Categories AlphaGraphs, Earnings, Technology
QCOM Earnings: Qualcomm Q1 2024 revenue and profit beat Street view
Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) reported a year-over-year increase in earnings and revenues for the first quarter of 2024. The results also beat estimates.
At $9.94 billion, December-quarter revenues were up 5% from the prior-year quarter. QCT revenues increased 7% while QTL revenues declined 4%.
Net income came in at $2.77 billion or $2.46 per share in the three months, compared to $2.24 billion or $1.98 per share in the first quarter of 2023. Adjusted profit increased to $2.75 per share in Q1 from $2.37 per share last year. Both earnings and revenues beat estimates.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
A look at how Disney’s (DIS) entertainment business performed in Q2 2024
Shares of the Walt Disney Company (NYSE: DIS) stayed green on Wednesday. The stock has gained 16% year-to-date. The company recorded revenue and earnings growth for the second quarter of
