Qorvo Stock Falls After Q2 Results, Q3 Guidance Below Estimates: Details

Qorvo, Inc. (NASDAQ:QRVO) shares are trading lower after the company reported its second-quarter results after Tuesday's closing bell. Here's a look at the details from the report.  

The Details: Qorvo reported quarterly earnings of $1.88 per share, which beat the analyst consensus estimate of $1.85. Quarterly revenue came in at $1.047 billion, which beat the consensus estimate of $1.028 billion and is a decrease from sales of $1.104 billion from the same period last year.

“In the September quarter, ACG ...