Benzinga | Aug 4, 2021 04:00PM EDT

Qorvo Q1 Adj. EPS $2.83 Beats $2.45 Estimate, Sales $1.11B Beat $1.08B Estimate

Qorvo (NASDAQ:QRVO) reported quarterly earnings of $2.83 per share which beat the analyst consensus estimate of $2.45 by 15.51 percent. This is a 88.67 percent increase over earnings of $1.50 per share from the same period last year. The company reported quarterly sales of $1.11 billion which beat the analyst consensus estimate of $1.08 billion by 2.78 percent. This is a 40.96 percent increase over sales of $787.45 million the same period last year.