Qualcomm Surpasses Q3 Earnings Estimates, Misses on Revenues

Key Takeaways QCOM's Q3 non-GAAP EPS of $2.77 beats estimates, driven by strong IoT and automotive demand.Automotive revenue hit a record $984M, up 21% on Snapdragon Digital Chassis adoption.QCT revenue rose 11% to $8.99B, fueled by premium handset gains and solid EDGE networking traction.Qualcomm Incorporated (QCOM) reported relatively robust third-quarter fiscal 2025 results, with adjusted earnings exceeding the Zacks Consensus Estimate, driven by healthy demand trends in IoT and automotive businesses. Ho ...