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Wireless

Qorvo beats quarterly outlook with sales up 36%

Thursday 6 May 2021 | 11:37 CET | News
Qorvo reported revenues for its fiscal fourth quarter to March of USD 1.07 billion, up 36 percent year-on-year. The better-than-expected sales were due to strong demand for 5G handsets and Wi-Fi 6 products, the company said. Revenues were down 2 percent from the preceding quarter and Qorvo forecast a flat to slightly higher performance in Q1.

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Categories: Mobile & Wireless
Companies: Qorvo
Countries: World
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