Qorvo (NASDAQ:QRVO) reported fiscal Q1 non-GAAP earnings of $0.34 per diluted share, down from $2.25 a year earlier.
Analysts polled by Capital IQ expected $0.15.
Revenue for the quarter ended July 1 was $651.2 million, down from $1.04 billion a year earlier.
Analysts surveyed by Capital IQ expected $639.7 million.
The company said it expects fiscal Q2 non-GAAP diluted EPS of $1.75. Analysts polled by Capital IQ are looking for $1.62.
Revenue for the fiscal quarter is projected to be $1 billion, plus or minus $15 million. the company said. Analysts surveyed by Capital IQ are expecting $953.8 million.