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Qorvo targets $70M annual OpEx reduction in 2027 as restructuring accelerates shift to premium smartphone and defense markets Nov. 03, 2025 7:56 PM ETQorvo, Inc. (QRVO) StockAI-Generated Earnings Calls Insights Comments Earnings Call Insights: Qorvo (QRVO) Q2 2026 Management View President and CEO Robert Bruggeworth highlighted that "Qorvo delivered solid operating performance during our fiscal second quarter." He noted ongoing restructuring actions to "enhance profitability and quarterly strategic achievements," including divesting or exiting businesses not Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking Alpha website. The insights are generated by an AI tool and have not been curated or reviewed by editors. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of the earnings call insights cannot be guaranteed. Please see full earnings call transcripts here. The earnings call insights are intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Quick Insights Qorvo expects restructuring to reduce annual operating expenses by $70 million starting fiscal 2027, enhancing profitability through business exits, manufacturing consolidation, and strategic focus shifts. Exiting low-end Android is projected to cause a $200 million Android revenue decline this fiscal year and over $200 million next year, posing a significant headwind. HPA is projected to see double-digit growth; CSG expectations have been cut from low single-digit growth to roughly flat; ACG’s focus is shifting to premium/flagship tiers with declining low-end Android exposure. Recommended For You More Trending News
