earnings
confidence high
sentiment positive
materiality 0.85
Qualcomm reports record Q1 FY2022: revenue $10.7B, GAAP EPS $2.98, non-GAAP EPS $3.23
QUALCOMM INC/DE
2022-Q1 EPS reported
$2.98
revenue$10,705,000,000
- Total revenues $10.7B, up 30% YoY; record quarterly revenue and EPS.
- QCT segment revenues $8.85B (+35% YoY); EBT $3.11B (+62% YoY) – second consecutive record quarter.
- IoT revenues in QCT grew 41% YoY, driven by connected intelligent edge demand.
- QTL licensing segment revenues $1.82B (+10% YoY); EBT margin stable at 77%.
- CEO cited addressable market expanding to ~$700B over next decade.