Categories AlphaGraphs, Earnings, Technology
QCOM Earnings: Key quarterly highlights from Qualcomm’s Q3 2023 financial results
Qualcomm Incorporated (NASDAQ: QCOM) reported third quarter 2023 earnings results today.
Revenues decreased 23% year-over-year to $8.4 billion.
GAAP net income fell 52% to $1.8 billion, or $1.60 per share, compared to last year. Adjusted EPS dropped 37% to $1.87.
Both revenue and earnings beat expectations.
For the fourth quarter of 2023, the company expects revenues of $8.1-8.9 billion and adjusted EPS of $1.80-2.00.
The stock was down over 3% in aftermarket hours on Wednesday.
Prior performance
Most Popular
Infographic: How Lennar Corporation (LEN) performed in Q3 2024
Lennar Corporation (NYSE: LEN) reported total revenues of $9.4 billion for the third quarter of 2024, which was up 8% from the same period last year. Net earnings attributable to
FDX Earnings: FedEx Q1 2025 revenue and profit miss analysts’ estimates
Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decrease in revenues and adjusted earnings for the first quarter of 2025. The results also fell short of expectations. First-quarter earnings,
Signet (SIG) remains optimistic about its fiscal year 2025 performance, here’s why
Shares of Signet Jewelers Limited (NYSE: SIG) were up over 4% on Thursday. The stock has gained 24% over the past one month. The jewelry retailer saw revenue and profits
