Qualcomm quarterly revenue beats estimates [Reuters (UK)]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
Qualcomm quarterly revenue beats estimates - Reuters 2 Min Read (Reuters) - Qualcomm Inc beat analysts’ expectations for second-quarter revenue on Wednesday, adding to recent bullish results from a host of chipmakers that have allayed investor concerns over sluggish demand. Net income attributable to Qualcomm rose to $663 million, or 55 cents per share, in the quarter ended March 31, from $330 million, or 22 cents per share, a year earlier. Revenue fell to $4.88 billion, but beat analysts’ estimates of $4.80 billion. Qualcomm forecast third-quarter revenue for its patent licensing business between $1.23 billion and $1.33 billion, compared with analysts’ estimates of $1.01 billion, according to data firm FactSet. The forecast is the first after the settlement with Apple, which included a patent license agreement that took effect April 1. Qualcomm forecast adjusted revenue between $4.7 billion and $5.5 billion for its third quarter ending June 30, the mid-point of which falls below anal
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QCOM
Earnings
- 1/31/24 - Beat
QCOM
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 144
- 4/2/24 - Form 4
- QCOM's page on the SEC website