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.

Qualcomm Q1 2024 earnings infographic

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

  • Qualcomm Q1 2023 earnings infographic

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

CVX Earnings: Chevron reports lower revenue and profit for Q1 2024

Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or

ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up

Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net

CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results

Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top