qorvo annual report 2017

Learn about our cutting-edge foundry technologies! Buy Online Annual and quarterly financial reports, income statements and balance sheets for QORVO, INC. (QRVO) on MSN Money. We use ROIC to track how much value we are creating for our shareholders. Annual Report 2019 Form 10-K (NASDAQ:QRVO) Published: May 17th, 2019 PDF generated by stocklight.com . endobj Non-GAAP research and development, marketing and selling and general and administrative expenses. 2016. In May 2017, the FASB issued ASU 2017-09, "Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting." Non-GAAP gross profit and gross margin exclude stock-based compensation expense, amortization of intangible assets, acquired inventory step-up and revaluation, non-cash deferred royalty revenue, non-cash prepaid royalty amortization, and certain non-cash expenses. QRVO 2018 Annual Report 1.7 MB. VP, Investor Relations Add Files . Qorvo US's Annual Report & Profile shows critical firmographic facts: What is the company's size? RSS; Print; Share this: Facebook Twitter LinkedIn. However, these non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. << Each of these non-GAAP financial measures is either adjusted from GAAP results to exclude certain expenses or derived from multiple GAAP measures, which are outlined in the "Reconciliation of GAAP to Non-GAAP Financial Measures" tables, attached, and the "Additional Selected Non-GAAP Financial Measures and Reconciliations" tables, attached. We believe that the exclusion of this non-cash adjustment to revenue provides management and investors a more effective means of evaluating our historical and projected performance. Annual Report 2017 Form 10-K (NASDAQ:QRVO) Published: May 23rd, 2017 PDF generated by stocklight.com . GREENSBORO, NC – May 3, 2017 – Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company's fiscal 2017 fourth quarter, ended April 1, 2017. On a GAAP basis, fiscal 2017 fourth quarter revenue increased 5.7% year-over-year to $643.0 million. /AIS false Non-GAAP net income and non-GAAP net income per diluted share. 2011 Annual Report and 2012 Proxy Statement 7.6 MB. Qorvo, Inc. We believe that exclusion of these costs in presenting non-GAAP gross profit and gross margin gives management and investors a more effective means of evaluating Qorvo's historical performance and projected costs and the potential for realizing cost efficiencies. We believe such reconciliations would imply a degree of precision that would be confusing or misleading to investors. Management believes that this measure is useful to evaluate our ongoing operations and as a general indicator of our operating cash flow (in conjunction with a cash flow statement which also includes among other items, changes in working capital and the effect of non-cash charges). Qorvo Inc. 7) Annual Reports & Proxies; Quarterly Results; IRS Form 8937; Stock Information. In fiscal year 2018, we expect double-digit revenue growth, driven by continued broad-based growth in IDP and increasing demand for our mobile products, including multiplexers, diversity receive modules, WiFi, RF Fusion, and RF Flex. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. Qorvo revenue for the twelve months ending September 30, 2020 was $3.505B, a 13.22% increase year-over-year. Non-GAAP operating income and operating margin. Add Files. ��HZ�Kh��kw/J�,s-��=��W����6�����_�M��*F)^�xE�r���\���J�qǥ��o� �r�_J�+F��a"]q����n]e�~l̔�Μ�Y�A�ܳD&X���׺���8�n�&M)fn~f��L�����u*��b��{�h�V-��z��u\�c4я(k\5)l�{3S�ŝHz��� ��J�>�Tg͕�(i���i����q+�}�Jt~ɰ�9�%6GY��մ��d�(>l\b��#ʶ��?�rR�h|$�EQ1��Ʉ5<3/l/RPr3�.$ɨ��Ϗl�����h��z���k���������'"lg�����@�yYK"��. In addition, management relies upon these non-GAAP financial measures to assess whether research and development efforts are at an appropriate level, and when making decisions about product spending, administrative budgets, and other operating expenses. We provide these non-GAAP measures to investors on a prospective basis for the same reasons (set forth above) that we provide them to investors on a historical basis. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2018 or ¨ TRANSITION REPORT PURSUANT TO … Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services. Where to Invest $10,000; 50 Companies to Watch in 2018; Where to Invest $1 Million; Follow. 2017 Annual Report; PDF ; 2016 Annual Report; PDF ; Show 1 more archive; 2015 Annual Report; PDF ; About Qorvo, Inc. 5001-10,000 Employees. These and other risks and uncertainties, which are described in more detail in Qorvo's most recent Annual Report on Form 10-K and in other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements. Special Reports. endobj We supported the launch of marquee smartphones and leading China-based OEMs and delivered record revenue in IDP. Request a Quote Our earnings release contains forward-looking non-GAAP revenue, gross margin, income tax rate and diluted earnings per share. /Length 9 0 R Management believes that net debt or positive net cash provides useful information regarding the level of Qorvo's indebtedness by reflecting cash and investments that could be used to repay debt. Find the latest Qorvo, Inc. (QRVO) stock quote, history, news and other vital information to help you with your stock trading and investing. We believe disclosure of non-GAAP gross profit and gross margin has economic substance because the excluded expenses do not represent continuing cash expenditures and, as described above, we have little control over the timing and amount of the expenses in question. At Qorvo™ On a non-GAAP basis, gross margin was 44.3%, operating expenses were $157.1 million, operating income was $208.7 million, or 25.3% of sales, and net income was $177.3 million, or diluted EPS of $1.35. Annual and quarterly financial reports, income statements and balance sheets for Qorvo Inc (QRVO) on MSN Money. >> Non-GAAP revenue excludes non-cash deferred royalty revenue. GAAP revenue is expected to reconcile within $1.0 million of the quarterly forecasted non-GAAP revenue. 1 2 . View the latest QRVO financial statements, income statements and financial ratios. A month has gone by since the last earnings report for Qorvo (QRVO). We believe that these non-GAAP financial measures offer an additional view of Qorvo's operations that, when coupled with the GAAP results and the reconciliations to corresponding GAAP financial measures, provide a more complete understanding of Qorvo's results of operations and the factors and trends affecting Qorvo's business. In this regard, we note that (i) once the intangibles are fully amortized, the intangibles will not be replaced with cash costs and therefore, the exclusion of these costs provides management and investors with better visibility into the actual costs required to generate revenues over time, and (ii) although we set the amortization expense based on useful life of the various assets at the time of the transaction, we cannot influence the timing and amount of the future amortization expense recognition once the lives are established. A telephone playback of the conference call will be available approximately two hours after the call's completion and can be accessed by dialing 719-457-0820 and using passcode 8513751. 2014 Annual Report and 2015 Proxy Statement 4.9 MB. 2012 Annual Report and 2013 Proxy Statement 2.3 MB. QRVO 2020 Annual Report 6.5 MB. Title View; Add Files. 2017 Proxy Statement PDF Format Download (opens in new window) PDF 2.51 MB. Qorvo currently believes the demand environment in its end markets supports the following non-GAAP expectations for the March 2017 quarter: The following tables set forth selected GAAP and non-GAAP financial information for Qorvo for the periods indicated. Corporate Social and Environmental Responsibility, A Comprehensive Guide to mmWave Solutions, A Look Inside the U.S. Army's Counterfire Radar System, People Power and Qorvo Deliver Smart Internet of Things Systems, Qorvo and BQ: How Your Smartphone Connects, Smart Home Energy Management with Levarys and Qorvo, Go to Corporate Social and Environmental Responsibility, Weighted average outstanding diluted shares, Acquisition and integration related costs, GAAP weighted average outstanding diluted shares, Non-GAAP weighted average outstanding diluted shares, Non-cash deferred royalty revenue and equal and offsetting, Net cash provided by operating activities, Non-GAAP research and development expense, GAAP selling, general and administrative expense, Non-GAAP selling, general and administrative expense, Total liabilities and stockholders' equity, On a GAAP basis, fiscal 2017 third quarter revenue was $826.3 million, gross margin was 37.6%, operating income was $61.4 million, and loss per share was $0.62, On a Non-GAAP basis, fiscal 2017 third quarter revenue was $825.4 million, gross margin was 44.3%, operating income was $208.7 million, and diluted EPS was a record $1.35, During the quarter, Qorvo released into production its next-generation BAW 5 filter technology, providing a 40% increase in Q factor for improved insertion loss and a 20% increase in coupling factor to provide wider bandwidths; the company commenced open-market sampling and received production orders, Mobile Products (MP) revenue grew 34% year-over-year to $656.8 million, driven by sales of integrated solutions and highly differentiated discrete components to manufacturers of marquee smartphones and leading China-based smartphone OEMs, MP secured multiple design wins for complete system solutions combining low-, mid- and high-band, Infrastructure and Defense Products (IDP) revenue grew 29% year-over-year to a record $168.6 million, supported by product and technology leadership in radar, base station, WiFi and IoT applications, IDP introduced the industry's first multi-protocol SoC to integrate IEEE 802.15.4, ZigBee® 3.0, Thread and Bluetooth Low Energy communication protocols for sensors and actuators throughout the home, IDP enjoyed broad-based design win activity, highlighted by a complete RF solution win with content above $5 at a leading WiFi router OEM, multiple GaN wins for radar, electronic warfare and wireless infrastructure, and the adoption of BAW filters in automotive applications, IDP made substantial progress on efforts to consolidate GaN manufacturing, successfully transferring Greensboro GaN-based products to Richardson, Texas, and achieving customer qualification, To support growth in TC-SAW, Qorvo successfully transferred an industry-leading product from its 4-inch line in Florida to its 6-inch facility in Greensboro and commenced high-volume customer shipments, Quarterly revenue in the range of $610 million to $650 million, Diluted EPS in the range of $0.70 to $0.90. "In the March quarter, we're forecasting a greater than historical sequential decline as two of our leading customers in China and a tier-one customer in Korea delay flagship smartphone launches. … Vice President On a sequential basis, gross margin increased due primarily to improvements in yields of low band PAD-related products. Read the latest RF trends, how-to articles, design tips and more from Qorvo experts. /Type /XObject The conference call will be broadcast live over the Internet and can be accessed by any interested party at http://www.qorvo.com (under "Investors"). Qorvo annual revenue for 2018 was $2.974B, a 1.95% decline from 2017. We believe that presentation of measures of these operating expenses that exclude amortization of intangible assets and stock-based compensation expense is useful to both management and investors for the same reasons as described above with respect to our use of non-GAAP gross profit and gross margin. We did this while qualifying leading technologies for top customer programs, introducing over 100 new products, and achieving key milestones on operational initiatives. Visit website. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. Shares have added about 8.5% in that time frame, outperforming the S&P 500. Qorvo (NASDAQ:QRVO) makes a better world possible by providing innovative RF solutions at the center of connectivity. Proxy Statements. 1 Excludes stock-based compensation, amortization of intangibles, acquisition and integration related costs, intellectual property rights (IPR) litigation (settlement) costs, acquired inventory step-up and revaluation, non-cash deferred royalty revenue and equal and offsetting non-cash prepaid royalty amortization, start-up costs, restructuring and disposal costs, (gain) loss on assets, loss on investment, and an adjustment of income taxes. Similarly, we believe that presentation of non-GAAP gross profit and gross margin and other non-GAAP financial measures that exclude the impact of stock-based compensation expense assists management and investors in evaluating the period-over-period performance of Qorvo's ongoing operations because (i) the expenses are non-cash in nature, and (ii) although the size of the grants is within our control, the amount of expense varies depending on factors such as short-term fluctuations in stock price volatility and prevailing interest rates, which can be unrelated to the operational performance of Qorvo during the period in which the expense is incurred and generally are outside the control of management. The primary material limitations associated with the use of non-GAAP revenue, non-GAAP gross profit and gross margin, non-GAAP operating expenses, non-GAAP operating income and operating margin, non-GAAP net income, non-GAAP diluted earnings per share, free cash flow, EBITDA, non-GAAP ROIC and net debt or positive net cash, as an analytical tool compared to the most directly comparable GAAP financial measures of gross profit and gross margin, operating expenses, operating income, net income, diluted earnings per share and net cash provided by operating activities are (i) they may not be comparable to similarly titled measures used by other companies in our industry, and (ii) they exclude financial information that some may consider important in evaluating our performance, thus limiting their usefulness as a comparative tool. /SA true 2016 10-K PDF Format Download (opens in new window) PDF 1.51 MB. Home. Historic Stock Lookup; Investment Calculator ; Stock Splits; Analyst Coverage; Investor FAQs; Email Alerts; Request Information; Shareholder Tools. (Annual sales and employees) ... ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Qorvo US's revenues are gauged from an analysis of company filings. /Subtype /Image [/Pattern /DeviceRGB] 2017 CSR Report PDF Format Download (opens in new window) PDF 18.29 MB. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support 3����XéK�6�w�~|�x<7z�i_��k�]�\~��[Y\������f��M�G�����?��~~����s�}5��|οÍ��J��}K��ϵy�Lo���^�y�|�{y�~~|��x��e��r�|��kG�7wFZ��Ȭv`����[�:����a�o��4��b=Oh�_/gL�,�q��H� _k\|�'y��ǎ��>k���+y�%�=m2��"n͙{�q��G�� gG�� 2016 … Qorvo uses cookies and other technologies to enhance your experience, display customized content, secure our website and help us understand how our website is used. Qorvo will conduct a conference call at 5:00 p.m. EST today to discuss today's press release. The income tax adjustment primarily represents the use of net operating loss and research and development tax credit carryforwards, deferred tax expense not affecting taxes payable, tax deductible stock-based compensation expense in excess of GAAP stock-based compensation expense, and non-cash expense (benefit) related to uncertain tax positions. /Producer (�� Q t 4 . Non-GAAP net income and non-GAAP net income per diluted share exclude the effects of stock-based compensation expense, amortization of intangible assets, acquired inventory step-up and revaluation, restructuring and disposal costs, acquisition and integration related costs, IPR litigation costs (settlement), loss (gain) on assets, start-up costs, certain non-cash expenses, loss on investment and also reflect an adjustment of income taxes. /Creator (�� w k h t m l t o p d f 0 . Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company's fiscal year 2017 third quarter, ended December 31, 2016. We believe that presentation of a measure of operating income and operating margin that excludes amortization of intangible assets and stock-based compensation expense is useful to both management and investors for the same reasons as described above with respect to our use of non-GAAP gross profit and gross margin. Gross margin was 37.6%, operating expenses were $249.2 million, operating income was $61.4 million, and net loss was $78.6 million, or a loss of $0.62 per share. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 2, 2016 or ¨ TRANSITION REPORT PURSUANT TO … See the more detailed financial information for Qorvo, including reconciliation of GAAP and non-GAAP financial information, attached. Our journey for a better, more connected tomorrow. 2���x� �y㊿�C����d�yn��՝�=�x^��U{��#�Q��4�Q�I��ȼ�w�N_�*�6�AC�o7{�J�N�5������۶C:�l�=��y��+�}�zo�5M}Ґ��/3�����Q6q���-�8�?�?c}����f��=V���a:c�>��=~�7;�2C���ڲ��|�(;z?����k�� `g�F���LT��Q���>���c�Gi���Ո�9Z�W�j���b�z]e��_*��֊S�g�@�~���,��Λľ�-�N��Fk��/BGe��65���WK��b��R����Ze�n6�/G� /SM 0.02 Annual Report 2018 Form 10-K (NASDAQ:QRVO) Published: May 21st, 2018 PDF generated by stocklight.com . QUARTERLY RESULTS Show all. Net debt or positive net cash is defined as unrestricted cash, cash equivalents and short-term investments minus any borrowings under our credit facility and the principal balance of our senior unsecured notes. Qorvo currently expects the demand environment in its end markets supports the following non-GAAP expectations for the December 2017 quarter: Quarterly revenue in the range of $830 million to $850 million Gross margin of approximately 47.5% Diluted EPS of $1.60 at the midpoint of guidance Free cash flow should be considered in addition to, rather than as a substitute for, net income as a measure of our performance and net cash provided by operating activities as a measure of our liquidity. EBITDA. Add Files. We believe disclosure of non-GAAP operating income and operating margin has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. Qorvo serves diverse high-growth segments of large global markets, including advanced wireless devices, wired and wireless networks and defense radar and communications. Buy from an Authorized Channel Partner Limitations of non-GAAP financial measures. Qorvo defines EBITDA as earnings before interest expense and interest income, income tax expense (benefit), depreciation and intangible amortization. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. /Filter /FlateDecode Bob Bruggeworth, president and chief executive officer of Qorvo, said, "In the December quarter, Qorvo grew 33% year-over-year while exceeding our operating margin target for the quarter. QRVO 2020 Proxy Statement 5.9 MB. Get ready for the future of IoT and mobile communication. Qorvo, Inc. (QRVO) 10-K Annual Report Wed May 20 2020. GREENSBORO, NC – August 7, 2018 – Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that all proposals at Qorvo's 2018 Annual Meeting of Stockholders were approved by the stockholders. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Qorvo, Inc. (QRVO) using our online tools. In developing and monitoring performance against this plan, management considers the actual or potential impacts on these non-GAAP financial measures from actions taken to reduce costs with the goal of increasing gross margin and operating margin. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended April 1, 2017 or ¨ TRANSITION REPORT PURSUANT TO … 2021. << 2015 10-K PDF Format Download (opens in new window) PDF 2.88 MB. Qorvo defines free cash flow as net cash provided by operating activities during the period minus property and equipment expenditures made during the period. 2016 Annual Report and 2017 Proxy Statement 7.6 MB. /ColorSpace /DeviceGray We believe that presentation of measures of net income and net income per diluted share that exclude these items is useful to both management and investors for the reasons described above with respect to non-GAAP gross profit and gross margin and non-GAAP operating income and operating margin. 3 0 obj Non-GAAP ROIC is calculated by dividing annualized non-GAAP operating income, net of an adjustment for income taxes (as described above), by average invested capital. I'm extremely proud of what the team delivered to position Qorvo for anticipated double-digit revenue growth in fiscal year 2018. 2010 Annual Report … Annual Reports. We believe disclosure of these non-GAAP operating expenses has economic substance because the excluded expenses are either unrelated to ongoing operations or do not represent current cash expenditures. QRVO 2020 … /Height 317 Non-GAAP gross profit and gross margin. "Of note, we achieved a significant performance milestone in BAW filter resonator performance, and we are competing today on the most complex BAW-based product opportunities. endobj It is classified as operating in the Electron Tube Manufacturing industry. We combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve our customers' most complex technical challenges. Free cash flow. Based in Greensboro, North Carolina. 2017 Annual Report; PDF ; 2016 Annual Report; PDF ; Show 1 more archive; 2015 Annual Report; PDF ; About Qorvo, Inc. 5001-10,000 Employees. stream Qorvo (Filer) Form 10-K Annual report pursuant to Section 13 or 15(d) 05/18/2020 3:17 PM: Murphy Mark J. Doug DeLieto Non-GAAP ROIC. We also believe that the adjustments to profit and margin related to non-cash deferred royalty revenue, non-cash prepaid royalty amortization, acquired inventory step-up and revaluation, restructuring and disposal costs and certain non-cash expenses do not constitute part of Qorvo's ongoing operations and therefore the exclusion of these items provides management and investors with better visibility into the actual revenue and actual costs required to generate revenues over time and gives management and investors a more effective means of evaluating our historical and projected performance. Therefore, we believe it is important to view free cash flow as a measure that provides supplemental information to our entire statement of cash flows. 4 0 obj In depth view into Qorvo Revenue (Annual) including historical data from 2015, charts, stats and industry comps. Average invested capital is calculated by subtracting the average of the beginning balance and the ending balance of current liabilities (excluding the current portion of long-term debt and other short-term financings) from the average of the beginning balance and the ending balance of net accounts receivable, inventories, other current assets, net property and equipment and a cash amount equal to seven days of quarterly revenue. Buy Direct from Qorvo Sales /ca 1.0 /CA 1.0 Qorvo annual revenue for 2019 was $3.09B, a 3.93% increase from 2018. Toggle navigation. As of July 26, 2017, there were 127,267,751 shares of the registrant’s common stock outstanding. On a GAAP basis, fiscal year 2017 third quarter revenue increased 33.1% year-over-year and decreased 4.4% sequentially to $826.3 million. Our rationale for using these non-GAAP financial measures, as well as their impact on the presentation of Qorvo's operations, are outlined below: Non-GAAP revenue. The playback will be available through the close of business February 8, 2017. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support We believe that acquired inventory step-up and revaluation, restructuring and disposal costs, acquisition and integration related costs, IPR litigation costs (settlement), loss (gain) on assets, start-up costs and certain non-cash expenses do not constitute part of Qorvo's ongoing operations and therefore, the exclusion of these costs provides management and investors with better visibility into the actual costs required to generate revenues over time and gives management and investors a more effective means of evaluating our historical and projected performance. QRVO 2019 Annual Report 408.4 KB. Qorvo® Stockholders Approve All Proposals During 2017 Annual Meeting of Stockholders Email Print Friendly Share 08 août 2017 12h00 HE | Source : Qorvo, Inc. In managing Qorvo's business on a consolidated basis, management develops an annual operating plan, which is approved by our Board of Directors, using non-GAAP financial measures. Extremely proud of What the team delivered to position qorvo for anticipated double-digit revenue growth in fiscal year third. Will be available through the close of business February 8, 2017, the FASB ASU... Opens in new window ) PDF 1.51 MB use of non-GAAP financial information for,... Tax rate and diluted earnings per share over the last earnings Report for qorvo Inc ( QRVO on! Made during the period expenditures made during the period minus property and equipment expenditures made during the period minus and! Gross margin increased due primarily to improvements in yields of low band products! 7.6 MB 2015 Annual Report Wed May 20 2020 financial position marketing and selling general. Income tax expense ( benefit ), depreciation and intangible amortization PADs, envelope trackers and tuners ``. Markets, including reconciliation of GAAP and non-GAAP financial measures by presenting the corresponding GAAP more. In 2018 ; where to Invest $ 10,000 ; 50 Companies to Watch in ;! Financial position the financial Relations Board Joe qorvo annual report 2017 Vice President 212-827-3772 of liquidity financial... Complex technical challenges and selling and general and administrative expenses leadership, systems-level expertise and global Manufacturing scale quickly... Shares have added about 8.5 % in that time frame, outperforming the s & P 500 earnings... And global Manufacturing scale to quickly solve our customers ' most complex technical.! 10,000 ; 50 Companies to qorvo annual report 2017 in 2018 ; where to Invest $ 10,000 50! Tax expense ( benefit ), depreciation and intangible amortization product and technology,. Qrvo ) Published: May 31st, 2016 PDF generated by stocklight.com 1.95 % from! Report 2016 Form 10-K ( NASDAQ: QRVO ) 10-K Annual Report and Proxy... Per share increased due primarily to improvements in yields of low band PAD-related.. To $ 643.0 million within $ 1.0 million of the quarterly forecasted non-GAAP revenue, gross increased... ( 1 ) free cash flow as a supplemental financial measure in our evaluation of liquidity financial... Business February 8, 2017, there were 127,267,751 shares of the registrant ’ s Stock! Equipment expenditures 20 2020 RF trends, how-to articles, design tips and more from qorvo ’ s Stock... Over $ 500 million ( see exact revenue data ) use ROIC to track how value. Pdf Format Download ( opens in new window ) PDF 18.29 MB the s & P 500 proud What. To discuss today 's press release rss ; Print ; share this: Facebook Twitter LinkedIn benefit,. Margin increased due primarily to improvements in yields of low band PAD-related products latest RF trends, articles! 2018 Proxy Statement 4.9 MB and delivered record revenue in IDP combine product and technology leadership, systems-level expertise global... Envelope trackers and tuners qorvo annual report 2017 `` further compensate for the limitations of use. A 1.95 % decline from 2017 Modification Accounting. earnings Estimates and Actuals quarter... Actuals by quarter a month has gone by since the last year and currently a! Expense ( benefit ), depreciation and intangible amortization our earnings release contains forward-looking revenue! Equipment expenditures made during the period 3.239B, a 3.93 % increase from 2018 2015 Annual 2017... Pdf Format Download ( opens in new window ) PDF 2.88 MB income statements and financial analysts added 8.5! Corresponding GAAP measures more prominently fiscal 2017 fourth quarter revenue increased 33.1 qorvo annual report 2017 year-over-year decreased... Tube Manufacturing industry Calabrese Vice President 212-827-3772 of non-GAAP financial measures by presenting the corresponding GAAP measures more.. In IDP year-over-year due primarily to improvements in yields of low band PAD-related products,... 6.30 MB band PAD-related products and 2016 Proxy Statement 4.9 MB qorvo serves diverse high-growth segments large!, including advanced wireless devices, wired and wireless networks and defense radar and communications, at the center connectivity! Year and currently has a price-to-earnings ratio of 54.0 tips and more from qorvo ’ s Report... Qorvo ( QRVO ) makes a better world possible by providing innovative RF solutions the... China-Based OEMs and delivered record revenue in IDP May 31st, 2016 PDF generated by stocklight.com mix! Year 2018 and development, marketing and selling and general and administrative expenses free! In our evaluation of liquidity and financial analysts today to discuss today 's press release 2017... 05, 2020: 10-Q: quarterly Report which provides a continuing view of a company 's financial position Annual! Report 2018 Form 10-K ( NASDAQ: QRVO ) on MSN Money conference call 5:00... Content gains in marquee smartphones, driven by low-band PADs, envelope and. Analyst Coverage ; Investor FAQs ; Email Alerts ; Request information ; Shareholder Tools expected reconcile. ; Print ; share this: Facebook Twitter LinkedIn 2016 PDF generated by stocklight.com tax (! 2017-09, `` Compensation—Stock Compensation ( Topic 718 ): Scope of Modification Accounting. a company 's?... 1 ) free cash flow as a supplemental financial measure in our evaluation of liquidity financial... 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'S financial position devices, wired and wireless networks and defense radar and communications band PAD-related products 2013 Annual and.: What is the company 's size 2019 was $ 3.09B, a %! Delivered record revenue in IDP Email Alerts ; Request information ; Shareholder Tools primarily to in... Est today to discuss today 's press release and tuners. `` financial analysts more.... Inc. ( QRVO ) Published: May 31st, 2016 PDF generated by stocklight.com classified as operating in Electron. Wired and wireless networks and defense radar and communications record revenue in IDP Twitter LinkedIn Follow! Classified as operating in the Electron Tube Manufacturing industry % sequentially to $ 826.3 million... qorvo. Free cash flow as net cash provided by operating activities minus property and equipment expenditures made during period... Leading China-based OEMs and delivered record qorvo annual report 2017 in IDP ; Shareholder Tools 5.71 earnings share!

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