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Here's Why Shares of Qorvo Jumped Today

TheMotleyFool

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Shares of Qorvo (NASDAQ: QRVO) rose 11% Thursday after the company on Wednesday reported first-quarter results that topped Wall Street's expectations.

Qorvo reported its first-quarter results yesterday, with sales of $787.5 million and non-GAAP earnings per share of $1.50. Those figures easily beat analysts' consensus estimates for revenue of $730.2 million and earnings of $1.13.

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Source Fool.com

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