Qorvo (NASDAQ: QRVO) stock soared over 15% in after-hours trading on Tuesday following the company's impressive fiscal Q3 2025 earnings results and upbeat guidance for the current quarter.

The semiconductor company, which supplies chips for mobile devices and defense/aerospace applications, reported fiscal Q3 non-GAAP earnings of $1.61 per share, beating Wall Street's estimates of $1.20. Revenue for the quarter came in at $916.3 million, topping analysts' expectations of $901.5 million.

Qorvo's strong performance was driven by continued success in supporting its largest customer (believed to be Apple for flagship Android phones), as well as record quarterly revenue in its High-Performance Analog (HPA) segment, which includes the defense and aerospace business. Management highlighted their strategy to focus on higher-value flagship and premium Android products where Qorvo's differentiated solutions are valued by customers.

Looking ahead, Qorvo provided an optimistic outlook for the current fiscal Q4 2025 quarter. The company expects earnings per share in the range of $0.90 to $1.10, well above consensus estimates of $0.87. Revenue guidance came in at $825 million to $875 million, compared to analyst forecasts of around $843 million.

In a statement, Qorvo CEO Bob Bruggeworth said, "As we continue to execute on our growth and diversification strategy, we expect HPA and (Connectivity and Sensors Group) to deliver double-digit growth in fiscal 2025 and next fiscal year."