Qorvo Non-GAAP EPS of $2.25 beats by $0.13, revenue of $1.04B beats by $10M

• Qorvo press release (NASDAQ:QRVO): Q1 Non-GAAP EPS of $2.25 beats by $0.13.
• Revenue of $1.04B (-6.3% Y/Y) beats by $10M.
• 2Q23 Outlook: Revenue of $1.12B to $1.15B vs. consensus of $1.13B; Non-GAAP gross margin between 49% and 50%; vs. consensus of Non-GAAP diluted earnings per share in the range of $2.45 to $2.65 vs. consensus of $2.59.