Benzinga | Nov 4, 2020 04:00PM EST

Qorvo Q2 Adj. EPS $2.43 Beats $2.12 Estimate, Sales $1.06B Beat $1.01B Estimate

Qorvo (NASDAQ:QRVO) reported quarterly earnings of $2.43 per share which beat the analyst consensus estimate of $2.12 by 14.62 percent. This is a 59.87 percent increase over earnings of $1.52 per share from the same period last year. The company reported quarterly sales of $1.06 billion which beat the analyst consensus estimate of $1.01 billion by 4.95 percent. This is a 31.40 percent increase over sales of $806.70 million the same period last year.