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.

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Q3 2020

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Source Fool.com