earnings
confidence high
sentiment positive
materiality 0.75
Qualcomm Q3 FY2024: Revenue $9.4B (+11% YoY), Non-GAAP EPS $2.33 (+25%), Automotive up 87%
QUALCOMM INC/DE
2024-Q3 EPS reported
$6.39
revenue$28,718,000,000
- Revenue $9.39 billion, +11% YoY; GAAP EPS $1.88, Non-GAAP EPS $2.33 (+25% YoY).
- QCT Automotive segment revenue grew 87% YoY; overall QCT EBT margins at high end of guidance.
- Snapdragon X Series PC solutions launched as milestone in shift to intelligent computing company.
- EBT grew >20% YoY on both GAAP and Non-GAAP basis; net income up 18-26%.