Qualcomm(QCOM)
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Qualcomm beats expectations with strong Q1 earnings
Proactive Investors· 2024-01-31 22:02
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Qualcomm handily beats expectations in its fiscal Q1
Invezz· 2024-01-31 21:20
Qualcomm Inc (NASDAQ: QCOM) is trading up in extended hours on Wednesday after reporting market-beating results for its fiscal first quarter.Qualcomm’s guidance for the current quarterCopy link to sectionThe stock is in the green also because the chipmaker issued in-line revenue guidance for the future. Qualcomm now forecasts its revenue to fall between $8.9 billion and $9.7 billion in its current financial quarter on $1.73 to $1.93 of per-share earnings (adjusted). Analysts, in comparison, were at a $2.25 ...
Qualcomm earnings blow past estimates, sending stock higher
Market Watch· 2024-01-31 21:20
Qualcomm Inc. blew out quarterly profit expectations in its most recent report Wednesday, helping to send its stock higher in the aftermarket. The company reported fiscal first-quarter net income of $2.8 billion, or $2.46 a share, up from $2.2 billion, or $1.98 a share, in the year-earlier period. On an adjusted basis, Qualcomm QCOM, +1.73% earned $2.75 a share, while analysts were modeling $2.37 a share. Revenue rose to $9.94 billion from $9.46 billion a year prior, whereas the FactSet consensus was for $9 ...
Qualcomm earnings beat estimates as smartphone chip sales suggest recovery
CNBC· 2024-01-31 21:10
Cristiano Amon, CEO of Qualcomm, responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024.Qualcomm reported fiscal first-quarter results on Wednesday that topped analysts' estimates as sales of handset chips jumped 16% from a year earlier. The stock rose almost 3% in extended trading. Here's how the chipmaker did for the quarter ending on December 24, per LSEG consensus expectations:EPS: $2.75 per share, adjusted ...
Qualcomm Earnings Release Available on Company's Investor Relations Website
Businesswire· 2024-01-31 21:00
Financial Results Announcement - Qualcomm Incorporated announced its financial results for the first quarter of fiscal 2024 through an earnings release available on the Qualcomm Investor Relations website [1] - The earnings release will be furnished to the SEC on a Form 8-K and will be available on the SEC website [1] Conference Call Details - Qualcomm will host a conference call to discuss its fiscal first quarter results on January 31, 2024, at 1:45 p m Pacific Time [2] - The conference call will be broadcast live on the Qualcomm Investor Relations website [2] - An audio replay will be available on the website and via telephone for 30 days after the live call [2] Company Overview - Qualcomm is focused on enabling a world where everyone and everything can be intelligently connected [3] - The company's technology roadmap includes advanced connectivity, high-performance, low-power compute, and on-device intelligence [3] - Qualcomm's innovations aim to enable cloud-edge convergence, transform industries, accelerate the digital economy, and revolutionize how we experience the world [3] Business Structure - Qualcomm Incorporated includes the licensing business (QTL) and the majority of the patent portfolio [4] - Qualcomm Technologies, Inc, a subsidiary, operates the engineering, R&D functions, and products and services businesses, including the QCT semiconductor business [4] - Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc and/or its subsidiaries [4]
Will Top-Line Growth Boost Qualcomm's (QCOM) Q1 Earnings?
Zacks Investment Research· 2024-01-30 18:31
Qualcomm Incorporated (QCOM) is scheduled to report first-quarter fiscal 2024 results on Jan 31, after the closing bell. It pulled off a trailing four-quarter earnings surprise of 2.23%, on average. The San Diego, CA-based company is expected to record a top-line expansion year over year, backed by the growing demand for Snapdragon chipsets and the introduction of cutting-edge AI-native solutions.Factors at PlayDuring the quarter, Qualcomm announced the launch of next-generation Snapdragon platforms designe ...
Qualcomm(QCOM) - 2024 Q1 - Quarterly Report
2024-01-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________ FORM 10-Q _____________________ (Mark one) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended December 24, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from to . Commission File Number 0-19528 QUALCOMM Incorporated (Exact name of registrant as specified in its charter ...
Why QUALCOMM (QCOM) Might Surprise This Earnings Season
Zacks Investment Research· 2024-01-30 14:36
Investors are always looking for stocks that are poised to beat at earnings season and QUALCOMM Incorporated (QCOM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because QUALCOMM is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty goo ...
Why Qualcomm Could Be a Top AI Stock for 2024
The Motley Fool· 2024-01-28 17:23
Qualcomm (QCOM -2.43%) could get its first mobile chip sales boost of the year from Samsung, which just announced its new phone lineup. This year, Samsung's Galaxy devices (the S24 series) are touting lots of on-device AI – which is thanks in large part to Qualcomm's Snapdragon chipsets. Here's why this could help make Qualcomm a top AI stock for 2024.(Re)-capturing some market share with new tech features?Samsung's flagship Galaxy mobile devices have some useful new apps and features launching this year.An ...
联发科和高通今年都将采用3纳米工艺,苹果或真的不再领先
网易科技· 2024-01-28 02:57
据悉联发科和高通今年的高端芯片都将采用台积电的3纳米工艺,这意味着手机芯片行业全面进入3纳米时代,对于苹果来说,唯一的独占优势也将失去,如果苹果不加快创新可能最后的优势也失去了。 一直以来,苹果的A系处理器都遥遥领先,凭借的就是先进的工艺和自主核心架构研发。芯片工艺方面,每年台积电量产的最先进工艺都优先供应给苹果,毕竟苹果的订单太大了,苹果一家就给台积电贡献26%的收入,而联发科、高通等给台积电贡献的收入不到一成,如此情况下台积电当然优先照顾苹果了。 苹果另一个优势则是它在自研核心架构方面的独特优势,多年来它是手机芯片行业唯一长期坚持自研核心架构的芯片企业,它研发的M系处理器更是ARM阵营唯一在性能方面媲美Intel的处理器,更凸显出苹果在核心架构研发方面的领先优势。 不过这几年苹果在自研核心架构方面有点力不从心,诸多技术天才的离开导致苹果的自研核心架构无法再如此前那样每年提升20%-30%的性能,从A15处理器到A17处理器都只是提升了一成左右。 芯片工艺方面研发也日益困难,台积电在3纳米工艺延迟了一年量产,去年为A17处理器代工却发现3纳米工艺性能不如预期,A17处理器性能提升仅10%却存在功耗过高的问题 ...