Qorvo reports fiscal 2027 Q1 results: revenue $784.8M, non-GAAP diluted EPS $1.64
Non-GAAP gross margin (full-year fiscal 2027) was maintained by 0.0 pts to above 50%. For Q1 fiscal 2027, GAAP revenue was $784.8 million versus $818.8 million in the prior-year quarter, GAAP diluted EPS was $0.96 versus $0.27, and non-GAAP diluted EPS was $1.64 versus $0.92 (up 78% year-over-year). Non-GAAP gross margin was 52.8%, up 880 basis points year-over-year, and free cash flow was $115.3 million. Given the pending transaction with Skyworks, Qorvo has discontinued conference calls and forward-looking gui...
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