Qualcomm Q1 Earnings Highlights: Record Revenue, EPS Beat Estimates, 'Growth Across Our Diversification Initiatives' - Qualcomm (NASDAQ:QCOM)

Piper Sandler Lowers QUALCOMM (NASDAQ:QCOM) Price Target to $190.00

QUALCOMM (NASDAQ:QCOM – Get Free Report) had its price target dropped by research analysts at Piper Sandler from $205.00 to $190.00 in a research report issued on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the wireless technology company’s stock. Piper Sandler’s target price would suggest a potential upside of 13.12% from the company’s current price. QCOM has been the topic of a number of other reports. Barclays …

Qualcomm Non-GAAP EPS of $3.41 beats by $0.44, revenue of $11.67B beats by $770M (NASDAQ:QCOM)

Qualcomm beats earnings expectations in Q1 with Non-GAAP EPS of $3.41 and revenue of $11.67B, exceeding estimates.

Qualcomm Q1 Earnings Highlights: Record Revenue, EPS Beat Estimates, 'Growth Across Our Diversification Initiatives' - Qualcomm (NASDAQ:QCOM)

Qualcomm Inc (NASDAQ:QCOM) reported first-quarter financial results, which included several company records, after the tmarket close Wednesday. Here are the key highlights. What Happened: Qualcomm reported record first-quarter revenue of $11.7 billion, up 17 % year-over-year. The revenue total beat a Street consensus estimate of $10.93 billion, according to data from Benzinga Pro. The company reported first-quarter earnings per share of $3.41, a…

Qualcomm Sales Beat Estimates, But Shares Fall On Licensing Forecast

Qualcomm has reported better-than-expected sales and profits, driven by demand for artificial intelligence (AI) features in smartphones. Qualcomm projected sales with a midpoint of $10.75 billion and adjusted earnings of $2.80 per share—both exceeding analyst estimates of $10.34 billion in revenue and $2.69 per share in profits. I Photo: Nathan Rupert Flickr However, its shares fell after the company forecast flat revenue in its patent licensing…

Qualcomm reported a positive return during the first fiscal quarter thanks to the best chip sales and solutions for smartphone and automotive segments. This boosted its revenues to an 18 percent year-on-year growth to the first fiscal quarter, and a 15 percent increase in net profits. Qualcomm’s consolidated revenues to the first fiscal quarter 2025 totaled $11.67 billion, representing an 18 percent year-on-year growth. Revenues far exceeded the…

Qualcomm tops estimates for earnings and revenue on strong smartphone demand – DG Verifications & Stats

In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNTQualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024.Ann Wang | Reuters Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29: Earnings per share: $3.41, adjusted, vs. $2.96 …