Qorvo reported solid growth last quarter as the growing demand for generative AI smartphones boosted the demand for its chips. Qorvo's largest customer seems set to jump onto the AI smartphone bandwagon soon, and this may open another lucrative opportunity for the chipmaker.

The tech sector remains a driving force in the global economy, consistently pushing boundaries and shaping the future. So far, in 2024, the sector has experienced a rollercoaster ride.

Qorvo's (QRVO) first-quarter fiscal 2025 results benefit from solid traction in the Connectivity and Sensors Group and Advance Cellular Group.

Qorvo, Inc. (NASDAQ:QRVO ) Q1 2025 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Douglas DeLieto - Vice President, Investor Relations Robert Bruggeworth - President and Chief Executive Officer Grant Brown - Senior Vice President and Chief Financial Officer Dave Fullwood - Senior Vice President, Sales & Marketing Conference Call Participants Quinn Bolton - Needham & Company Aman Gulani - UBS Christopher Rolland - Susquehanna Karl Ackerman - BNP Paribas Jack Egan - Charter Equity Research Operator Good day and welcome to the Qorvo, Inc. First Quarter 2025 Earning Conference Call. All participants will be in listen-only mode.

While the top- and bottom-line numbers for Qorvo (QRVO) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Qorvo (QRVO) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.34 per share a year ago.

Chipmaker Qorvo beat Wall Street expectations for first-quarter revenue on Tuesday, as it benefited from a rise in orders due to a recovery in the smartphone market.

GREENSBORO, N.C., July 30, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading global provider of connectivity and power solutions, today announced financial results for the Company's fiscal 2025 first quarter ended June 29, 2024.

Qorvo (QRVO) will likely report top-line growth year over year, backed by healthy demand in Connectivity and Sensors Group and Advance Cellular Group.

GREENSBORO, N.C., July 16, 2024 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading global provider of connectivity and power solutions, will host a conference call to review fiscal 2025 first quarter financial results on Tuesday, July 30, 2024, at 5:00 p.m. (ET). The conference call will be webcast live on the Company's Investor Relations website at the following URL: https://ir.qorvo.com (under “Events & Presentations”).

Qorvo's latest quarterly results point toward a significant acceleration in growth. The company's smartphone chips are used by the likes of Apple and Samsung, putting it in a solid position to make the most of the AI smartphone market's growth.

Qorvo (QRVO) introduces an advanced suite of high-powered amplifiers to enhance commercial prospects in the defense and aerospace sectors.