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Stockreport

Qualcomm quarterly forecast underwhelms, but CEO says worst of memory crunch over [Yahoo! Finance]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Yahoo! Finance
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Wall Street expectations on Wednesday, as the chipmaker braces for a hit to demand stemming from a shortage of memory chips used ?in consumer electronics. Shares of the company fell around 4% in extended trading. But in an interview with Reuters, Qualcomm CEO Cristiano ?Amon said the company was confident that the smartphone market will start to rebound after its fiscal third quarter. "We can now call the bottom," Amon said, adding that the ?company's licensing business, which beat Wall Street estimates, gives it insights into smartphone makers' plans for later in the year. The company expects revenue of between $9.2 billion and $10 billion, a range entirely below estimates of $10.27 billion, according to data compiled by LSEG. Qualcomm is one of the largest smartphone semiconductor firms in the world, counting major players such as Apple and Samsung as customers, as well as major Chinese phone brands. But this year, the company has faced extreme uncertainty ?from smartpho [Read more]
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Stockreport

Qualcomm quarterly forecast underwhelms, but CEO says worst of memory crunch over [Yahoo! Finance]

QUALCOMM Incorporated  (QCOM) 
More Company Research Source: Yahoo! Finance
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Wall Street expectations on Wednesday, as the chipmaker braces for a hit to demand stemming from a shortage of memory chips used ?in consumer electronics. Shares of the company fell around 4% in extended trading. But in an interview with Reuters, Qualcomm CEO Cristiano ?Amon said the company was confident that the smartphone market will start to rebound after its fiscal third quarter. "We can now call the bottom," Amon said, adding that the ?company's licensing business, which beat Wall Street estimates, gives it insights into smartphone makers' plans for later in the year. The company expects revenue of between $9.2 billion and $10 billion, a range entirely below estimates of $10.27 billion, according to data compiled by LSEG. Qualcomm is one of the largest smartphone semiconductor firms in the world, counting major players such as Apple and Samsung as customers, as well as major Chinese phone brands. But this year, the company has faced extreme uncertainty ?from smartpho [Read more]
IMPACT SNAPSHOT
EVENT TIME:
QCOM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS