Categories AlphaGraphs, Earnings, Technology
QCOM Earnings: Qualcomm Q2 2024 revenue and profit beat Street view
Semiconductor company Qualcomm, Inc. (NASDAQ: QCOM) reported an increase in earnings and revenues for the second quarter of 2024. The numbers came in above analysts’ estimates.
At $9.39 billion, March-quarter revenues were up 1% from the prior-year quarter. QCT revenues moved up 1% and QTL revenues grew 2%.
Net income was $2.33 billion or $2.06 per share in the three months, compared to $1.70 billion or $1.52 per share in the second quarter of 2023. Adjusted profit increased to $2.44 per share in Q2 from $2.15 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
NKE Earnings: Nike Q4 2024 profit tops expectations; revenue down 2%
Nike, Inc. (NYSE: NKE) Thursday reported an increase in earnings for the fourth quarter of 2024, despite a decline in revenues. Earnings also beat estimates. Fourth-quarter net income came in
Constellation Brands (STZ) is preparing to report Q1 earnings. Here’s what to expect
As Constellation Brands, Inc. (NYSE: STZ) prepares to report first-quarter results, the focus is on the brewer’s impressive performance in the beer market. Recent data show that the business has
Key takeaways from McCormick’s (MKC) Q2 2024 earnings report
Shares of McCormick & Company, Incorporated (NYSE: MKC) rose over 4% on Thursday, after the company delivered better-than-expected earnings results for the second quarter of 2024. The stock has dropped
