earnings
confidence high
sentiment positive
materiality 0.70
Qualcomm Q1 fiscal 2024 revenues $9.9B, EPS beat high end of guidance
QUALCOMM INC/DE
2024-Q1 EPS reported
$2.46
revenue$9,935,000,000
- GAAP EPS $2.46, Non-GAAP EPS $2.75; both exceeded high end of guidance.
- Revenues $9.9B, up 5% YoY; QCT Automotive posted record quarterly revenues.
- GAAP net income $2.77B (+24% YoY); Non-GAAP net income $3.10B (+16% YoY).
- CEO highlights Snapdragon momentum in handsets, auto, PC, XR and on-device AI.