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Qualcomm Q1 Earnings Highlights: EPS Beat, Automotive Revenue Up And More
Thursday, February 2, 2023 - 5:01pm | 393Technology company Qualcomm Incorporated (NASDAQ: QCOM) reported first quarter financial results and second quarter guidance after market close Thursday. Here are the key highlights. What Happened: Qualcomm reported first-quarter revenue of $9.46 billion, a decline of 12% year-over-year. The...
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EXCLUSIVE: Why Automakers Are Turning To Qualcomm For The Digital Transformation
Monday, September 26, 2022 - 12:01pm | 701Qualcomm Inc's (NASDAQ: QCOM) automotive design-win pipeline has more than doubled in less than a year as more and more automakers turn to the company's Snapdragon Digital Chassis solutions. Cristiano Amon, president and CEO of Qualcomm, highlighted the accelerated...
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Qualcomm Launches $100M Snapdragon Metaverse Fund
Monday, March 21, 2022 - 9:11am | 322Qualcomm Inc (NASDAQ: QCOM) announced Monday the launch of the Snapdragon Metaverse Fund, established to invest up to $100 million in developers and companies building unique, immersive XR experiences, as well as associated core augmented reality (AR) and related artificial intelligence (AI)...
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What's Going On With Qualcomm Stock After Hours Today
Wednesday, February 2, 2022 - 5:43pm | 251Shares of Qualcomm (NASDAQ: QCOM) were trading sharply lower after an initial surge following the release of its Q1 earnings report and on-track forward guidance for Q2. The company reported a beat on both EPS and sales while also announcing strong guidance in preparation for the second...
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Why Qualcomm Shares Are Trading Higher Today
Thursday, November 4, 2021 - 9:23am | 305Qualcomm Inc (NASDAQ: QCOM) is trading higher Thursday after the company announced better-than-expected fiscal fourth-quarter financial results and issued guidance. Qualcomm reported quarterly earnings of $2.55 per share, which beat the estimate of $2.26 per share. The company reported quarterly...
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Why Qualcomm Shares Are Rising
Wednesday, November 3, 2021 - 5:42pm | 226QUALCOMM, Inc. (NASDAQ: QCOM) shares are trading higher after the company reported better-than-expected fourth-quarter EPS and sales results and issued first-quarter guidance. Qualcomm reported quarterly earnings of $2.55 per share which beat the analyst consensus estimate of...
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Why Qualcomm's Stock Is Trading Higher Today
Thursday, July 29, 2021 - 9:59am | 212Qualcomm Inc (NASDAQ: QCOM) is trading higher Thursday morning after the company announced better-than-expected financial results and issued guidance above estimates. Qualcomm reported quarterly earnings of $1.92 per share, which beat the estimate of $1.67 per share. The company reported...
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Qualcomm CEO-Elect Cristiano Amon Speaks At BofA Securities Event: Why Is An Analyst Bullish?
Monday, June 14, 2021 - 4:50pm | 437An analyst at BofA Securities came away bullish from a virtual event it hosted for QUALCOMM Inc. (NASDAQ: QCOM). The Qualcomm Thesis: Qualcomm's CEO-elect Cristiano Amon sees exciting times for 5G, with a rate of deployment and subscriber growth tracking about two years faster than the 3G...
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Qualcomm CEO Steve Mollenkopf To Retire: What Investors Should Know
Tuesday, January 5, 2021 - 10:25am | 366Wireless technology company Qualcomm announced a change in leadership Tuesday morning. What Happened: Steve Mollenkopf announced he is stepping down as the CEO of Qualcomm Inc (NASDAQ: QCOM). Mollenkopf has been with Qualcomm for over 26 years. He will continue to serve as a strategic advisor for a...