Investing.com -- Qualcomm reported fiscal first-quarter results Wednesday and guidance for the current quarter as smartphone demand continues to improve, boosting demand for its chips.
Shares in California-based Qualcomm Incorporated (NASDAQ:QCOM) were up more than 1% in after-hours dealmaking.
Qualcomm reported adjusted earnings per share of $3.41 on revenue of $11.67 billion, beating projections of $2.97 and $10.03B, according to an Investing.com forecast based on a poll of analysts.
For Q2, the company is forecasting adjusted EPS of $2.70 to $2.90 on revenue of $10.3B to $11.2B, compared with estimates for $2.71 and $10.36B, respectively.
Related Articles
Qualcomm Q1 results top estimates as smartphone demand continues to improve
Corteva reports smaller fourth-quarter loss
Qualcomm results, forecast top expectations as AI drives smartphone sales
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。