We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers’ most complex technical challenges. Monday, Dec 28, 2020. Want to see what’s on the minds of Qorvo experts? Free cash flow. 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”). Press release content from Globe Newswire. Non-GAAP net income and non-GAAP net income per diluted share exclude the effects of stock-based compensation expense, amortization of intangible assets, restructuring related charges, acquisition and integration related costs, loss (gain) on assets, accelerated depreciation, start-up costs, certain non-cash expenses, (gain) loss on investments, other (income) expense and also reflect an adjustment of income taxes. We … TAMPA, FLORIDA & RICHARDSON, TEXAS – December 8, 2014 – Modelithics, Inc., in partnership with TriQuint Semiconductor, has released the latest update to the growing library of high-accuracy non-linear simulation models for TriQuint gallium nitride (GaN) transistors. (1) Free Cash Flow is calculated as net cash provided by operating activities minus property and equipment expenditures. Qorvo’s Wi … Stock analysis for Qorvo Inc (QRVO:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Qorvo® Announces Fiscal 2021 Second Quarter Financial Results. Friday, Dec 11, 2020. The QPA9424 is a high-linearity three-stage power amplifier in a low-cost surface-mount package with on-chip bias control and temperature compensation circuits, suitable for … GREENSBORO, N.C., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today introduced two Wi … However, these non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. Management believes that net debt or positive net cash provides useful information regarding the level of Qorvo's indebtedness by reflecting cash and investments that could be used to repay debt. We also leverage 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. 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. Facebook; Twitter ; LinkedIn; Join Our Mailing List. Qorvo® Announces Fiscal 2021 Second Quarter Financial Results, Qorvo® to Webcast Quarterly Earnings Conference Call on November 4, 2020, Qorvo Announces Closing of $700 Million Senior Notes Offering, Qorvo Announces Pricing of $700 Million Senior Notes Offering, Qorvo Announces Proposed $700 Million Senior Notes Offering, Qorvo® Updates Financial Guidance for Fiscal 2021 Second Quarter, Qorvo® to Present at Citi's 2020 Global Technology Virtual Conference. Monday, Dec 28, 2020. GREENSBORO, N.C., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it proposes to offer, subject to market conditions and other factors, $700 million principal amount of senior notes due 2031 (the, GREENSBORO, N.C., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it is updating the financial guidance provided for the company’s fiscal 2021 second quarter in its earnings release and conference, GREENSBORO, N.C., Sept. 01, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that Company executives are scheduled to present at the Citi's 2020 Global Technology Virtual Conference on Tuesday, September 8, 2020 at, Qorvo® to Present at Barclays Global Technology, Media and Telecommunications Virtual Conference, Qorvo® to Present at Wells Fargo TMT Virtual Summit. Find the latest news headlines from Qorvo, Inc. Common Stock (QRVO) at Nasdaq.com. GREENSBORO, NC - January 5, 2021 - Qorvo ® (Nasdaq:QRVO), a leading provider of innovative solutions that connect and power the world, has been recognized by ZTE Corporation with two awards for outstanding customer support in 2020. 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. News Headlines for Qorvo Inc. Tuesday, Jan 05, 2021. 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. And more gains could come. All News Headlines and Company Releases. GREENSBORO, N.C., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, has acquired Paris-based 7Hugs Labs S.A.S., a leading software provider for ultra-wideband (UWB) applications. The MarketWatch News Department was not involved in the creation of this content. Moreover, we believe that the exclusion of stock-based compensation expense in presenting non-GAAP gross profit and gross margin and other non-GAAP financial measures is useful to investors to understand the impact of the expensing of stock-based compensation to Qorvo's gross profit and gross margins and other financial measures in comparison to prior periods. In addition, management relies upon these non-GAAP financial measures to assess whether research and development efforts are at an appropriate level, and when making decisions about product spending, administrative budgets, and other operating expenses. NEWS RELEASE Continued About Qorvo Inc. Qorvo (Nasdaq:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. GREENSBORO, N.C., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal 2021 second quarter, ended October 3, 2020. We believe that acquisition and integration related 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. Here’s what’s in store for Marvell Technology, Qualcomm and other semiconductor companies this year MarketWatch. 02:41 PM ET. Qorvo, Inc. is a provider of technologies and radio frequency (RF) solutions for mobile, infrastructure and defense and aerospace applications. Find the latest press releases from Qorvo, Inc. Common Stock (QRVO) at Nasdaq.com. Quorvo stock price target raised to $180 vs. $155 at Mizuho MarketWatch. Qorvo defines free cash flow as net cash provided by operating activities during the period minus property and equipment expenditures made during the period. Qorvo® Announces Fiscal 2021 Second Quarter Financial Results GREENSBORO, N.C., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal … We further compensate for the limitations of our use of non-GAAP financial measures by presenting the corresponding GAAP measures more prominently. GREENSBORO, N.C., Jan. 12, 2021 -- Qorvo® , a leading provider of innovative RF solutions that connect the world, today introduced two Wi-Fi 6E front end modules designed to maximize... | January 12, 2021 ET. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. All News Headlines and Company Releases. In managing Qorvo's business on a consolidated basis, management develops an annual operating plan, which is approved by our Board of Directors, using non-GAAP financial measures. Browse through our press releases and financial results, and learn details of our upcoming events and newest products. 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. We believe that these non-GAAP financial measures offer an additional view of Qorvo's operations that, when coupled with the GAAP results and the reconciliations to corresponding GAAP financial measures, provide a more complete understanding of Qorvo's results of operations and the factors and trends affecting Qorvo's business. We use ROIC to track how much value we are creating for our shareholders. New Release: Qorvo GaN Library 20.4.4: Modelithics, Inc. 9/29/2020 Modelithics Qorvo GaN Library v19.4.1 Now Available! We believe that restructuring related charges, acquisition and integration related costs, loss (gain) on assets, accelerated depreciation, 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. GREENSBORO, N.C., July 29, 2020 (GLOBE NEWSWIRE) -- Qorvo ® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for … Qorvo stock jumped on the news Wednesday, as did shares of peers Qualcomm and Skyworks Solutions . AP NEWS ... Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. Qorvo® to Present at Barclays Global Technology, Media and Telecommunications Virtual Conference. NEWS RELEASE Continued About Qorvo Inc. Qorvo (Nasdaq:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. On a GAAP basis, revenue for Qorvo’s fiscal 2020 fourth quarter was $788 million, gross margin was 42. All News: Press Releases: Official Publications: Sector news: MarketScreener Strategies: Analyst Recommendations: Qorvo : to Present at Wells Fargo TMT Virtual Summit. Management believes that this measure is useful to evaluate our ongoing operations and as a general indicator of our operating cash flow (in conjunction with a cash flow statement which also includes among other items, changes in working capital and the effect of non-cash charges). News Headlines for Qorvo Inc. Tuesday, Jan 05, 2021. 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