Wednesday, January 31, 2024

Qualcomm posts higher revenues and earnings

Qualcomm reported quarterly revenue of $9.935 billion, up 5% compared to $9.463 billion for the same period a year earlier. Net income amounted to $2.767 billion, up 24% compared to a year earlier.

“We are extremely pleased to report strong quarterly results, with revenues and EPS exceeding the high end of our guidance,” said Cristiano Amon, President and CEO of Qualcomm Incorporated. “Looking ahead, we are building on this momentum with our leading Snapdragon platforms and technology differentiation in connectivity, computing and on-device generative AI, across Handsets, Automotive, PC, XR and Industrial IoT.”



https://investor.qualcomm.com/financial-information/historical-financial-results