Qualcomm(US:QCOM) Sou Hu Cai Jing·2025-04-30 23:25Core Insights - Qualcomm reported strong revenue and profit growth for Q2 of fiscal year 2025, driven by robust chip sales [1][3] - Revenue reached $10.98 billion, a year-over-year increase of 16.9%, surpassing analyst expectations of $10.65 billion [1] - Profit for the quarter was $2.81 billion, up 20.6% from $2.33 billion in the same period last year [1] Financial Performance - Adjusted earnings per share (EPS) were $2.85, exceeding the forecast of $2.82 [1] - Adjusted operating income was $3.69 billion, with an operating margin of 28.4% and free cash flow margin of 21.3% [1] - The company's market capitalization stood at $161.3 billion [1] Segment Performance - The devices and services segment, including chip business, saw sales growth of approximately 18%, reaching $9.34 billion [3] - Licensing revenue also increased by 13%, contributing significantly to overall revenue [3] Future Guidance - For Q3, Qualcomm's revenue guidance is projected between $9.9 billion and $10.7 billion, below analyst expectations of $10.33 billion [3] - Expected EPS for Q3 is between $2.14 and $2.34, which does not meet Wall Street's forecast of $2.35 [3] - Adjusted EPS for Q3 is anticipated to be between $2.60 and $2.80, slightly below the analyst estimate of $2.67 [3] Market Reaction - Following the Q3 guidance, Qualcomm's stock price fell by 5.7% in after-hours trading, closing at $140 [3]