Pages

Wednesday, November 1, 2023

QCOM: Well, This Was A Surprise — November 1, 2023

Locator: 45909TECH.

Link here.
Qualcomm provided a higher-than-expected revenue forecast for the December quarter at the midpoint of its guidance range, sending its stock higher in after-hours trading Wednesday. 
For the September quarter, Qualcomm reported adjusted earnings of $2.02 a share, compared with Wall Street’s consensus estimate of $1.91. 
Revenue came in at $8.7 billion, which was above analysts’ expectations of $8.5 billion.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.