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Qualcomm (NASDAQ: QCOM ) stock is a leading innovator in wireless technology, and their recent Q2 FY24 earnings report paints a bright picture for the company's future. As the backbone of 5G technology, the company is revolutionizing the smartphone and PC markets with its advanced AI chips.
Cristiano Amon, Qualcomm CEO, joins 'Closing Bell Overtime' to talk quarterly results, its automotive endeavors, diversification and more.
Qualcomm shares soared as much as 10% after the world's biggest seller of smartphone processors gave an upbeat forecast, suggesting that demand for handsets is increasing after a two-year slump. Qualcomm CEO Cristiano Amon joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
Qualcomm stock is higher after beating earnings expectations and raising its dividend.
Qualcomm (QCOM) beats second-quarter fiscal 2024 earnings estimates driven by top-line growth and lower operating expenses.
Daniel Newman, CEO of The Futurum Group, discusses Qualcomm's earnings and outlook.
Qualcomm (QCOM) shares jumped more than 4% in extended Wednesday after the mobile phone chip giant posted strong earnings and a better-than-expected current-quarter outlook amid growing demand for artificial intelligence (AI)-equipped smartphones.
Although the revenue and EPS for Qualcomm (QCOM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
QUALCOMM Incorporated (NASDAQ:QCOM ) Q2 2024 Earnings Conference Call May 1, 2024 4:45 PM ET Company Participants Mauricio Hodoyan - Vice President, Investor Relations Cristiano Amon - President and Chief Executive Officer Akash Palkhiwala - Chief Financial Officer and Chief Operating Officer Conference Call Participants Matt Ramsay - TD Cowen Samik Chatterjee - JPMorgan Mike Walkley - Canaccord Genuity Stacy Rasgon - Bernstein Research Chris Caso - Wolfe Research Timothy Arcuri - UBS Tal Liani - Bank of America C.J. Muse - Cantor Fitzgerald Operator Ladies and gentlemen, thank you for standing by.
Qualcomm (QCOM) came out with quarterly earnings of $2.44 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.15 per share a year ago.