4-28-2021 – Qualcomm reported fiscal 2Q results better than analysts expectations. QCOM reported earnings of $1.90/share, topping the expectations of $1.67/share. Qualcomm revenue grew 52% for the quarter, up to $7.93 billion, beating the forecasts of $7.62 billion. The stock adds 5.30% in post-market trading at $143.81.
Qualcomm Guidance for the Third Quarter
Qualcomm (QCOM) called for fiscal 3Q adjusted earnings of $1.55 to $1.75 per share while it forecasts revenue between $7.1 billion to $7.9 billion.
