Qualcomm second-quarter results beat estimates, shares rise [Reuters]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
Qualcomm second-quarter results beat estimates, shares rise (Reuters) - Qualcomm Inc ( QCOM.O ) on Wednesday beat Wall Street estimates for quarterly results and forecast current-quarter sales largely in line with expectations even though several other chipmakers had flagged concerns of a significant hit from the coronavirus outbreak. Shares of the company were up 5% in trading after the bell. The company forecast total revenue of between $4.4 billion and $5.2 billion for its third quarter. Analysts had estimated a revenue of $4.89 billion, according to IBES data from Refinitiv. Qualcomm, the world’s biggest supplier of modem chips that connect mobile phones and other devices to wireless data networks, said coronavirus reduced demand for handsets by about 21% in the second quarter from a year earlier, and forecast 30% reduction in handset shipment in the current quarter. However, Qualcomm’s revenue outlook was in contrast to many other chipmakers, including Intel Corp ( INTC.O ) a
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QCOM
Earnings
- 11/5/25 - Beat
QCOM
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 144
- 11/21/25 - Form 4
- QCOM's page on the SEC website