Qualcomm (NASDAQ:QCOM) Posts Earnings Results
5 Articles
5 Articles
Qualcomm (NASDAQ:QCOM) Posts Earnings Results
Qualcomm (NASDAQ:QCOM - Get Free Report) released its quarterly earnings results on Wednesday. The wireless technology company reported $2.17 earnings per share for the quarter, beating analysts' consensus estimates of $2.16 by $0.01. The company had revenue of $10.44 billion during the quarter, compared to the consensus estimate of $10.12 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%.
For the latest quarter, American chipmaker Qualcomm reported adjusted earnings of $2.17 per share on revenue of $10.32 billion. The results were slightly better than analysts' estimates of $2.16 per share and revenue of $10.12 billion, respectively. However, the financial indicators are weaker compared to the same period last year, when the company reported earnings of $3 per share and revenue of $11.27 billion.
Qualcomm FY2026 Revenue Falls 2% to $43.24 Billion; Automotive Surges 52%, AI Data Center Targets $15 Billion by FY2029
Qualcomm reported revenue of $43.24 billion for fiscal 2026, declining 2 percent from $44.14 billion in fiscal 2025, as weaker smartphone chip sales offset strong growth in automotive, Internet of Things (IoT), and emerging AI data center businesses. The semiconductor company is accelerating its diversification strategy, targeting AI infrastructure, automotive technology, industrial IoT, AI PCs, robotics, and telecommunications infrastructure to…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
