Newsletter

Menu

Qualcomm (NASDAQ: QCOM) Q4 profit beats estimates, guides in-line Q1

By Staff Correspondent |
Earnings Update by AlphaStreet

Qualcomm (NASDAQ: QCOM) swung to a profit in the fourth quarter of 2019 from a loss last year, helped by lower costs and expenses. The results exceeded analysts’ expectations. Further, the semiconductor manufacturer guided first-quarter revenue and earnings within the consensus estimates.

Net income was $506 million or $0.42 per share compared to a loss of $513 million or $0.36 per share in the previous year quarter. Adjusted earnings decreased by 12% to $0.78 per share.

Qualcomm (QCOM) Q4 2019 Earnings Review

Revenue dropped by 17% to $4.81 billion. The transition to the 5G networks has made the customers hold back on 4G services. This has made the demand for 4G services dull for the quarter.

Looking ahead into the first quarter, the company expects revenues to be in the range of $4.4 billion to $5.2 billion. Adjusted EPS is projected to be in the range of $0.80 to $0.90, down 25% to 33% year-over-year.

For the first quarter, MSM chip shipments are anticipated to decline by 11% to 22% to the range of 145 million to 165 million. QTL revenues are predicted to increase by 28% to 47% to the range of $1.3 billion to $1.5 billion. The GAAP earnings are expected to fall by 30% to 41% to the range of $0.51 to $0.61 per share.

For the fourth quarter, revenues from QCT fell by 22% to $3.61 billion due to a 34% dip in the MSM chip shipments. However, QTL revenues rose by 4% to $1.16 billion.

Read: Intel Q3 earnings review

The company said the second interim agreement with Huawei concluded in the Q3 of fiscal 2019, and although negotiations continue, Qualcomm has not reached a final agreement with Huawei.

Qualcomm expects 3G/4G/5G global device shipments in the range of 1.7-1.8 billion for the calendar 2019 and 1.75-1.85 billion for the calendar 2020. For the calendar 2020, 5G global handset shipments are anticipated to be in the range of 175-225 million.

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips.

Advertisement

More on this Company

Intel Q3 2025 Earnings

Earnings Preview: What to watch as Intel (INTC) prepares to report Q4 results

January 13, 2026
Intel Q3 2025 Earnings

INTC Stock: Where does Intel stand in the semiconductor race?

January 5, 2026
Broadcom Q4 2025 Earnings

Broadcom Stock: Valuation and margins under review amid AI tailwinds

December 24, 2025

62 responses to “Qualcomm (NASDAQ: QCOM) Q4 profit beats estimates, guides in-line Q1”

  1. MasumINTL

    […]check below, are some totally unrelated web sites to ours, having said that, they may be most trustworthy sources that we use[…]

  8. izcalli

    […]that is the end of this article. Right here you’ll find some web pages that we consider you will value, just click the links over[…]

  24. 스포츠분석

    […]Wonderful story, reckoned we could combine some unrelated data, nonetheless seriously worth taking a appear, whoa did one particular understand about Mid East has got much more problerms as well […]

  26. esports domain

    […]very couple of internet sites that come about to become in depth below, from our point of view are undoubtedly nicely really worth checking out[…]

  38. dog probiotic chews on amazon

    […]although web sites we backlink to beneath are considerably not related to ours, we really feel they may be actually really worth a go as a result of, so have a look[…]

  41. mexican candy store near me

    […]Wonderful story, reckoned we could combine a few unrelated data, nonetheless actually really worth taking a appear, whoa did a single understand about Mid East has got much more problerms at the same time […]

  45. sui

    […]here are some links to internet sites that we link to due to the fact we assume they’re really worth visiting[…]

  46. sui

    […]always a large fan of linking to bloggers that I like but do not get lots of link adore from[…]

  49. linh

    […]Every when in a whilst we pick out blogs that we read. Listed below would be the most up-to-date websites that we pick out […]

  50. frenchie bully mix

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nevertheless actually worth taking a appear, whoa did one particular master about Mid East has got additional problerms also […]

  61. french pitbull dog

    […]that will be the end of this article. Here you will find some internet sites that we believe you will value, just click the hyperlinks over[…]

Top