Qorvo® Reports Fiscal 2016 Third Quarter Results


   SELECTED NON-GAAP RESULTS1 
     (Unaudited)   
  (In millions, except for percentages and EPS) 
   Qorvo  Qorvo   
   For the quarter
ended January 2,
2016
  For the quarter
ended October 3,
2015
  Change vs. Q2
FY 2016
 
Revenue$       619.7 $       707.4 $        (87.7) 
Gross profit$296.7 $351.6 $(54.9) 
Gross margin 47.9% 49.7% -1.8    ppt
Operating expenses$139.8 $156.8 $(17.0) 
Operating income$156.9 $194.8 $(37.9) 
Net income$148.0 $183.3 $(35.3) 
Weighted average diluted shares 144.1  150.8  (6.7) 
Diluted EPS$1.03 $1.22 $(0.19) 


   SELECTED GAAP RESULTS
     (Unaudited)  
  (In millions, except for percentages and EPS)
   Qorvo  RFMD  TriQuint
   For the quarter
ended January 2,
2016
  For the quarter
ended December 27,
2014
  For the quarter
ended December 31,
2014
Revenue$       620.7 $       397.1 $         344.9 
Gross profit$231.0 $190.7 $161.3 
Gross margin 37.2% 48.0% 46.8%
Operating expenses$244.2 $87.1 $85.0 
Operating (loss) income$(13.2)$103.6 $76.3 
Net (loss) income$(11.1)$87.9 $61.6 
Weighted average diluted shares before conversion N/A       297.8  188.4 
Conversion rate  2  N/A         0.25     0.4187  
Adjusted weighted average diluted shares   139.3     74.5     78.9  
Diluted EPS after conversion $ (0.08 ) $ 1.18   $ 0.78  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »
Featured Video
Jobs
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Upcoming Events
Phil Kaufman Award Ceremony and Banquet to be held November 6 at Hayes Mansion at Hayes Mansion 200 Edenvale Ave San Jose CA - Nov 6, 2024
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise