Qorvo Rides the 5G Wave to Smash Analyst Estimates
Qorvo (NASDAQ: QRVO) reported third-quarter results after the closing bell on Wednesday. The company, which designs and manufactures semiconductors for wireless and broadband networking systems, exceeded Wall Street's estimates by a wide margin. Share prices barely moved on the news, which implies that the report was strong enough to support Qorvo's sky-high valuation.
Metric
Q3 2020
Source Fool.com
