It is estimated that September quarter earnings, adjusted for one-off items, increased to $2.56 per share from $2.02 per share in the prior year period. The consensus revenue estimate is $9.9 billion.
In the third quarter, the tech firm’s revenue increased 11% year-over-year to $9.39 billion. QCT revenues moved up 12% and QTL revenues grew 3%.
Net income was $2.13 billion or $1.88 per share, compared to $1.80 billion or $1.60 per share in the third quarter of 2023. Adjusted profit increased to $2.33 per share in Q3 from $1.87 per share last year
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