Qualcomm (QCOM) came out with quarterly earnings of $3.5 per share, beating the Zacks Consensus Estimate of $3.39 per share. This compares to earnings of $3.41 per share a year ago.
Supply shortages in the memory market have been a thorn in the side of technology companies, and Qualcomm is feeling the pain as well.
The semiconductor company logged revenue of $12.25 billion, but said the memory supply shortage will put a damper on its performance in the current quarter.
Qualcomm reported fiscal first quarter earnings on Wednesday that beat expectations, but the company's forecast came up short because of the global memory shortage. Qualcomm's smartphone customers, who buy their own memory and pair it with Qualcomm's processors and modems, are closely watching their inventories.
Qualcomm (QCOM) might be a promising choice for your portfolio, given its high cash yield, solid fundamentals, and attractive valuation. Companies of this nature can leverage cash to drive further revenue growth, or they might opt to reward their shareholders through dividends or buybacks.
QCOM's Snapdragon Elite powers ECARX???s Zenith platform, advancing high-performance, software-defined vehicles with AI and safety features.
QCOM eyes solid Q1 revenue on AI chip launches, but China tensions and sliding estimates cloud investor sentiment.
Beyond analysts' top-and-bottom-line estimates for Qualcomm (QCOM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2025.
Qualcomm (QCOM) could be a good choice for your investment portfolio, given its high cash yield, strong fundamentals, and discounted valuation. Companies of this nature can utilize cash to accelerate further revenue growth, or simply return it to their shareholders via dividends or stock buybacks.
Qualcomm (QCOM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of tech giant Qualcomm Inc. NASDAQ: QCOM are trading around $155 after a rough couple of weeks. Having started the year reasonably well, the stock has fallen roughly 15% over the past fortnight.
Shares of Qualcomm Inc NASDAQ: QCOM have been hit hard over the past week, sinking roughly 17% across seven consecutive sessions with little resistance from the bulls.