Qualcomm Incorporated (NASDAQ: QCOM) reported third quarter 2021 earnings results today.
Total revenue increased 65% year-over-year to $8 billion.
GAAP net income more than doubled to $2 billion, or $1.77 per share, compared to the same quarter a year ago. Adjusted EPS amounted to $1.92.
Both the top and bottom line numbers beat estimates.
For the fourth quarter of 2021, the company expects revenues of $8.4-9.2 billion and adjusted EPS of $2.15-2.35.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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