0.00284006863499212 -5.91680965622798E-05 0.00544346488373478 0.00887521448435004 0.00905271877403705 0.0176912608721378 0.00319507721436614 0.0057984734631088
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Stockreport

Qualcomm perks up as Q2 results, guidance top expectations [Seeking Alpha]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Seeking Alpha
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Looking to the third-quarter, Qualcomm said it expects to earn between $2.15 and $2.35 per share on an adjusted basis, with revenue forecast between $8.8B and $9.6B. Analysts were expecting $2.16 per share in earnings and $9.05B in revenue. Broadcom ( AVGO ), Intel ( INTC ) and Nvidia ( NVDA ) moved higher on the back of Qualcomm's results. For the period ending March 24, Qualcomm earned an adjusted $2.44 per share on $9.39B in revenue, as QCT sales rose 1% year-over-year to $8.02B. Revenue from handsets rose 1% year-over-year to $6.18B while automotive sales jumped 35% to $603M. Sales from internet of things tumbled 11% to $1.243B. Licensing revenue rose 2% year-over-year to $1.318B. A consensus of analysts expected the company to earn $2.32 per share on $9.35B in revenue. “We are pleased to report strong quarterly results, with EPS exceeding the high end of our guidance,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “We are excited about our continue [Read more]

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Stockreport

Qualcomm perks up as Q2 results, guidance top expectations [Seeking Alpha]

QUALCOMM Incorporated  (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Looking to the third-quarter, Qualcomm said it expects to earn between $2.15 and $2.35 per share on an adjusted basis, with revenue forecast between $8.8B and $9.6B. Analysts were expecting $2.16 per share in earnings and $9.05B in revenue. Broadcom ( AVGO ), Intel ( INTC ) and Nvidia ( NVDA ) moved higher on the back of Qualcomm's results. For the period ending March 24, Qualcomm earned an adjusted $2.44 per share on $9.39B in revenue, as QCT sales rose 1% year-over-year to $8.02B. Revenue from handsets rose 1% year-over-year to $6.18B while automotive sales jumped 35% to $603M. Sales from internet of things tumbled 11% to $1.243B. Licensing revenue rose 2% year-over-year to $1.318B. A consensus of analysts expected the company to earn $2.32 per share on $9.35B in revenue. “We are pleased to report strong quarterly results, with EPS exceeding the high end of our guidance,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “We are excited about our continue [Read more]

IMPACT SNAPSHOT
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QCOM
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Don't Miss Out On The Next BIG Stock Move
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