Explore the latest developments concerning Qualcomm Q3 earnings.
Qualcomm Q3 earnings top revenue expectations, as smartphone market slows
Chipmaker Qualcomm (QCOM) reported its third quarter results on Wednesday, meeting expectations on earnings per share, while topping revenue projections.
For the third quarter, Qualcomm saw earnings per share (EPS) of $2.21 on revenue of $9.9 billion. Analysts were anticipating EPS of $2.21 and revenue of $9.6 billion.
"Despite a challenging memory and supply environment, our third quarter results reflect solid execution of our growth strategy, with quarterly revenues at the high end of guidance," CEO Cristiano Amon said in a statement.
"In the near term, we expect year-over-year growth in non-handset revenues, including Data Center, to accelerate from 24% in fiscal 2026 to greater than 60% in fiscal 2027 — a significant inflection point in the execution of our growth strategy."
Deep Wave Frontal Wig 13×6 Hd Lace Curly Human Hair Wig Water Wave 5×5 Hd Lace Closure Wigs 30 40 Inch Lace Front Wig Human Hair
The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.
For more detailed information, explore updates concerning Qualcomm Q3 earnings.
0 Comments