Qorvo Expands Margins Despite Revenue Dip In Q1 FY27
AI Summary
Qorvo reported lower quarterly revenue but improved margins as strong growth in defense, infrastructure, and power offset weakness in its mobile business. Radio frequency (RF) solutions provider Qorvo reported mixed results for the first quarter of fiscal 2027, posting lower revenue but stronger profitability as improved product mix and growth in high-value markets boosted margins.
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