US EditionQualcomm tops estimates but gives light revenue forecast
- Qualcomm reported fiscal second-quarter earnings ending March 30 in San Diego, beating revenue and earnings per share estimates but saw shares fall 5.4% after-hours on April 24, 2025.
- The results followed analyst expectations for $10.65 billion in revenue and $2.82 adjusted EPS, while the company warned about tariff uncertainties and a soft macroeconomic environment affecting demand.
- Qualcomm posted $10.98 billion in revenue, a 17% growth year-over-year, with $9.47 billion from its chip segment and $1.32 billion from licensing; the company expects third-quarter revenue below analyst estimates amid weaker smartphone chip demand.
- CEO Cristiano Amon emphasized their commitment to advancing their technology plans and maintaining strong customer ties, while analyst Kinngai Chan highlighted that uncertain tariff conditions are likely to affect Qualcomm's revenue expectations.
- Qualcomm’s forecast of $9.9 billion to $10.7 billion revenue and $2.60 to $2.80 EPS suggests cautious outlooks amid trade tensions, with China the largest market accounting for 46% of sales impacting future growth prospects.
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Qualcomm Beats Q2 Expectations On Earnings, Revenue: CEO Highlights Focus On 'Critical Factors We Can Control' - Qualcomm (NASDAQ:QCOM)
Qualcomm beat analyst estimates for revenue and earnings per share in the second quarter. A look at the highlights and what's next.
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Leaning Left2Leaning Right1Center6Last UpdatedBias Distribution67% Center
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