Reports Q2 revenue $9.4B, consensus $9.32B. “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 continued growth and diversification, including achieving our third consecutive quarter of record QCT Automotive revenues, upcoming launches with our Snapdragon X platforms, and enabling leading on-device AI capabilities across multiple product categories.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QCOM:
- Options Volatility and Implied Earnings Moves Today, May 01, 2024
- Qualcomm price target raised to $190 from $170 at HSBC
- Qualcomm (NASDAQ:QCOM) Q2 Earnings Preview: Here’s What to Expect
- Options Volatility and Implied Earnings Moves This Week, April 29 – May 02, 2024
- QCOM Upcoming Earnings Report: What to Expect?