Qualcomm (QCOM) came out with quarterly earnings of $3.41 per share, beating the Zacks Consensus Estimate of $2.93 per share. This compares to earnings of $2.75 per share a year ago.
Ben Bajarin, Creative Strategies CEO, joins 'Closing Bell Overtime' to talk Qualcomm and Arm Holdings results.
Wireless technologies specialist Qualcomm (QCOM 1.63%) reported fiscal 2025 first-quarter earnings on Wednesday, Feb. 5, that topped analyst consensus top- and bottom-line estimates. Adjusted EPS soared to $3.41, exceeding the analyst estimate of $2.96.
Today's after-hour earnings painted a mixed picture. Qualcomm (QCOM) and Arm Holdings (ARM) each posted record revenues but one company traded lower.
Qualcomm Inc (NASDAQ:QCOM, ETR:QCI) shares edged lower afterhours despite the semiconductor and wireless telecommunications product manufacturer posting higher sales and profits than expected for the December quarter. Revenue for the fiscal first quarter of 2025 was $11.7 billion, above Wall Street expectations of $10.9 billion.
CNBC's Kristina Partsinevelos joins 'Closing Bell' to report on Qualcomm earnings.
Qualcomm reported fiscal first-quarter results on Wednesday that topped estimates. The company also issued an uplifting forecast for the current period.
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped drive sales of the smartphones, laptops and other devices powered by its chips.
It's been a rough start to the week for most stocks. But for higher-growth companies in sectors such as semiconductors, investors in companies like Qualcomm (NASDAQ:QCOM) have seen more volatility than others as investors continue to battle a range of macro headwinds.
CNBC's Kristina Partsinevelos joins 'Squawk on the Street' to discuss AMD's earnings, what to expect with Qualcomm's Q1 report, and more.
Qualcomm Inc QCOM will release its first quarter fiscal 2025 financial results, after the closing bell, on Wednesday.
Chinese artificial intelligence (AI) start-up DeepSeek sent shares of major technology companies into a tailspin after it revealed a highly cost-effective AI model that was trained using limited resources but is competent enough to match the performance of more powerful and expensive models from the likes of OpenAI.