Tech titan Qualcomm Inc. NASDAQ: QCOM delivered a strong fiscal Q4 report after Wednesday's close, reaffirming that the company's transformation, which we've been highlighting recently, is taking hold. Non-GAAP EPS and revenue both comfortably exceeded estimates, with revenue increasing by more than 10% year over year.
QCOM tops Q4 earnings and revenue estimates, fueled by record automotive sales and robust IoT and handset demand.
CNBC's Jon Fortt joins 'Squawk Box' to discuss the key takeaways from his conversation with Qualcomm CEO Cristiano Amon.
Qualcomm is well-positioned to benefit from AI's shift toward more efficient, low-power chips, especially for edge devices and inference workloads. QCOM's fundamentals are solid with rising cashflow margins, a strong balance sheet, and an attractive 12.1x TTM unlevered pretax cashflow valuation. Our technical analysis suggests a favorable risk/reward setup, with a potential upside to $215-240 and defined downside risk near the 50-day moving average.
Qualcomm (QCOM) came out with quarterly earnings of $3 per share, beating the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $2.69 per share a year ago.
The chip company's results were upbeat when excluding the charge, with its CEO cheering strong business momentum and new opportunities in data centers
The semiconductor and software maker posted a loss of $3.12 billion following a large tax-related charge, but recorded a 10% increase in sales.
Qualcomm Inc (NASDAQ:QCOM, ETR:QCI)'s fiscal fourth quarter financial results topped estimates for both revenue and earnings per share (EPS), however, a tax-related charge saw it post a net loss for the period. For the September quarter, revenue was up 10% year-over-year at $11.27 billion, above estimates of $10.77 billion.
Qualcomm reported better-than-expected earnings and revenue for the fiscal fourth quarter. The chipmaker has been trying to elbow its way into the artificial intelligence boom, which has to date been dominated by Nvidia.
Mobile chipmaker Qualcomm will debut its first artificial intelligence data center processor next year. This new tech will join several other AI chip alternatives to Nvidia's that have surfaced just within the past year or so.
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 September 2025.
Qualcomm (QCOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.