It is estimated that December quarter earnings, adjusted for one-off items, increased to $2.97 per share from $2.75 per share in the prior year period. The consensus revenue estimate is $10.9 billion.
In the fourth 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%.
Net income was $2.92 billion or $2.59 per share in Q4, compared to $1.49 billion or $1.32 per share in the corresponding quarter of 2023. Adjusted profit increased by 33% to $2.69 per share.
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