Qorvo, Inc. reported its fiscal 2025 second quarter earnings, revealing a revenue of $1.047 billion and a gross margin of 42.6%. The company's operating income stood at $9.7 million, with a loss per share of $0.18. On a non-GAAP basis, Qorvo's gross margin was reported at 47.0%, with an operating income of $212.2 million. Despite beating analyst expectations for adjusted earnings per share (EPS) at $1.88 compared to the estimated $1.85, the company experienced a 5.2% year-over-year revenue decline. Looking ahead, Qorvo provided a disappointing guidance for the third quarter of fiscal 2025, projecting an adjusted EPS of $1.10 to $1.30 against an estimate of $1.92 and revenues of $900 million versus the consensus estimate of $1.1 billion. The stock reacted negatively, dropping approximately 15% in after-hours trading, reflecting concerns over reduced demand from its largest customer, Apple Inc., which has impacted other suppliers as well.