Why Qorvo Stock Is Soaring After-Hours Tuesday

Power solutions company Qorvo (NASDAQ:QRVO) reported better-than-expected financial results after market close Tuesday, sending shares higher.

What Happened: Qorvo reported first-quarter revenue of $818.8 million, beating a Street consensus estimate of $775.6 million, according to data from Benzinga Pro.

The company reported earnings per share of 92 cents for the quarter, beating a Street consensus estimate of 63 cents per share.

"The Qorvo team delivered a strong fiscal 2026 first quarter," Qorvo CEO Bob Bruggeworth said.

The CEO said the company is ...