Qualcomm Incorporated (NASDAQ: QCOM) reported first quarter 2022 earnings results today.
Revenues increased 30% year-over-year to $10.7 billion.
Net income rose 38% to $3.3 billion while EPS increased 41% to $2.98. Adjusted net income was up 47% to $3.6 billion while adjusted EPS rose 49% to $3.23.
For the second quarter of 2022, revenues are expected to range between $10.2-11.0 billion while adjusted EPS is estimated to be $2.80-3.00.
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