Qorvo (Nasdaq:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. Qorvo was formed following the merger of RFMD and TriQuint, and has more than 6,000 global employees dedicated to delivering solutions for everything that connects the world. Qorvo has the industry's broadest portfolio of products and core technologies; world-class ISO9001-, ISO 14001- and ISO/TS 16949-certified manufacturing facilities; and is a DoD-accredited ‘Trusted Source’ (Category 1A) for GaAs, GaN and BAW products and services.

Company Growth (employees)
Type
Public
HQ
Greensboro, US
Founded
2015
Size (employees)
7,300 (est)
Website
qorvo.com
Qorvo was founded in 2015 and is headquartered in Greensboro, US

Qorvo Office Locations

Qorvo has offices in Greensboro, Hillsboro, Richardson, Apopka and in 3 other locations
Greensboro, US (HQ)
7628 Thorndike Rd
Nürnberg, DE
20 Löffelholzstraße
Singapore, SG
1 Changi Business Park Ave 1
San José, CR
Calle 144
Apopka, US
1818 S Orange Blossom Trail
Richardson, US
500 W Renner Rd
Hillsboro, US
2300 NE Brookwood Pkwy

Qorvo Metrics

Qorvo Financial Metrics

Revenue (2016)

$2.6 b

Revenue growth (2015-16), %

53%

Gross profit

$1 b

Gross profit margin (2016), %

40%

Net income (2016)

($28.8 m)

Market capitalization (21-Mar-2017)

$8.4 b

Closing share price (21-Mar-2017)

$67.6

Cash (31-Dec-2016)

$425.9 m
Qorvo's current market capitalization is $8.4 b.
Qorvo's revenue was reported to be $2.6 b in FY, 2016 which is a 52.6% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1.7 b$2.6 b

Revenue growth, %

53%

Cost of goods sold

$658.3 m$743.3 m$1 b$1.6 b

Gross profit

$689.3 m$1 b

Gross profit Margin, %

40%40%

Operating expense total

$566.8 m$1 b

EBIT

$122.5 m$12 m

EBIT margin, %

7%0%

Interest expense

$6.5 m$6 m$1.4 m$23.3 m

Income tax expense

$27.1 m$11.2 m($75.1 m)$26 m

Net Income

$196.3 m($28.8 m)
Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

$135.5 m$101.7 m$171.9 m$299.8 m$425.9 m
FY, 2015FY, 2016

Cash From Operating Activities

$127.9 m$126.1 m

Qorvo Market Value History

Qorvo Online Presence

Qorvo Company Life

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