— Qorvo commenced volume shipments of BAW filters to a
top-tier infrastructure OEM supporting China Mobile’s 5G small cell deployment.
— The company secured new
design wins and increased shipments of Wi-Fi 6 FEMs across CPE, retail and
mobile.
— Q4 2020 revenue is expected to be $800-840 million.
— Q4 2020 adjusted EPS is expected to be $1.55 at the
midpoint of guidance.
— QRVO shares gained 8% immediately following the
announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.