Categories AlphaGraphs, Earnings, Technology

QCOM Earnings: Qualcomm reports higher Q4 2024 revenue and profit

Qualcomm, Inc. (NASDAQ: QCOM), a leading manufacturer and supplier of digital wireless communication products, reported an increase in revenues and net income for the fourth quarter of 2024.

Qualcomm Q4 2024 earnings infographic

September-quarter revenues increased 19% from last year to $10.2 billion. Revenue from the CDMA Technologies division grew 18% and Technology Licensing revenue rose 21% year-over-year during the three months.

Fourth-quarter net income came in at $2.92 billion or $2.59 per share, compared to $1.49 billion or $1.32 per share in the corresponding quarter of 2023. Adjusted profit increased to $2.69 per share in Q4 from $2.02 per share last year.

Prior Performance

  • Qualcomm Q3 2023 earnings infographic
  • Qualcomm Q2 2024 earnings infographic

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