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Qualcomm Earnings Send Shares Climbing 8%

Moomoo News ·  Nov 7, 2024 05:08

$Qualcomm (QCOM.US)$ earnings after the bell sent the stock climbing 10% after the firm's forward-looking revenue came in above estimates. For its recent fourth quarter, the firm pulled in adjusted EPS of $2.69, above estimates of $2.56.

Revenue came in at $10.24B v.s. estimates $9.91 Bln. For the next quarter, the firm sees a revenue outlook of $10.5B to $11.3B, vs. estimates of $10.54B.

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