Qualcomm shares fell 7% in extended trading on Wednesday after the chipmaker reported in-line fiscal fourth-quarter earnings but offered poor first-quarter guidance. Qualcomm also said it implemented a hiring freeze at the start of the current quarter. Here’s how the company did: Earnings: $3.13 per share, adjusted, vs. $3.13 perContinue Reading

Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings after the bell on Wednesday, slightly beating Wall Street estimates, but guidance for the current quarterContinue Reading

Qualcomm reported second-quarter earnings Wednesday, beating Wall Street expectations for sales and earnings, and driving the stock up over 4% in extended trading. Here’s how Qualcomm did versus Refinitiv consensus expectations: EPS: $3.21, adjusted, versus $2.91 expected, up 69% year-over-year Revenue: $11.16 billion, adjusted, versus $10.60 billion expected, up 41%Continue Reading

Qualcomm president and CEO Cristiano Amon speaks at a news conference during CES 2022 in Las Vegas, Nevada, U.S. January 4, 2022. Steve Marcus | Reuters Qualcomm reported first-quarter earnings Wednesday, beating analyst expectations for revenue and guidance, and offering a strong outlook for its fiscal second quarter. However, QualcommContinue Reading

Cristiano Amon, president of Qualcomm and Qualcomm CDMA Systems, responds to a issue during a panel discussion on 5G wireless broadband technology through the 2018 CES in Las Vegas, Nevada, U.S. January 10, 2018. Steve Marcus | Reuters Qualcomm inventory rose far more than 6% at a single position inContinue Reading

Qualcomm shares rose over 3% in extended trading on Wednesday following the chipmaker described third fiscal-quarter earnings that exceeded analyst estimates and presented a powerful forecast for the fourth quarter. Here is how the firm did: EPS: $1.92 for every share, altered, vs. $1.68 for every share as expected byContinue Reading

Steve Mollenkopf, chief government officer of Qualcomm Inc., speaks during a Enterprise Roundtable CEO Innovation Summit discussion in Washington, D.C., U.S., on Thursday, Dec. 6, 2018. The summit capabilities discussions with Americas prime main govt officers, govt leaders and marketplace industry experts on ideas and policies. Photographer: Andrew Harrer/Bloomberg byContinue Reading