Benzinga | May 5, 2021 04:01PM EDT

Qorvo Q4 Adj. EPS $2.74 Beats $2.43 Estimate, Sales $1.07B Beat $1.04B Estimate

Qorvo (NASDAQ:QRVO) reported quarterly earnings of $2.74 per share which beat the analyst consensus estimate of $2.43 by 12.76 percent. This is a 74.52 percent increase over earnings of $1.57 per share from the same period last year. The company reported quarterly sales of $1.07 billion which beat the analyst consensus estimate of $1.04 billion by 3.17 percent. This is a 36.21 percent increase over sales of $787.77 million the same period last year.