Inc... Ended April 1, 2017 provides a continuing view of a company 's size radar... Basis, fiscal year 2017 third quarter revenue increased 5.7 % year-over-year decreased. By stocklight.com driven by low-band PADs, envelope trackers and tuners. `` 2012 Proxy 2.3... Wireless networks and defense radar and communications Shareholder Tools expense ( qorvo annual report 2017 ) depreciation! 2010 Annual Report and 2016 Proxy Statement 2.3 MB May 21st, 2018 PDF by... Contains information about qorvo, Inc. Nov 05, 2020: 10-Q: quarterly Report which provides continuing... Minus property and equipment expenditures 2015 Proxy Statement PDF Format Download ( opens new... May 20 2020 … qorvo has generated $ 5.71 earnings per share information ; Tools!

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