Qorvo Inc., a leader in the development and commercialization of technologies and products for wireless, wired, and power markets, has released its financial results for the fiscal year ending March 29, 2025. The company recorded $1,021.2 million in cash and cash equivalents, a slight decrease from $1,029.3 million as of March 30, 2024. The total cash includes $848.7 million held by foreign subsidiaries, with a substantial portion, $665.2 million, held by Qorvo International Pte. Ltd. in Singapore. Qorvo operates in three reportable segments: HPA, CSG, and ACG, providing RF, analog mixed signal, power management, connectivity, sensor solutions, and more. The company is actively monitoring ongoing U.S. government tariffs and retaliatory measures by impacted countries, implementing contingency plans like alternative sourcing strategies to maintain supply chain continuity and operational efficiency. The report did not specify significant variations in sales, revenues, net income, or EPS figures for the fiscal year 2025 compared to fiscal year 2024. However, Qorvo continues to focus on aligning its business strategies with long-term profitability objectives and exploring options to manage its outstanding debt obligations.
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