Company Information

  

Address: 7628 THORNDIKE ROAD  
City: GREENSBORO 
State: NC 
Zip Code: 27409 
Telephone: (336) 664-1233 

Description of Business

Primary SIC Code: 3674
(As filed with the SEC)  

Qorvo® is a product and technology leader at the forefront of the growing global demand for always-on broadband connectivity. We combine a broad portfolio of radio frequency ("RF") solutions, highly differentiated semiconductor technologies, deep systems-level expertise and scale manufacturing to supply a diverse group of customers in expanding markets, including smartphones and other mobile devices, defense and aerospace, WiFi customer premises equipment, cellular base stations, optical networks, automotive connectivity, and smart home applications. Within these markets, our products enable a broad range of leading-edge applications - from very-high-power wired and wireless infrastructure solutions to ultra-low-power smart home solutions. Our products and technologies help transform how people around the world access their data, transact commerce, and interact with their communities. Qorvo employs more than 8,600 people.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/2017-0.14NAN/E
06/2017-0.33NAN/E
03/2017-0.13NAN/E
12/2016-0.74NAN/E
09/2016-0.19NAN/E
06/2016-0.25NAN/E
03/2016-0.20NAN/E
12/2015-0.42NAN/E

Key Financial Ratios and Statistics

FYE: 04/01

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.00Total Liab/Total Assets0.25
Net Inc/Total Assets0.00Total Liab/Inv Cap0.27
Net Inc/Inv Cap0.00Total Liab/Comm Equity0.30
Pretax Inc/Net Sales0.01Interest Coverage Ratio1.46
Net Inc/Net Sales-0.01Curr Debt/EquityNA
Cash Flow/Net Sales0.26LTD/Equity0.20
SG&A/NetSales0.19Total Debt/Equity0.20
Asset Utilization   Liquidity  
Net Receivables Turnover7.71Quick Ratio2.46
Inventory Turnover4.42Current Ratio3.49
Inventory Day Sales0.01Net Rec/Curr Assets0.29
Net Sales/Work Cap2.91Inv/Curr Assets0.29
Net Sales/PP&E2.18  

Income Statement (Millions)

  9/30/2017 7/1/2017 4/1/2017 12/31/2016
Total Revenues(Net Sales) 821.58 640.83 642.99 826.35
Cost of Goods Sold 500.56 404.45 411.40 515.71
Selling & Admin Exps 160.06 147.71 140.38 137.31
Operating Income 49.56 -27.83 -24.46 61.38
Interest Exp 14.78 12.27 13.67 14.46
Pretax Income 35.65 -40.27 -37.29 44.54
Other Income 0.87 -0.17 0.84 -2.38
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 35.92 -30.62 55.91 -78.64

Balance Sheet (Millions)

Assets 9/30/2017 7/1/2017 4/1/2017 12/31/2016
Cash & Short Term Investments 574.87 512.63 545.46 495.81
Receivables - Total 510.24 415.45 423.20 503.37
Inventories - Total 461.01 470.88 430.45 404.62
Total Current Assets 1,608.21 1,467.22 1,461.61 1,487.92
Net Property, Plant & Equipment 1,443.39 1,440.11 1,391.93 1,335.77
Total Assets 6,478.08 6,442.70 6,522.32 6,624.91
Liabilities        
Accounts Payable 396.94 345.87 386.83 424.95
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 423.00 361.92 418.83 548.60
Long-Term Debt 989.69 989.42 989.15 988.89
Total Liabilities 1,573.50 1,530.02 1,625.60 1,761.80
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 5,321.74 5,365.37 5,357.39 5,378.94
Retained Earnings -413.19 -449.11 -456.37 -512.27
Treasury Stock NA NA NA NA
Total Stockholders' Equity 4,904.58 4,912.68 4,896.72 4,863.12
Total Liabilities and Stockholders' Equity 6,478.08 6,442.70 6,522.32 6,624.91

Cash Flow Summary (Millions)

Categories 9/30/2017 7/1/2017 4/1/2017 12/31/2016
Net Cash Provided by Operating Activities 219.86 103.64 247.07 220.36
Net Cash Provided by Investing Activities -97.86 -117.39 -167.10 -136.56
Net Cash Provided by Financing Activities -60.24 -19.83 -30.57 -56.04

Annual Summary Data (Millions)

Year Sales Net Income EPS
04/20141,148.2312.64--
04/20151,710.97196.302.17
04/20162,610.73-28.84-0.20
04/20173,032.57-16.56-0.13
Growth Rates38.23----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17433124,28097.75




Report Date : 12/4/2017

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