Qorvo to report Q3 earnings with expected revenue decline, facing competition and pricing pressure

From Nasdaq: 2025-01-24 10:39:00

Qorvo, Inc. QRVO will report Q3 fiscal 2025 results on Jan. 28. Revenue expected to decline due to weakness in the Advance Cellular Group. Recently introduced automotive-qualified UWB SoC and Wi-Fi 7 front-end modules to boost prospects. However, faces competition and pricing pressure. Zacks Consensus Estimate predicts a year-over-year revenue decline.

In the last quarter, Qorvo unveiled innovative solutions for automotive and Wi-Fi technology, enhancing its market position. Despite facing competitive pressures and pricing challenges, the company is expected to see revenue declines in the upcoming quarter. Analysts anticipate a 16.1% year-over-year decrease in total revenues for Q3 fiscal 2025.

Qorvo’s earnings report for Q3 fiscal 2025 is eagerly awaited. The company has introduced cutting-edge technologies in the automotive and Wi-Fi sectors, but faces stiff competition and pricing challenges. Analysts predict a revenue decline of 16.1% year-over-year. Stay tuned for the earnings release on Jan. 28.

For investors looking for potential earnings beats, consider companies like Meta Platforms, Automatic Data Processing, and InterDigital. These companies have strong Earnings ESP and favorable Zacks Rank. Meta Platforms is set to report on Jan. 29, while ADP and IDCC are scheduled for the same day.

Looking for more investment opportunities? Check out Zacks’ recommendations for the best stocks to buy or sell before they’re reported. Stay informed with the latest stock analysis reports for companies like Meta Platforms, Automatic Data Processing, InterDigital, and Qorvo. Visit Zacks.com for more information and insights on these stocks.



Read more at Nasdaq: Qorvo’s Q3 Earnings Coming Up: Here’s What You Should Know