Qorvo (QRVO) Earnings Report, Financial Results, Financial analysis

Qorvo, Inc. reported in IV. Quarter net earnings per share of $0.48 an improvement compare to net loss per share of $-0.10 recorded a year ago and decline of -12.5 % from $0.55 earned in III. Quarter (Dec 29 2018).

*IV. Quarter*
Earnings Per Share	Revenues
$ 0.48	$ 681 Mill
$+0.58	$+15M +2.33 %

Qorvo's Revenue rose by 2.33 % in IV. Quarter (Mar 30 2019) year on year, to $681 million and declined by -18.2 % sequentially.

Qorvo is Expected to report next financial results on August 02, 2019.

More on QRVO's Income Statement

QRVO's NET INCOME

Qorvo's net income of $62 million in IV. Quarter increased from net loss of $-13 million IV. Quarter a year ago.

Sequentially net earnings fell by -11.51 % from net income of $69.52 million realized in previous quarter.

More on QRVO's Growth

Inventories grew by 8.36 % to $512 million from IV. Quarter a year ago, sequentially inventories rose by 10.08 %. In IV. Quarter company's net cash and cash equivalents decreased by $0 million, capital expenditures fell by 9.74%, to $-35 millions compare to same quarter a year ago and rose by -50.93% from III. Quarter (Dec 29 2018).

More on QRVO's Cash flow Statement

Earnings quality

Qorvo, Inc. does not pay out common stock dividend.

In trailing twelve-month period Qorvo, Inc. payed $ -0.33 cash per share, on a free-cash flow basis .

Book value fell by -5.49 % sequentially to $34.10 per share.
Tangible Book value fell to $ 13.91 per share from $ 15.29.

Company issued 0.99 million shares or 0.78 % in IV. Quarter.
Interest Coverage Ratio was 3.09. Debt Coverage Ratio was 0.19.

• More on QRVO's Dividends

Market Capitalization (Millions)	7,964
Shares Outstanding (Millions)	128
Total Debt (Millions $)	919
Revenue (TTM) (Millions $)	3,090
Net Income (TTM) (Millions $)	133
Cash Flow (TTM) (Millions $)	0
Capital Exp. (TTM) (Millions $)	49
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	8,300

Earnings quality

• More on QRVO's Balance Sheets

Market Capitalization (Millions)	7,964
Shares Outstanding (Millions)	128
Total Debt (Millions $)	919
Revenue (TTM) (Millions $)	3,090
Net Income (TTM) (Millions $)	133
Cash Flow (TTM) (Millions $)	0
Capital Exp. (TTM) (Millions $)	49
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	8,300

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Qorvo, Inc.

QRVO's Financial Statements and Analysis