Qorvo beats first quarter revenue estimates on upbeat chip demand July 30 (Reuters) - Chipmaker Qorvo QRVO.O beat Wall Street expectations for first-quarter revenue on Tuesday , as it benefited from a rise in orders due to a recovery in the smartphone market. Qorvo's results indicate that the Apple AAPL.O supplier has been received a boost in chip orders thanks to increased smartphone demand , driven by the integration of new artificial intelligence features.

BRIEF-Qorvo Q1 EPS USD 0 Jul 30 (Reuters) - Qorvo Q1 operating income USD 4.6 million. Q1 adjusted gross margin 40.9% Q1 gross margin 37.5% Q1 revenue USD 887 million vs. IBES estimate USD 851.9 million

What to Watch in the Day Ahead - Tuesday, July 30 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Microsoft is expected to report a rise in fourth-quarter revenue on robust demand for its AI-powered cloud and business software offerings.

Qorvo Inc expected to post earnings of 71 cents a share - Earnings Preview Qorvo Inc QRVO.OQ QRVO.O is expected to show a rise in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The Greensboro North Carolina-based company is expected to report a 30.8% increase in revenue to $851.882 million from $651.16 million a year ago, according to the mean estimate from 20 analysts, based on LSEG data.The company's guidance on May 1 2024, for the period ended June 3

What to Watch in the Week Ahead and on Monday, July 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY McDonald's is expected to post a smaller growth in second-quarter revenue as customers cut back on dining out amid persistent inflation.