QORVO

Q1 FY2027 EarningsQ1 FY27 results significantly beat consensus across all profitability metrics despite a modest revenue beat. Revenue reached $784.8M (+5.86% vs. consensus), while Non-GAAP EPS of $1.64 surpassed expectations by 54.10%. The performance was driven by a robust Non-GAAP gross margin of 52.8%, exceeding the $49.4%$ consensus by 3.43pct, and strong double-digit growth in High Performance Analog (HPA). Management raised FY27 Non-GAAP EPS guidance to above $7.00, signaling continued confidence in AI and connectivity demand.